It is difficult to answer that question, as it seems some people are desperately trying to liquidate their Bitcoin holdings right now. Selling below the global market average is not that unusual, but with a margin of nearly US$200, something seems to be amiss. Interestingly enough, all of these trades are taking place on the Surbitcoin platform.
Some people assumed these trades were executed due to a bug with the Surbitcoin trading engine. However, that does not seem to be the case, as the platform is working as intended. One thing that could be causing this selling spree is the correlation between the US Dollar and Venezuelan Bolivar.

http://themerkle.com/surbitcoin-sells-bitcoin-at-26-below-global-market-average/

Many people often wonder what the benefit of Bitcoin is, and how they can spend it on goods and services they need. While not everyone in the world is looking to buy a Tesla car, one couple in Prague decided to do so with Bitcoin. Auto-Outlet, as the company behind this service is called, started accepting Bitcoin payments for their Luxury Collection outlet a little while ago.
Among one of the first Bitcoin orders they processed was a Tesla Model S P90D. The vehicle has been purchased by a couple in Prague, for nearly 200,000 Euro. Interestingly enough, they decided to pay the entire amount in Bitcoin. This is one of the benefits cryptocurrency brings to the table: it is easy to move large sums of money within minutes.
It is rather interesting to see companies such as Auto-Outlet accept Bitcoin payments. While there are many benefits to doing so, luxury goods is not necessarily a market people would associate with Bitcoin. Then again, the sale of this Tesla Model S goes to show there is a market waiting to be tapped.

http://themerkle.com/auto-outlet-sells-its-second-tesla-car-for-bitcoin/

The first ever Kaiko report explores happenings in the Bitcoin space between December 2015 - May 2016.
The report that was released in June aims to analyse Bitcoin markets and their evolution. What is clear from the findings of Kaiko is that Bitcoin trading is maturing over time. We have seen in the past months that exchanges have been able to raise interest and capital. Exchanges have also started becoming more regulated.
Exchanges comparison
As Bitcoin trading becomes more mature, it is becoming increasingly important to know how Bitcoin exchanges are faring.
The report states:
“This exchange ranking takes both traded volume and available liquidity into account. “Traded volume” is the amount of Bitcoins actually traded on the exchange whereas “available liquidity” represents the amount of Bitcoins one can theoretically trade without impacting the Bitcoin price more than 1%. It is measured as market depth at ±1% of the mid price.”

http://cointelegraph.com/news/kaiko-report-ranks-bitcoin-exchanges-bitfinex-leads-by-volume-and-liquidity

If you like see-saws, you might like investing in Bitcoin as well. Bitcoin investing does need the courage of your convictions but the rewards can be unparalleled.
A glance at Bitcoin rates starting in 2010 will tell us that the currency has been through many ups and downs. While the peak was reached between 2013 and 2014, by 2015 Bitcoin had fallen again to US $200 levels and has been steadily inching its way towards $1000 levels again.
However, even in the short term Bitcoin has been volatile, while on May 24, 2016 Bitcoin prices reached US $775, by June 23, 2016 they had again fallen to US$ 560. At the time of writing of this article one Bitcoin was worth US$ 673 and most of the recent rise in Bitcoin price was due to the uncertainties caused by ‘Brexit’ or Britain's withdrawal from the European Union.

http://cointelegraph.com/news/why-bitcoin-beats-every-other-investment-in-returns

Bitcoiners enjoy celebrating their so-called Bitcoin community. But, in the years since Bitcoin increased in price from $60 to $1,300, a lot has changed. Although still called the Bitcoin community by many today, the current state of Bitcoin resembles more closely an industry.
Often times Bitcoiners will make a joke that most Venture Capital money is going to self-proclaimed Bitcoin lawyer Marco Santori, who charges approximately $1,000 an hour for his services.That is symbolic of that fact that, indeed, the lawyers have moved into the experimental Bitcoin technology recognizing that innovation leads regulation. Thus, much of the paperwork and efforting in this  sector of fintech is much like any other technology or finance space – not a community.

https://www.cryptocoinsnews.com/bitcoin-community-industry/

Bitcoins used to buy images of child sex abuse could soon be tracked and blocked as two companies share data on how the virtual currency is spent.
The Internet Watch Foundation (IWF), which tracks abuse sites, is passing data to start-up Elliptic, which helps Bitcoin exchanges monitor transactions.
The data comes from transactions carried out on sites the IWF monitors
The IWF said the "pseudo-anonymity" offered by bitcoins made them an increasingly popular form of payment.

http://www.bbc.com/news/technology-36734658

Bitcoin and regulation are two topics that will hardly ever go hand-in-hand these days. North Carolina Governor Pat McCrory has been signing a lot of legislative proposals as of late. Among these guidelines is a new set of Bitcoin legislation, allowing banks to “better regulate” the cryptocurrency in the state.
So far, regulatory efforts for the Bitcoin space have not been overwhelmingly positive. BitLicense in New York is the best example of how not o try and regulate Bitcoin. While it is understandable exchanges and wallet providers would need to obtain a specific license, the need for logging user information is not something most companies will adhere to.

http://www.newsbtc.com/2016/07/07/north-carolina-bitcoin-legislation-decent-not-perfect/

Anyone who has been paying attention to what’s going on with Bitcoin at all, over the past year, should be at least somewhat aware of the block size debate. This particular debate is part of the larger issue of figuring out how to scale Bitcoin to many new users over the coming years. Some believe that capacity should be increased as soon as possible, while others have taken a more conservative approach to the situation.
Anyone interested in Bitcoin or blockchain technology in general should pay attention to this debate as it has been one of the first real-world examples of how these sorts of decisions will be made in a decentralized manner.

Read more: http://www.nasdaq.com/article/why-the-bitcoin-block-size-debate-matters-cm645644#ixzz4DjP8sg4X

Jim Harper is a senior fellow at the Cato Institute.
In this opinion piece, Harper reflects on recent elements of the bitcoin scaling debate and what it means for perceptions of the digital currency's viability.
Bitcoin doesn’t care. It continues to develop a monetary, financial, economic, intellectual, and social ecosystem around itself. But a pair of reports in the mainstream media makes Bitcoin look broken. Arguing with the messenger is an option. But the better path is to get on with the hard work of fixing up Bitcoin in perception and reality.
Unfair? Perhaps. A Planet Money podcast finding that Bitcoin wouldn’t relay a simple transaction appears to have been conducted on software that didn’t supply the fee required under current conditions. In light of such reports, new users may hesitate to get involved. Their reluctance may retard Bitcoin’s growth and slow desirable advances in global financial inclusion, financial privacy, autonomy, and monetary and financial stability, as well as Bitcoin’s growth in value on exchanges worldwide.

http://www.coindesk.com/controlling-perception-bitcoin-broken/

Username: Hajeba

Just treat all of the doublers are fake and scam. If they are real, there won't be such thing as work. People will also not find jobs. There will be no beggars on the streets. Man is easy to tell . There is no such thing as getting rich in a few days( unless u won a lottery or something and being extremely lucky) . Just think logically man ! Hope it helps the people out there!

The bitcoin price chart has regained some lost ground, yet the long-term chart shows the next rally has not been signaled, even as $1,750 swirls in the tea leaves.

From the analysis pages of xbt.social, earlier today:
Yesterday was an historic day not only for the UK, with the British people sacrificing the pound (dropping to its lowest level in decades) in defiance of the banksters and the oligarchy, but also a historic day for Bitcoin as SegWit was merged in the Core code repository. SegWit remains in developer testing and will be officially released – for wider testing – in an upcoming release candidate. Major benefits include lower protocol network traffic, less block space consumption, and the elimination of malleability. The outcome is that the Core code will run more efficiently and consume less computing resources (such as CPU and storage), thereby, allowing more users to run their own full validation nodes. The world’s largest super-computer, the best of modern coding plus decentralization and security gains.
There are currently no clear buy or sell signals in the chart and we stick with the longer timeframe 1-day candle chart.

https://www.cryptocoinsnews.com/bitcoin-price-segwit/

IT’S HARD TO think about much beyond Brexit this week—and we’ll get to its sweeping security implications in just a minute—but there was plenty of ado before the UK voted to divorce the EU.
Legal proceedings continue apace for convicted Silk Road mastermind Ross Ulbricht, as prosecutors filed a nearly 200-page argument against an appeal. Meanwhile, if you guessed that the DIY assault rifle community was experiencing an uptick in the wake of Orlando, you were correct. Well done. On the other side of the gun debate, House Democrats staged a sit-in to protest a lengthy Republican blockade against any sort of reform measure votes, and resorted to Periscope to get the word out when the GOP pulled C-SPAN’s plug. In a somewhat lighter move, a Chrome bug makes pirating movies a cinch.
But there was more: Each Saturday we round up the news stories that we didn’t break or cover in depth at WIRED, but which deserve your attention nonetheless. In this case, that means the security implication of Brexit, aka, British Exit, aka, Bripocalypse. As always, click on the headlines to read the full story in each link posted. And stay safe out there.

https://www.wired.com/2016/06/security-news-week-brexit-edition-hey-least-bitcoin-ok/

The June 2016 edition of the IMF's quarterly magazine, Finance & Development, features a very pro-blockchain article called “The internet of Trust,” which explains Bitcoin in great detail, expanding on the benefits of the blockchain impressively.
Reminiscent of The Economist's iconic twin articles from October last year titled “The Trust Machine” and “The great chain of being sure about things,” this new article makes perfectly clear the benefits and disruptive properties of an immutable ledger system.
This time, however, the article is from the IMF itself. Andreas Adriano, the Senior Communications Officer in the IMF’s Communications Department, and Hunter Monroe, a Senior Economist in the IMF’s Monetary and Capital Markets Department, together wrote the four-page comprehensive report.

http://bravenewcoin.com/news/imf-report-calls-bitcoins-blockchain-the-internet-of-trust/

Barron’s report highlights a trio among the “winning” portfolio of 2016 : gold, treasuries and bitcoin.
Ed Yardeni, a highly respected economics and investments researcher, recently observed that the technology behind bitcoin has shown the potential to have a wide-ranging impact on financial markets, Dieterich wrote.
Recent developments in the financial markets have not bolstered confidence in government-sponsored currencies, Yardeni observed. Bitcoin and gold, which attract people who are wary of traditional financial institutions, have rallied.
Bitcoin A New Asset Class
Yardeni noted research papers have cited bitcoin as a new asset class. In addition, financial institutions are exploring ways to use blockchain technology to reduce costs and improve security.
Yardeni’s most dramatic observation about the cryptocurrency is the way it has been used to digitize currency in Africa, allowing people to store it on their cellphones without having to open a bank account.

https://www.cryptocoinsnews.com/investment-weekly-barrons-includes-bitcoin-among-2016s-winning-portfolio/

The bitcoin price holds sideways in pattern suggesting advance. Another rewarding week in the market and it does not look like the advance is giving up. Technical analysis finds price targets and risk levels.
Bitcoin price is evidently preparing to move. Weekend trade could see strong directional price action, and two likely levels are explored in the chart analysis above. Advance should make its first stop at $820 (in USD exchanges) and – if a bout of weekend profit taking grips the market – decline should hit a floor at $680. Trade smart: place your bet on the actual move and not on your anticipation of a move.

http://www.hongkiat.com/blog/win-screen-recording-softwares/

As Bitcoin sees a stratospheric rise over the last few days, increasing by $100 in just a day, users have noted a corresponding increase in transaction confirmation delays.
More than 250,000 bitcoins were waiting to move at one point yesterday, according to tradeblock, currently valued at almost $200 million. Tradeblock’s mempool, which tracks confirmation delays, reached an all-time high (ignoring last summer’s capacity tests) of 45MB. Tens of thousands of transactions and hundreds of thousands of bitcoins continue to be stuck for hours or days.
Bitcoin users took to reddit en-mass to complain and seek information. At one point, the whole front page was covered by the topic with seemingly new Bitcoin users asking for help. Some, however, maintain that the hundreds of millions of dollars’ worth of Bitcoin are all just spam or, in some way, some sort of attack.

http://cointelegraph.com/news/hundreds-of-millions-of-dollars-worth-of-bitcoin-stuck-for-days

Edited.

In a transcript of a cancelled speech released online today, Bank of England Governor Mark Carney cited a "central bank digital currency" as a development that could result from its ongoing distributed ledger proof-of-concepts.
The remarks come as global central banks begin to experiment openly with distributed ledgers, a technology inspired by the decentralized, public ledgers used to run cryptocurrencies. But, whereas bitcoin and other cryptocurrencies perhaps sought to create wholly new financial systems, distributed ledger projects are aimed at reducing settlement times and enhancing security in traditional financial environments, a context that colored Carney's statements.
In his remarks, Carney stressed that such a transition to these new tools was unlikely to happen in the immediate future, calling a central bank-issued digital currency an "extreme" possibility.

http://www.coindesk.com/bank-england-blockchain-digital-currency/

John Lanchester landed on the bestseller lists in 2012 when he published Capital, the story of a London street whose residents receive unsigned postcards marked: “We Want What You Have,” and whose lives are all somehow transformed by the global financial crisis. (The book was also adapted into a miniseries.) Lanchester’s interest in the world of money came late. Though his father was a banker, he only became keenly interested when it came time to write his novel. He realised just how crucial the City was as an engine of London.
Nowadays, besides working on his next novel, Lanchester writes finance-themed essays and books – such as How to Speak Money, published in 2014. He recently published a long and detailed article in the London Review of Books on a very 21st-century subject: bitcoin, the cryptocurrency invented seven years ago by an as yet unidentified individual.

http://moneyweek.com/bitcoin-doesnt-feel-like-money/