Latest posts of: polynesia

Nasdaq to provide trading technology for bitcoin marketplace: Report

http://timesofindia.indiatimes.com/tech/tech-news/Nasdaq-to-provide-trading-technology-for-bitcoin-marketplace-Report/articleshow/46676356.cms

Nasdaq OMX Group agreed to provide a startup the core technology to power a marketplace for trading bitcoins and related digital-currency assets, the Wall Street Journal reported.

New York-based startup Noble Markets will use Nasdaq's X-stream trading system, which is used by more than 30 exchanges and marketplaces worldwide, the Journal reported, citing a joint statement. Nasdaq will also provide marketing support.

A developer in Ahmedabad is selling these flats. It is a huge step.
I would be interested in seeing how it is accounted for, what capital gains it attracts, etc.

http://www.newsbtc.com/2015/03/23/bitcoin-revolution-comes-to-india/

Bitcoin Revolution Comes to India

A conference organized by India’s first Bitcoin app, Zebpay in association with The Indus Entrepreneurs (TiE) on March 19, 2015 in Gujarat, India was attended by over 400 Bitcoin enthusiasts. The audience comprised of eminent business personalities of Ahmedabad, YPOs, Federation of Indian Chambers of Commerce and Industry (FICCI), business friends, top B-school students, and the media.

Bitcoin in India ‘On the Rise’ says Sunny Ray, Unocoin Co-founder

http://cointelegraph.com/news/113755/bitcoin-in-india-on-the-rise-says-sunny-ray-unocoin-co-founder

Bitcoin and the Indian market being a rare combination, especially after early central bank disapproval makes Sunny Ray and Sathvik Vishwanath, the co-founders of Unocoin, amongst the few in the league of Bitcoin entrepreneurs in India.

Isn't it just a trading site?
With low trade volumes/liquidity, I wouldn't be surprised if the spread was huge.

Zebpay eyes $2 million funding for mobile Bitcoin app biz

http://www.business-standard.com/article/companies/zebpay-eyes-2-million-funding-for-mobile-bitcoin-app-biz-115031901231_1.html

After an initial round of funding of Rs 75 lakh, Ahmedabad-based start-up Zebpay is eyeing second round of funding worth $ 2 million (Rs 12.5 crore roughly) for its Bitcoin app business.

Arguably the country's first Bitcoin app, Zebpay aims at becoming the global Paytm powered by bitcoin, according to Sandeep Goenka, serial entrepreneur, Active Angel Investor and Cofounder of Zebpay.

Britain to regulate bitcoin exchanges

http://timesofindia.indiatimes.com/tech/tech-news/Britain-to-regulate-Bitcoin-exchanges/articleshow/46623991.cms

Britain took a significant step towards becoming a global bitcoin hub on Wednesday as the government announced it would regulate digital currencies for the first time by applying anti-money laundering rules to exchanges.

Japanese online retailer Rakuten says will accept bitcoin soon

http://www.business-standard.com/article/news-ani/japanese-online-retailer-rakuten-says-will-accept-bitcoin-soon-115031700769_1.html

Japan's largest online retail firm, Rakuten, has announced that it will soon accept bitcoin across its global marketplaces.
Rakuten is putting its investment in Bitnet, a startup that raised USD 14.5 million last October to work with this development.

HDFC launches mobile app to transfer fund to phonebook contact

http://www.firstpost.com/business/hdfc-launches-mobile-app-to-transfer-fund-to-phonebook-contact-2158869.html

Why don't banks just start integrating Bitcoin? Cool

Quote from: buysellbitcoin on March 17, 2015, 10:45:39 AM

Let me know if we have good number of people attending this. We may announce air drop for the same, so new people can get free bitcoins.

Regards

This initiative, if it happens, might actually result in attendance increasing.

Bitcoin Startup 21 Inc Reportedly Raises $116 Million in Venture Funding

http://gadgets.ndtv.com/internet/news/bitcoin-startup-21-inc-reportedly-raises-116-million-in-venture-funding-669284

Silicon valley startup 21 Inc has raised $116 million (roughly Rs. 728 crores) in venture funding to help broaden the uses of Bitcoin technology, the Wall Street Journal reported.

IBM looking at adopting bitcoin technology for major currencies

http://economictimes.indiatimes.com/news/international/business/ibm-looking-at-adopting-bitcoin-technology-for-major-currencies/articleshow/46547996.cms

International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the "blockchain," to create a digital cash and payment system for major currencies, according to a person familiar with the matter.

Payment received. Thanks!
I would now like to resign from this campaign.

Ireland seem to have started very well today.
What are the odds on them?

Quote from: marcus_of_augustus on March 09, 2015, 08:14:50 PM

USD will be the biggest loser if Bitcoin gains adoption globally.

Many people hold a small stash of USD along with their local currency since it is useful for travel and widely recognizable, just in case it might be needed.

The decline of the dollar, if it happens, will be gradual.
People will have enough opportunities to exit the dollar.

Quote from: EcuaMobi on March 09, 2015, 06:57:41 PM

Quote from: MegaFall on March 09, 2015, 06:48:33 PM

Seems like a great way for them track every single thing you buy.

Well it's not mandatory to use the digital currency so not every single thing. Actually very few people are using it at the moment.

And I guess nobody willing to hide the transaction would use it.

It definitely will take time to catch on.
For a person with a bank account, it would be easier to do a wire transaction with fiat, wouldn't it?
More privacy in it as well.