Coins: 14,458
Exchanges: 1,103
Market Cap: $2.7T 0.1%
24h Vol: $64.527B
Gas: 4 GWEI
Go Ad-free

8 Top Upvoted Stories in Bitcoin's Subreddit in 2015

CoinGecko -

This is a guest post by Ofir Beigel from 99Bitcoins.

2015 has been a very interesting year for Bitcoin so far. With bitcoin price staying relatively stable, it is sometimes hard to miss that the currency’s adoption worldwide is growing each month. For example, only four months ago Paypal announced that Bitcoin merchants will now be able to accept Paypal - the issue of receiving bitcoin for Paypal was previously difficult.

We covered what were the hottest stories and images which managed to make it to the front page of /r/Bitcoin - the biggest social news portal for Bitcoin today. Unfortunately negative news still track a lot of attention, but you’ll also find some very encouraging signs for helping Bitcoin reach the early majority.

1. Silk Road Founder Sentenced to Life In Jail

Ross Ulbricht, the mastermind behind Silk Road, was sentenced to life in prison with no chance of parole by a Federal judge in New York. The stiff sentence comes after a few Silk Road users overdosed on drugs and hit contracts were offered on the deep-website. The sentences were the stiffest possible.

Ulbricht broke down in tears upon hearing his sentence and claimed that he wished he could “take a different path.” While operating the website, Ulbricht operated under the username “Dread Pirate Roberts". Silk Road used bitcoin to enable the illicit sale of various legal goods and services, including drugs, and for-hire hitmen.

2. You can now buy Xbox credit with bitcoin [Image]

3. Federal Agents Charged For Silk Road Related Crimes

Ross Ulbricht wasn't the only criminal mastermind to get caught up in the Silk Road busts. It turns out that two corrupt Federal agents also committed various crimes related to Silk Road and are now facing charges. The agents seemed to believe that they will be protected by the same security and privacy protections that kept Silk Road hidden and secure for so long.

One agent, Carl Mark Force IV, worked for the Drug Enforcement Administration, while the other agent, Shaun W. Bridges, worked for the Secret Service. Both were charged with money laundering and wire fraud, while Force was additionally charged with conflict of interest and theft of government property.

4. Drunk Brit Buys Too Many Bitcoins, Buys Americans Pizza

One man's folly can some times turn out to be another's gain. When Daniel Sobey-Harker bought 2 bitcoins, not fully understanding how valuable they were, he decided to offload the bitcoins in the most generous way possible: buying Americans Papa John's pizzas.

Turns out Sobey-Harkey was just trying to see how bitcoin worked and had no need for so much money to be tied up in the coins. Apparently, the decision to purchase all of the pizzas came after Sobey-Harker got drunk.  Sobey-Harket is the chief market officer for Campus Society, which connects university students in similar courses. Given the huge amount of publicity generated by the story, Sobey-Harker's mistake could turn out to be a blessing in disguise.

5. Meanwhile in Pakistan [Image]

6. Episcale Mining Malware Installed With uTorrent

uTorrent users have reported that after downloading the uTorrent software, a bitcoin miner had automatically installed itself. The auto-installs allegedly came even after users opted out of additional software packages. In contradiction to user reports, uTorrent's management claims that the software cannot be installed without user approval and is easy to uninstall.

Bitcoin malware has emerged as perhaps the biggest security threat in the bitcoin community. Such malware programs hijack people's computers and use computing power to mine bitcoins. Episcale appears to be a legitimate company, but if users are correct in their assertions, they may be resorting to malware tactics.

7. Rand Paul is first presidential candidate to accept donations in Bitcoin

Rand Paul is a Libertarian Republican who decided to take a leap into Bitcoin. This marked the first time a candidate for president has accepted purely digital campaign funds. The decision was aligned with Paul’s view that governments should stay away from the country’s money supply in order to prevent inflation.

In order to follow the rules of the presidential campaign Rand couldn’t use the bitcoins in their original form. He would actually need to convert them to US dollars before being able to use them.

8. Just saw this posted on a wall in north London and thought it was genius [Image]

Found this interesting and want to view other top stories? Just head to /r/Bitcoin and filter the links according to your desired timeframe on the top left.

CoinGecko's Content Editorial Guidelines
CoinGecko’s content aims to demystify the crypto industry. While certain posts you see may be sponsored, we strive to uphold the highest standards of editorial quality and integrity, and do not publish any content that has not been vetted by our editors.
Learn more
Want to be the first to know about upcoming airdrops?
Subscribe to the CoinGecko Daily Newsletter!
Join 600,000+ crypto enthusiasts, traders, and degens in getting the latest crypto news, articles, videos, and reports by subscribing to our FREE newsletter.
Tell us how much you like this article!
CoinGecko
CoinGecko
CoinGecko's editorial team comprises writers, editors, research analysts and cryptocurrency industry experts. We produce and update our articles regularly to provide the most complete, accurate and helpful information on all things cryptocurrencies. Follow the author on Twitter @coingecko

More Articles

Select Currency
Suggested Currencies
USD
US Dollar
IDR
Indonesian Rupiah
TWD
New Taiwan Dollar
EUR
Euro
KRW
South Korean Won
JPY
Japanese Yen
RUB
Russian Ruble
CNY
Chinese Yuan
Fiat Currencies
AED
United Arab Emirates Dirham
ARS
Argentine Peso
AUD
Australian Dollar
BDT
Bangladeshi Taka
BHD
Bahraini Dinar
BMD
Bermudian Dollar
BRL
Brazil Real
CAD
Canadian Dollar
CHF
Swiss Franc
CLP
Chilean Peso
CZK
Czech Koruna
DKK
Danish Krone
GBP
British Pound Sterling
GEL
Georgian Lari
HKD
Hong Kong Dollar
HUF
Hungarian Forint
ILS
Israeli New Shekel
INR
Indian Rupee
KWD
Kuwaiti Dinar
LKR
Sri Lankan Rupee
MMK
Burmese Kyat
MXN
Mexican Peso
MYR
Malaysian Ringgit
NGN
Nigerian Naira
NOK
Norwegian Krone
NZD
New Zealand Dollar
PHP
Philippine Peso
PKR
Pakistani Rupee
PLN
Polish Zloty
SAR
Saudi Riyal
SEK
Swedish Krona
SGD
Singapore Dollar
THB
Thai Baht
TRY
Turkish Lira
UAH
Ukrainian hryvnia
VEF
Venezuelan bolívar fuerte
VND
Vietnamese đồng
ZAR
South African Rand
XDR
IMF Special Drawing Rights
Cryptocurrencies
BTC
Bitcoin
ETH
Ether
LTC
Litecoin
BCH
Bitcoin Cash
BNB
Binance Coin
EOS
EOS
XRP
XRP
XLM
Lumens
LINK
Chainlink
DOT
Polkadot
YFI
Yearn.finance
Bitcoin Units
BITS
Bits
SATS
Satoshi
Commodities
XAG
Silver - Troy Ounce
XAU
Gold - Troy Ounce
Select Language
Popular Languages
EN
English
RU
Русский
DE
Deutsch
PL
język polski
ES
Español
VI
Tiếng việt
FR
Français
PT
Português
All Languages
AR
العربية
BG
български
CS
čeština
DA
dansk
EL
Ελληνικά
FI
suomen kieli
HE
עִבְרִית
HI
हिंदी
HR
hrvatski
HU
Magyar nyelv
ID
Bahasa Indonesia
IT
Italiano
JA
日本語
KO
한국어
LT
lietuvių kalba
NL
Nederlands
NO
norsk
RO
Limba română
SK
slovenský jazyk
SL
slovenski jezik
SV
Svenska
TH
ภาษาไทย
TR
Türkçe
UK
украї́нська мо́ва
ZH
简体中文
ZH-TW
繁體中文
Login to track your favorite coin easily 🚀
By continuing, you agree to CoinGecko Terms of Service and acknowledge you’ve read our Privacy Policy
or
Forgot your password?
Didn't receive confirmation instructions?
Resend confirmation instructions
IT'S FREE! Track your favorite coin easily with CoinGecko 🚀
By continuing, you agree to CoinGecko Terms of Service and acknowledge you’ve read our Privacy Policy
or
Password must contain at least 8 characters including 1 uppercase letter, 1 lowercase letter, 1 number, and 1 special character
Didn't receive confirmation instructions?
Resend confirmation instructions
Forgot your password?
You will receive an email with instructions on how to reset your password in a few minutes.
Resend confirmation instructions
You will receive an email with instructions for how to confirm your email address in a few minutes.
Get the CoinGecko app.
Scan this QR code to download the app now App QR Code Or check it out in the app stores
coingecko
Continue in app
Track prices in real-time
Open App