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Bitcoin => Bitcoin Discussion => Topic started by: Minecache on June 23, 2017, 09:48:48 PM



Title: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Minecache on June 23, 2017, 09:48:48 PM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: cellard on June 23, 2017, 10:11:57 PM
This only further proves that bitcoin is here to stay and big players are taking it increasingly serious. Good for them, but im not interested in online wallets. Looks like Blockchain.info motto is "be your own bank". But you can't be your own bank if you are giving them your private keys... they are being the bank.

Download Bitcoin Core and run a full validating node, that is how you are your own bank. Everything else is an imitation of that.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Minecache on June 23, 2017, 10:16:34 PM
Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: olushakes on June 23, 2017, 10:19:39 PM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html
A quick look into the link and even reading the article suggest otherwise that  blockchain.info is being bought by Google what happen is just raising capital from individuals and companies that believes in the project and as a worthy if note, its normal for companies to raise capital in other to meet current challenge and blockchain.info doing so is not out of the ordinary and also a testament to the durability of bitcoin like someone have rightlg stated.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: BitMaxz on June 23, 2017, 10:45:20 PM
This is really a good news for bitcoin users and we will see a large price increase these coming months. and i think today is a good time to buy bitcoins before its late google will trying to spread and promoting bitcoin all over the internet since google is a big company it can be help a lot to get more impression and to get more trust from people.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: countryfree on June 23, 2017, 10:48:25 PM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: vh on June 23, 2017, 10:56:44 PM
At least google isn't avoiding bitcoin like paypal is.   It would be sweet if they partnered up someday and bring the tech into android pay with fiat as collateral escrow or such.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Bighero76 on June 23, 2017, 10:59:28 PM
Fake news, please read the nees carefully


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: shinratensei_ on June 23, 2017, 11:14:35 PM
The title just like a click bait to made everyone panic about the blockchain.info, Some are misinterpreted about the real news in the article. The blockchain invested 40 million to the blockchain start up.
Not to buy the blockchain itself. The Google tries to push the more money to develop the future system or technology.  :P


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Velkro on June 23, 2017, 11:18:07 PM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html
WOW this is actually a good news! :)
Very good indeed.
I hope this will bring down price to $900


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Nagadota on June 23, 2017, 11:18:53 PM
An investment firm related to Google has invested in one of Blockchain.info's funding rounds, the last of which was in 2014.

At least google isn't avoiding bitcoin like paypal is.   It would be sweet if they partnered up someday and bring the tech into android pay with fiat as collateral escrow or such.
PayPal is not "avoiding Bitcoin", in the slightest.  Instead, they're trying hard to stay relevant in comparison.

Not "avoiding Bitcoin", just "not Bitcoin".  Key distinction there.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: vh on June 24, 2017, 12:18:07 AM
An investment firm related to Google has invested in one of Blockchain.info's funding rounds, the last of which was in 2014.

At least google isn't avoiding bitcoin like paypal is.   It would be sweet if they partnered up someday and bring the tech into android pay with fiat as collateral escrow or such.
PayPal is not "avoiding Bitcoin", in the slightest.  Instead, they're trying hard to stay relevant in comparison.

Not "avoiding Bitcoin", just "not Bitcoin".  Key distinction there.

Thats where we disagree.   They stop being 'just "not Bitcoin"' the moment they began to actively prohibit it.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: RoommateAgreement on June 24, 2017, 02:13:21 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.

these ethereum guys always do this! you only have to have a G or I in your companies name for them to start saying Google, IBM is investing in bitcoin, ethereum. see his last comment in this topic how he advertised investment in ethereum in line with bitcoin.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: pealr12 on June 24, 2017, 02:22:00 AM
Its a fake news,i cant even find on google about that article.  And seems some members already believing about this hoax.
We should be more aware about this fake news that is rising everyday..


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: BitFinnese on June 24, 2017, 02:34:37 AM
Its a fake news,i cant even find on google about that article.  And seems some members already believing about this hoax.
We should be more aware about this fake news that is rising everyday..

It is an exaggerated news.  Some one that is related to google investing on the blockchain independently  makes OP thought that the whole google invested on it.  It was just an arm that decide independently that invested on it.  Though it still can bring impact to bitcoin interests since people or company that is related to google thinks that investing to Bitcoin is one good thing.  I just wish that OP should made the fact straight because it made people to think that it is only a clickbait.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: krankNL on June 24, 2017, 02:37:42 AM
Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

This is true for the current situation. We need to diversify our capital into different categories before the train take off. 2k usd for bitcoin looks expensive now, but in the future, it could be a dream price.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: krishnapramod on June 24, 2017, 02:53:18 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.

Quote
Blockchain, a bitcoin wallet start-up, has raised $40 million led by venture capital firm Lakestar, Google's investment arm GV, and billionaire Richard Branson, the company said on Thursday.

Exactly. Even in the link itself it is mentioned Blockchain raised $40 million. Google's investment wing GV has invested in Blockchain not bought it. Blockchain would use the funds to expand it's team, invest in research and development, and open offices in different countries. Hope they would use some part of this fund to fix the bugs  and make the wallet more user friendly.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Mike Mayor on June 24, 2017, 02:53:30 AM
Lol. You can't own the blockchain. That's the entire point of Bitcoin so noone controls it and it is decentralized. You talking about Google centralizing the blockchain. You can see this is nonsense news I even knew it would be just reading the title. What is the point of creating this thread ? FUD ? Market control ?

Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

This is true for the current situation. We need to diversify our capital into different categories before the train take off. 2k usd for bitcoin looks expensive now, but in the future, it could be a dream price.

It's always a good time to buy bitcoins !!  ;D


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: jaberwock on June 24, 2017, 02:57:42 AM
This only further proves that bitcoin is here to stay and big players are taking it increasingly serious. Good for them, but im not interested in online wallets. Looks like Blockchain.info motto is "be your own bank". But you can't be your own bank if you are giving them your private keys... they are being the bank.

Download Bitcoin Core and run a full validating node, that is how you are your own bank. Everything else is an imitation of that.

Blockchain.info is not only an online wallet, it is the block explorer that most people use and they run a full node of their own.

Now Google owns a full node, even if indirectly


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: mk4 on June 24, 2017, 03:06:31 AM
Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

THIS! I literally just woke up and opened bitcointalk.org and found this post, and I literally thought I was dreaming! This comes to show bitcoin is not dying, or is not dead. Thought the title is wrong, as Google DID NOT buy blockchain.info (it's only Google's investment guy, Richard Branson), this still should be great news for us. I'm pretty sure if a billionaire invests in a technology it surely means he believes and thinks this technology has a future.

Grab your crypto people. While they're still cheap.




Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: magneto on June 24, 2017, 03:18:10 AM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html
\

I think that funding for businesses that support bitcoin is very important, far more important than the bitcoin price alone. After all, the prcie of bitcoin is only a reflection of people's short term investment strategies, not how successful bitcoin is.

So thanks google for funding blockchain.info, although there is obviously a lot of profit that will be generated in return for google.

This is a growing trend imo, a lot more companies right now are considering to get their hands in at least a few blockchain based companies/bitcoin related businesses, as a result of the recent legalization and price hike. It'll make the bitcoin ecosystem a better place to do transactions in as google obviously has a lot of experience with managing a big business with lots of privacy issues, and companies can benefit from that.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: andrei56 on June 24, 2017, 03:23:06 AM
Lol. You can't own the blockchain. That's the entire point of Bitcoin so noone controls it and it is decentralized. You talking about Google centralizing the blockchain. You can see this is nonsense news I even knew it would be just reading the title. What is the point of creating this thread ? FUD ? Market control ?

Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

This is true for the current situation. We need to diversify our capital into different categories before the train take off. 2k usd for bitcoin looks expensive now, but in the future, it could be a dream price.

It's always a good time to buy bitcoins !!  ;D
First of all the thread title is mistaken Google has not bought blockchain.info, an investment was made on blockchain,info by some investors that are related to Google, second you must have read the news wrong since we are not talking about the blockchain but about blockchain.info.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Jherek on June 24, 2017, 04:01:53 AM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

Wow, 40 million for a simple wallet site. I never knew that this could happen, lol.

I think the main reason why google was able to raise so much funding for this website that basically relies on sponsorships and ad revenue is because of its SEO value. When people search up blockchain technology this is likely to be one of the top sites that come up. When people search for online bitcoin wallet, this is going to be the #1 result. It's really endless opportunities, as long as they can monetize it.

http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html
\

I think that funding for businesses that support bitcoin is very important, far more important than the bitcoin price alone. After all, the prcie of bitcoin is only a reflection of people's short term investment strategies, not how successful bitcoin is.

So thanks google for funding blockchain.info, although there is obviously a lot of profit that will be generated in return for google.

This is a growing trend imo, a lot more companies right now are considering to get their hands in at least a few blockchain based companies/bitcoin related businesses, as a result of the recent legalization and price hike. It'll make the bitcoin ecosystem a better place to do transactions in as google obviously has a lot of experience with managing a big business with lots of privacy issues, and companies can benefit from that.

I agree with you here, i think that google's experience will positively benefit blockchain.info's company, and since it's such a widely used wallet, bitcoin will be benefited as well in general.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: xfaqs01 on June 24, 2017, 04:32:05 AM
I dont believed this, why would mighty google interest blockchain,info when they almost halfway in quantum computing
Project, its more advance in blockchain technology?


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: lottery248 on June 24, 2017, 04:42:33 AM
but in the website you are sourcing, did not have any point(s) to prove Google is acquiring blockchain.info . plus since blockchain claimed that those bitcoin wallets are encrypted from revealing, the site, unless all the identifiers with bitcoin in revealed and taken out, i don't assume Google will acquire that.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Dudeperfect on June 24, 2017, 04:49:46 AM
I am not sure if this news true or not but in India, the investors are very optimistic about the future of the blockchain technology and a company named, Tata (Owner of Jaguar) is working on 100+ pilot projects based on the blockchain.

More Than 100 Blockchain Pilots Underway at Tata IT Consultancy (http://www.coindesk.com/blockchain-pilots-tata-it-consultancy-india/).

Well, Google won't reveal even if they are secretly working on the blockchain untile they build a strong research and project infrastructure.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: slackcryptoz on June 24, 2017, 05:05:34 AM
Every corporate is much aware of the future and has started working on it. In the future the blockchain technology is gonna rule the entire network. The base is the current news, and as mentioned by one of the user several projects might be under development but has been kept secretly.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: xIIImaL on June 24, 2017, 05:12:20 AM
Every corporate is much aware of the future and has started working on it. In the future the blockchain technology is gonna rule the entire network. The base is the current news, and as mentioned by one of the user several projects might be under development but has been kept secretly.

News seems with the information Google and Richard branson invested on blockchain based wallet and blockchain corresponding business. Peter smith does not give the whole share and business to them. Please guys, don't like corporates rule out on bitcoin and its technology.
That will be bad for future. Already ETH rise seems big headache for bitcoin now.
I wish bitcoin will be always on top among any crypto currency.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Juggy777 on June 24, 2017, 05:14:35 AM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

Considering it was posted by a legendary member, I am bit surprised to see that op choose not to read the link, it clearly says Google investment arm and not Google, for a matter of fact this are two different entities and putting the title as Google only helped them sold the article, op should have read it in full. Though it's good Bitcoin us getting recognition, I hope it shows some positive results and Bitcoin price shoots up.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: ecnalubma on June 24, 2017, 06:51:54 AM
blockchain will never be sold to company i guess. If I am the blockchain why would I sell it if profit double or triple or quadruple every year. Good thing is blockchain had a lot functions and not just bitcoin.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: cafucafucafu on June 24, 2017, 06:56:06 AM
I really don't think that this is a particularly groundbreaking news, companies all want to gain their ground in the cryptocurrency scene and it is understandable that they want to do so - after all all of us here seem to think that bitcoin is the future.

I just didn't expect that it would be google, which is the #1 site on Alexa by far.
blockchain will never be sold to company i guess. If I am the blockchain why would I sell it if profit double or triple or quadruple every year. Good thing is blockchain had a lot functions and not just bitcoin.

I think you are confusing the blockchain and blockchain.info which is the company in question here.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Anegg on June 24, 2017, 06:59:40 AM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

This is solid proof that cryptocurrency is going huge and mainstream. Google believes and everyone else should. Everyone is very optimistice about cryptocurrency especially since one of the top companies in the world bought it, this is a sign for the future.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: haroldtee on June 24, 2017, 07:02:29 AM
It is a good one for blockchain.info as well as cryptoworld as it is obvious it is generating huge influence even in high places. Nevertheless, from the article, raising $40m from Google is different from selling the company to google as stated by the OP and no where in the article was it stated that it was bought but whichever way I know Google will apparently hold a share of the company (whether the largest or not, don't know) but still a good news for the company's expansion as stated.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: YuginKadoya on June 24, 2017, 07:26:33 AM
I really don't think that this is a particularly groundbreaking news, companies all want to gain their ground in the cryptocurrency scene and it is understandable that they want to do so - after all all of us here seem to think that bitcoin is the future.

I just didn't expect that it would be google, which is the #1 site on Alexa by far.
blockchain will never be sold to company i guess. If I am the blockchain why would I sell it if profit double or triple or quadruple every year. Good thing is blockchain had a lot functions and not just bitcoin.

I think you are confusing the blockchain and blockchain.info which is the company in question here.


Yup I agree that is is not a ground breaking news and it will not make bitcoin price skyrocket so much, but seeing something like this just prove how the eyes of many investors see what bitcoin is right now and I think this is a start in google to invest in a Blockchain wallet, maybe we can see is the future we can now buy games or applications by the use of bitcoin in the Playstore, or games can now settle a transaction over bitcoin if you are buying in game purchase we can really see how people minds switch when there is a big investor seeing bitcoin as one of their capital gains and I think that is a step ahead in opening doors in reaching the public that are clueless with bitcoin.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: MadGamer on June 24, 2017, 07:28:27 AM
I still don't see how these investors will have profit? Blockchain.info only offers free services, and apart from placing some ads, I don't see how they will be generating any income, hopefully the the money will help them to make their wallet and API better because It's only getting worst over the years.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Amph on June 24, 2017, 07:52:25 AM
clearly the title is misleading, beacuse the blockchain in't a brand or anything, it's not something you can buy

they just invested in the project which is different and the investment look very poor, 40M isn't that much, i'm stillw aiting for serious investment from rich people in the range of billions at least


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: ViceOfBTC21 on June 24, 2017, 09:45:02 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.

Quote
Blockchain, a bitcoin wallet start-up, has raised $40 million led by venture capital firm Lakestar, Google's investment arm GV, and billionaire Richard Branson, the company said on Thursday.

Exactly. Even in the link itself it is mentioned Blockchain raised $40 million. Google's investment wing GV has invested in Blockchain not bought it. Blockchain would use the funds to expand it's team, invest in research and development, and open offices in different countries. Hope they would use some part of this fund to fix the bugs  and make the wallet more user friendly.
For example their old wallet should just have good redesign of UI to look more modern and/or switching to HD. Old wallet look was better than new ugly one.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Lancusters on June 24, 2017, 10:27:11 AM
I think that it's not fake. Advertising on Google is a huge market. If Google will advertise goods on the blockchain and develop the online shop which will trade for bitcoins then it can bring huge profit. What surprises me is the size of the investment. It's just small change for Google.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: TravelMug on June 24, 2017, 10:39:22 AM
Whether its fake news or not, If some big players like Google is taking notice of blockchain.info then it will bring positive news to bitcoin. However, we should all be cautious because if this became a reality, then Google will control it and we don't want a big company like Google controlling blockchain.info. And the amount raised is just to small IMHO.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: khufuking on June 24, 2017, 10:40:16 AM
The title is wrong it is just an investment not a buy . What is really amazing is a lot of people replying did not even bother to

 check the link to the news or others posted and just blindly trust the title .  ::)


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: unamis76 on June 24, 2017, 11:02:20 AM
I see someone is an expert in clickbait titles ;D

I really don't know how to they have this many signups and revenue. They show ads? People are still being redirected to these online wallets, which is sad. I'd throw them my money if they developed something with more features and that lets you control your own keys. Also funny thing, this is the first time I've heard Richard Branson being late in investing in something... :D


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: NaXxow on June 24, 2017, 11:17:28 AM
I see someone is an expert in clickbait titles ;D

I really don't know how to they have this many signups and revenue. They show ads? People are still being redirected to these online wallets, which is sad. I'd throw them my money if they developed something with more features and that lets you control your own keys. Also funny thing, this is the first time I've heard Richard Branson being late in investing in something... :D

You are definitely right. Many fake news are arising and those important news have been sometimes completely neglected because of this fake / clickbait post.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Love! on June 24, 2017, 11:20:20 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.

If you are the investment arm of Google, which GV is, you are not independent of Google. That's not how it works on that level. That's like saying that the Attorney General of the United States is independent of the President. Google and companies of that size would like it to appear that way for the purpose of assigning blame to someone else should something go wrong, but trust me, Google approved what GV did before GV did it.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Windpower on June 24, 2017, 11:28:15 AM
Read the article correctly and you will see that the title is extremely misleading. Google has no bought blockchain.info, an investment firm that is related to google is the one who paid that sum of money. I was pretty excited when I saw this topic but I am pretty dissapointed at the moment. I don't know whether OP is trying to clickbait us or he truely didn't understand what the article was saying. Either way, google is not buying blockchain.info.

It would be really good if they did though. The Bitcoin price would instantly skyrocket.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: kpcian on June 24, 2017, 11:41:44 AM
That type of news doesn't bring any positive result regarding to flourish bitcoin everywhere, that fake news also bring negative trust across the potential users of bitcoin. Bitcoin is becoming a popular and trusted currency day by day so it doesn't need any fake information in order to promote it... Bitcoin is Bitcoin..


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: darkangel11 on June 24, 2017, 11:45:06 AM
Putting aside the fact that we have a wrong title and they did not buy anything, I think it's still great news.
They have invested in it, which means they see its potential, and Google is quite picky with their investments. Before they put their money out there are weeks if not months of market analysis and groups of people are working on it and submitting reports to the board, that finally decides what to do. Blockchain is going to grow like crazy.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Wind_FURY on June 24, 2017, 01:11:38 PM
Not bad. Getting $40 million for a Bitcoin site offering a free service with almost no chance of profitability is surely a good way to keep the party going. Richard Branson and Google will not get back that "investment" back anymore.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: sportis on June 24, 2017, 01:22:53 PM
Even though it's clearly a misleading title any investment in crypto currencies companies is the best way the most mistrust people start using it as payment medium.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: omonuyak on June 24, 2017, 01:43:01 PM
Nice to hear this and another proved that bitcoin has come to stay. Big boy are seriously bought into bitcoin and crytocurrency in general. This will create growth in the near by future. I see bitcoin became adopted all over the world and the early you buy and hold the better.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Slark on June 24, 2017, 01:50:25 PM
Not bad. Getting $40 million for a Bitcoin site offering a free service with almost no chance of profitability is surely a good way to keep the party going. Richard Branson and Google will not get back that "investment" back anymore.
It means that Google and Branson are interested in bitcoin, and BTC is really the next big thing.
News like this brings more credibility to BTC and bolster bitcoin position among non-bitcoin users.

I hope with this additional $40 million Blockchain.info will evolve and fix all their issues. $40 million is really nifty amount to spend on research development.
Recently Blockchain fall from grace as the most reliable web wallet and hopefully, they would regain spot among top wallets on https://bitcoin.org/en/choose-your-wallet (https://bitcoin.org/en/choose-your-wallet)


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: franky1 on June 24, 2017, 02:10:41 PM
what i really find funny is companies that have been around for 6 years still being referred to as "start-ups"


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Victorycoin on June 24, 2017, 03:11:35 PM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

Considering it was posted by a legendary member, I am bit surprised to see that op choose not to read the link, it clearly says Google investment arm and not Google, for a matter of fact this are two different entities and putting the title as Google only helped them sold the article, op should have read it in full. Though it's good Bitcoin us getting recognition, I hope it shows some positive results and Bitcoin price shoots up.
It indeed worries the mind when supposed seasoned members of this forum drives us right into a ditch by their poor understanding or interpretation of goings-on in industry! In this case, blockchain.info was never up for sale, an investment arm of Google only expressly demonstrated Google's rising interest in Bitcoin and that is exactly what is good news. Many more companies are sure on their way!


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: btctube on June 24, 2017, 03:17:58 PM

Such a news for crypto users. If you have some account in that site then I guess you will be monitored too. Google will now have some information about you.
Google always keep some information form their users and I'm not going to be surprised soon that they will start accepting BTC advertising on their adword program which they don't allow few years ago.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: avikz on June 24, 2017, 04:26:22 PM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

That's really a good news for the crypto users as mainstream users are getting interested about bitcoin and investing money in to it. IT will help the network to slowly move to the mainstream business. However, the legal status of bitcoin is still not clear to many countries. I hope such investment news from mainstream names will help bitcoin to pave its way.



Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: rizkyhiw on June 24, 2017, 08:13:47 PM
The title is wrong it is just an investment not a buy . What is really amazing is a lot of people replying did not even bother to

 check the link to the news or others posted and just blindly trust the title .  ::)
actually bitcoin.com reported 3 days ago , 1 day ahead from what cnbc did ,
look at this https://news.bitcoin.com/bitcoin-wallet-blockchain-info-raises-40-million-from-well-known-investors/ ,
it's more clear rather than cnbc news i guess ,
but the point is bitcoin business increasingly taken into consideration, let's wait for a couple years what happened to cryptomarket hmm.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: HabBear on June 24, 2017, 08:17:56 PM
Google didn't buy Blockchain.info, there was an investment made in Blockchain.info. Two very different things.

And this isn't incredible news either, Silicon Valley companies have been investing in Bitcoin and Blockchain companies since the beginning. Many of the earliest developers are current or ex-Silicon Valley folks.

The investment in Bitcoin originated in Silicon Valley!

From 2015: https://www.fastcompany.com/3046417/when-bitcoin-went-to-silicon-valley (https://www.fastcompany.com/3046417/when-bitcoin-went-to-silicon-valley)


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Em00n01 on June 24, 2017, 11:10:42 PM
Is this true??? I didn't heard anything like this and no news coverage about this. May be it's a fake news.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: chaser15 on June 24, 2017, 11:16:32 PM
The moment I saw the thread title, I came up quickly into Google search but find different. And for comments here, we can say what's this all about. And aside from that, Im surprised because that is considered a big news and expecting lots of related threads will be made at any various sections here in the forum.

For me, it doesn't matter if it's fake or not. If it will happened then just go with the flow.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: rytyr on June 24, 2017, 11:19:25 PM
Not possible.
This would mean the blockchain is centralized which it can never be.
That is not what Satoshi N. had envisioned his creation to become.

Try again please. :-[


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: DoublerHunter on June 24, 2017, 11:21:34 PM
I just tried to search in google if this news is true and there is no article or even news from my the sites that i often get some updates. If blockchain was bought by the company called google then it will become a very big news in the internet and a lot of people are already talking about it but it seems a false news and just a misleading title in here. I think you need to change your title into something real.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: LTU_btc on June 24, 2017, 11:43:54 PM
When I saw title of thread, I thought, is it April 1st joke in the end of June? But it's only clickbait at it's finest. And signature spammers already started their work after reading heading and not whole article :D
But that Google invested into Blockchain.info is also serious news. Looks that Google believe in bitcoin and that Google invested into one of the major bitcoin related company prooves it. Well, $40 million is nothing for Google, but at least their attitude to bitcoin isn't negative.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Phyton76 on June 24, 2017, 11:48:27 PM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.
Yeah i guess too this is not true there are many reasons and i don this that blockchain will sell it because they know and they already getting a great amount of money and already increasing this money and the technology is already a great thing in the future.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: digaran on June 25, 2017, 12:06:45 AM
This only further proves that bitcoin is here to stay and big players are taking it increasingly serious. Good for them, but im not interested in online wallets. Looks like Blockchain.info motto is "be your own bank". But you can't be your own bank if you are giving them your private keys... they are being the bank.

Download Bitcoin Core and run a full validating node, that is how you are your own bank. Everything else is an imitation of that.
Lol why are you now fishing from unclear waters? do I really need to download 120GB of data which is increasing every day in order to fully validate the whole blockchain? why would I do that when never all the miners would scam me by working against me, only if I hold millions of Bitcoins I'd need a full node even then I could spread them among several addresses and never transact very large amounts to fear for losing it since I'm not running a full node, yet again if I do run a full node then miners could refuse to include my TX, running a full node has no advantage for non miners

Why would google want blockchain.info maybe for the daily clicks and visits? or maybe they are going to keep providing yet another free application.
Google couldn't gain anything from a decentralized currency unless they were holding a large percentage of the coins.
Stop spreading false information you ETH whores. lol


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Coffee_Lord on June 25, 2017, 12:19:02 AM
http://www.c[Suspicious link removed]m/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html
A quick look into the link and even reading the article suggest otherwise that  blockchain.info is being bought by Google what happen is just raising capital from individuals and companies that believes in the project and as a worthy if note, its normal for companies to raise capital in other to meet current challenge and blockchain.info doing so is not out of the ordinary and also a testament to the durability of bitcoin like someone have rightlg stated.

Geez, OK, I get your point but please use more punctuation. That was 3 lines of trying to understand your message.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: cjmoles on June 25, 2017, 12:54:22 AM
I just tried to search in google if this news is true and there is no article or even news from my the sites that i often get some updates. If blockchain was bought by the company called google then it will become a very big news in the internet and a lot of people are already talking about it but it seems a false news and just a misleading title in here. I think you need to change your title into something real.

Read the article....there were just a few people who invested in blockchain.info.  No ownership has been transferred and no supervisory boards have been impacted....there was no hostile takeover, leadership replacements, or policy changes....The investments actually have no significance other than showing public support for the technology.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: juliwanzer on June 25, 2017, 01:06:44 AM
When I saw title of thread, I thought, is it April 1st joke in the end of June? But it's only clickbait at it's finest. And signature spammers already started their work after reading heading and not whole article :D
But that Google invested into Blockchain.info is also serious news. Looks that Google believe in bitcoin and that Google invested into one of the major bitcoin related company prooves it. Well, $40 million is nothing for Google, but at least their attitude to bitcoin isn't negative.

OMG it's just clickbait
but you're right if the google invested in blockchain it will be serious and huge news
it will make more people attract to bitcoin world


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Yakamoto on June 25, 2017, 01:18:18 AM
I just tried to search in google if this news is true and there is no article or even news from my the sites that i often get some updates. If blockchain was bought by the company called google then it will become a very big news in the internet and a lot of people are already talking about it but it seems a false news and just a misleading title in here. I think you need to change your title into something real.
It can always be a purchase by proxy you know, you never really have to "buy" anything if you're a big enough company yet still want to get in on the business. If you just happen to invest enough in the RND team of a company, suddenly they're giving information to you as well, weird how that just seems to work.

It's close enough to a "purchase" without actually being one. $40M is not a small number, but it may be inflated based on the current market for information services.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Tipsters on June 25, 2017, 03:30:43 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.
Yeah i guess too this is not true there are many reasons and i don this that blockchain will sell it because they know and they already getting a great amount of money and already increasing this money and the technology is already a great thing in the future.

Although google didnt buy blockchain.info it is still a great nees that they invested on it. It will bring btc to another new heights by becoming more popular, maybe this time there will be another investors will invest to btc


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: A.H.Rassel on June 25, 2017, 08:47:16 AM
This is truly an uplifting news for bitcoin clients and we will see a huge cost increment these coming months. what's more, i think today is a decent time to purchase bitcoins before its late google will attempting to spread and advancing bitcoin everywhere throughout the web since google is a major organization it can be help a considerable measure to get more impression and to get more trust from individuals


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: digaran on June 25, 2017, 09:03:34 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.
Yeah i guess too this is not true there are many reasons and i don this that blockchain will sell it because they know and they already getting a great amount of money and already increasing this money and the technology is already a great thing in the future.

Although google didn't buy blockchain.info it is still a great news that they invested on it. It will bring btc to another new heights by becoming more popular, maybe this time there will be another investors will invest to btc
Why is this a great news? were you all waiting for big names such as google to step in and popularize Bitcoin? if you want to hear these sorts of news to form a smile on your face telling yourself, yay we're going to moon. Bitcoin should be perceived as exactly what it is and what it can do, waiting for google to adopt it just to make the price rise would be a fake value.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Astvile on June 25, 2017, 09:06:53 AM
Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.
Yeah totally cryptocurrencies are overtaking the market now and some countries in the world now,maybe its a good time to hoard some big altcoins for future storing and for profits,they are pretty cheap right now


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: eaLiTy on June 25, 2017, 09:12:08 AM
This is truly an uplifting news for bitcoin clients and we will see a huge cost increment these coming months. what's more, i think today is a decent time to purchase bitcoins before its late google will attempting to spread and advancing bitcoin everywhere throughout the web since google is a major organization it can be help a considerable measure to get more impression and to get more trust from individuals
It is really a misleading thread title,blockchain just invited investment from venture capitalist and this is not the first time they are doing that and this time around they raised over $40 million,that does not mean that google has anything to do with blockchain.info, :P the capital raised will be used mainly for research and development and they will expand to other countries,basically they are looking for expansion.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Aleister Crowley on June 25, 2017, 09:28:17 AM
This is truly an uplifting news for bitcoin clients and we will see a huge cost increment these coming months. what's more, i think today is a decent time to purchase bitcoins before its late google will attempting to spread and advancing bitcoin everywhere throughout the web since google is a major organization it can be help a considerable measure to get more impression and to get more trust from individuals
It is really a misleading thread title,blockchain just invited investment from venture capitalist and this is not the first time they are doing that and this time around they raised over $40 million,that does not mean that google has anything to do with blockchain.info, :P the capital raised will be used mainly for research and development and they will expand to other countries,basically they are looking for expansion.


Some people who are in this forum just joke and make a title that does not make sense ,.
They are just looking for a thrill so that their thread has many readers.
Because it is very unreasonable to say that google Bought Blockchain.info.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: LeGaulois on June 25, 2017, 10:28:39 AM
This is truly an uplifting news for bitcoin clients and we will see a huge cost increment these coming months. what's more, i think today is a decent time to purchase bitcoins before its late google will attempting to spread and advancing bitcoin everywhere throughout the web since google is a major organization it can be help a considerable measure to get more impression and to get more trust from individuals
It is really a misleading thread title,blockchain just invited investment from venture capitalist and this is not the first time they are doing that and this time around they raised over $40 million,that does not mean that google has anything to do with blockchain.info, :P the capital raised will be used mainly for research and development and they will expand to other countries,basically they are looking for expansion.


Some people who are in this forum just joke and make a title that does not make sense ,.
They are just looking for a thrill so that their thread has many readers.
Because it is very unreasonable to say that google Bought Blockchain.info.

Agree with you about this. It's very boring to read such topics. Not to say the ones that have been posted multiple times already with near the same title or spun to make it like it's new. And then we read the same posts again and again without something new. For exemple topics like
"is bitcoin used by terorrists" "is bitcoin used by ISIS" "is bitcoin used for criminal activity


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: jekjekman on June 25, 2017, 10:54:55 AM
Only $40 million for blockchain wallet and the buyer is google?

I think it is too small for a great and growing online wallet, Blockchain is earning way more above that $40 million a year. Why do google need to buy it though if they can make a new and self made online wallet.

Another fake news that the only intent is to boost the confidence of others, or maybe the OP just so hyped up that he post this here.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Hutalar on June 25, 2017, 09:08:52 PM
Lol. You can't own the blockchain. That's the entire point of Bitcoin so noone controls it and it is decentralized. You talking about Google centralizing the blockchain. You can see this is nonsense news I even knew it would be just reading the title. What is the point of creating this thread ? FUD ? Market control ?

Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

This is true for the current situation. We need to diversify our capital into different categories before the train take off. 2k usd for bitcoin looks expensive now, but in the future, it could be a dream price.

It's always a good time to buy bitcoins !!  ;D
First of all th thread title is mistaken Google has not bought blockchain.info, an investment was made on blockchain,info by some investors that are related to Google, second you must have read the news wrong since we are not talking about the blockchain but about blockchain.info.
Both are big sites.They could be margin or acquisition but cannot buy each other.Now a days the price of blockchain is rised. If Google is willing for to buy Blockchin.info they will pay higher and google is not ready to take a risk.So it's false news.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Tyrantt on June 25, 2017, 11:51:47 PM
Didn't even read the whole article but was sceptical when  I saw that it was "bought" for $40mil. But even so, not the news top be completely ignored.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: szpalata on June 26, 2017, 04:03:37 AM
Didn't even read the whole article but was sceptical when  I saw that it was "bought" for $40mil. But even so, not the news top be completely ignored.

Exactly, I just read it too and got skeptical at first but I think it could be true because everyone is diversifying his investments and I'm not totally skeptical at the moment because it could be a strategic investment by google to get into cryptocurrencies.t


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: w0lverine on June 26, 2017, 04:13:24 AM
It has not been bought it seems, just an investment. But i do wonder what did google get in return.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Doms on June 26, 2017, 04:24:12 AM
This has been in the news about a week ago but it is far from another acquisition for Google. It is more like the investment arm of Google (and Richard Branson) helping blockchain.info with the infusion of additional capital to help them expand and offer better services on a larger scale. This is even bigger than the capital infusion that happened back in 2014. And it's all goos news, especially for those who have been using blockchain.info.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: freedomno1 on June 26, 2017, 05:31:11 AM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

Oh I didn't know that just read that right now. This is interesting it proves that cryptocurrencies are here and recognized by big companies.
Well hopefully the 40 million in Venture Capital will go further to develop the tech with new team members R@D and offices to promote and develop Bitcoin technology. But 1000% Year over Year growth nice metric.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: bitcoinbox on June 26, 2017, 05:40:12 AM
Even if this news seem to be a fake, I'm not too sure it it would be a good news if Google was investing in Blockchain.info. Personnaly I rather prefere these big oger stay away from crypto world. Centralization VS decentralization .. I choose the second one!


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Prodigan786 on June 26, 2017, 07:24:35 AM
Op please change topic name google funded like venture capitalists it's not completely bought . But it's really awesome news for crypto enthusiasts it's showing crypto currency potentiality.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Netnox on June 26, 2017, 08:04:51 AM
http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html
A quick look into the link and even reading the article suggest otherwise that  blockchain.info is being bought by Google what happen is just raising capital from individuals and companies that believes in the project and as a worthy if note, its normal for companies to raise capital in other to meet current challenge and blockchain.info doing so is not out of the ordinary and also a testament to the durability of bitcoin like someone have rightlg stated.

This sort of over-hyping makes me sick. Although I will not brand this thread as fake news, it gets quite close. And it is not even clear how much stake Google Ventures brought in Blockchain.info. My guess is that it may be definitely less than 5% (more like 1% or 2%). But this stake will be quite handy, when Blockchain.info lists itself in NASDAQ in 2020 or 2021 (a wild guess).


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: dihari on June 26, 2017, 08:27:09 AM
It's not about how much is the money Developer get, it's about the future of bitcoin ecosystem. This news is the greatest one that I ever heard. Because it's mean bitcoin getting mainstream and more popular when a giant like google interested on crypto technology to invest.
Buy now as much as you can, the time will come.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: iamTom123 on June 26, 2017, 08:30:45 AM
This should have been posted in the Press section. Anyway, just to make this post straight to the fact. Google did not bought Blockchain.info but it is Google Ventures that is investing in it. The difference should have been cleared by now. Buying a company or a business is different from investing on it.

Nevertheless, the point here is that big venture capitalists are now convinced that cryptocurrency companies (or those providing services related to the crypto market) are now worth of their money. Since the gate is now open, I am sure that there would be more money coming in to many start-up fintech and crypto companies.

These moneyed people would not easily invest on anything without proper and due diligence and without the vision that they can really make the money they are looking for. In the coming months, expect to read more and more news along this line.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Gens09 on June 26, 2017, 08:45:05 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.
Yeah i guess too this new was a fake because we know that google in not interested in bitcoin maybe slightly but google was already a successful and bitcoin cannot be buy by anyone i guess bitcoin will not sell blockchain i guess because of the success.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: andrei56 on June 28, 2017, 04:43:49 AM
I really don't think that this is a particularly groundbreaking news, companies all want to gain their ground in the cryptocurrency scene and it is understandable that they want to do so - after all all of us here seem to think that bitcoin is the future.

I just didn't expect that it would be google, which is the #1 site on Alexa by far.
blockchain will never be sold to company i guess. If I am the blockchain why would I sell it if profit double or triple or quadruple every year. Good thing is blockchain had a lot functions and not just bitcoin.

I think you are confusing the blockchain and blockchain.info which is the company in question here.

I think in a way it is, if big companies start to invest in bitcoin and other related crypto then that means the chances for bitcoin to attract big investments it is going to go up and with that the price will skyrocket which will be good news for all of us.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: Kakmakr on June 28, 2017, 06:11:15 AM
This thread is an example of pure "Click bait" nonsense that are being spread to create confusion. CNBC is not a big fan of Bitcoin and possibly a shill site for the Fiat system. Most of the articles I have seen, that were posted on their site, was negative towards Bitcoin. Blockchain.info just used a company linked to Google to get some funding to expand their operation and this company operates independently from Google. ^grrrrrrrr^


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: tiggytomb on June 28, 2017, 07:28:28 AM
Definitely change the subject title, still good news for Blockchain.info to have raised the invested which includes an investment arm of Google and also Richard Branson, I am more impressed by the fact that Richard Branson is included to be honest.


Title: Re: [BREAKING NEWS] Google Bought Blockchain.info
Post by: joseafonso123az on June 28, 2017, 10:16:24 AM
From this news, we all can rest assured that bitcoin is here, and to stay for a long time ! Of course big companies will start to see bitcoin as an asset and invest in it, or start new services with bitcoin onboard, and that will give bitcoin a rise  to it's value, and from that also more people will start using them, making bitcoin a very high demanding asset