EY is auctioning off 24,518 bitcoin, worth up to $A16 million, next month, in an Australian first.

EY transactions partner Adam Nikitins says undisclosed vendor has asked the company to sell the bitcoin, confiscated last year under proceeds of crime laws.

EY plans to sell the bitcoin in 12 lots via a 48-hour sealed bid auction between June 20 and 21 and expects to get more than $1 million for each lot.

Bidders will be able to submit bids on 11 lots of 2,000 bitcoin and one lot of approximately 2,518 bitcoin.

http://www.businessinsider.com.au/ey-is-selling-16m-worth-of-bitcoin-at-auction-2016-5

Russian media recently revealed plans to create a national cryptocurrency to be used alongside the ruble. The Federal Financial Monitoring Service's (Rosfinmonitoring), released the plan to TV stations and newspapers across the country.

Deputy Director of Rosfinmonitoring, Pavel Livadny, hopes that the new currency will be more convenient for Russians, and reduce the costs related to financial transactions. At the same time, there are plans to ban all other cryptocurrencies, including bitcoin.

Rosfinmonitoring mentioned that they have already begun talks with major stakeholders in the future cryptocurrency; The Finance Ministry and the Central Bank. In stark contrast to Bitcoin, the plan for the Russian cryptocurrency explicitly says that it will have a central issuer in control over the currency's supply.

http://bravenewcoin.com/news/amidst-bitcoin-boom-russia-plans-its-own-cryptocurrency-banning-all-others/

today i have arround 3btc if my plan runing smoothly i can have arround 10btc in the end of this year, and next year i will full time on bitcoin, full time on online earning, maybe not only from bitcoin , because i have plan to earn from adsens too.

at this momenth we need both of them, because we can't use bitcoin for each transaction, not all people know and use bitcoin.
now im use bitcoin as investment or payment processor if my relation accept it

A group of computer scientists released a paper on Friday describing a number of security vulnerabilities in a novel cryptocurrency crowdfunding project that has raised more than $100 million.

The authors of the paper argue that the money that has been put into the project, known as the Decentralized Autonomous Organization, could be frozen or stolen by attackers as a result of flaws in the way that the venture, known as the D.A.O., was set up. The money is all in a digital currency called Ether, which is a newer alternative to Bitcoin and exists entirely online.

The threats emerged on the eve of the organization’s move from fund-raising to operational mode, in which it will evaluate proposals to fund experimental digital projects

http://www.nytimes.com/2016/05/28/business/dealbook/paper-points-up-flaws-in-venture-fund-based-on-virtual-money.html

paper wallet is best way to store bitcoin in chepest cost and safety place.
im use it too , i generate some paper wallet permonth to holding my bitcoin in some part

best cloud mining is only hashnest .
the pure cloudmining, no ponzi scheme, but i think better you bild your own minng, it's better than you invest at cloud mining.

can you share your experience about full time on bitcoin ? how much your earning/salary per month ?
my plan next year i want to full time on bitcoin, now im build my capital.  

Anyone who has heard of Bitcoin knows that it is built on a mechanism called The Blockchain. Most of us who follow the topic are also aware that Bitcoin and the blockchain were unveiled—together—in a whitepaper by a mysterious developer, under the pseudonym Satoshi Nakamoto.

That was eight years ago. Bitcoin is still the granddaddy of all blockchain-based networks, and most of the others deal with alternate payment coins of one type or another. Since Bitcoin is king, the others are collectively referred to as ‘Altcoins’.

But the blockchain can power so much more than coins and payments. And so—as you might expect—investors are paying lots of attention to blockchain startups or blockchain integration into existing services. Not just for payments, but for everything under the sun.

Think of Bitcoin as a product and the blockchain as a clever network architecture that enables Bitcoin and a great many future products and institutions to do more things—or to do these things better, cheaper, more robust and more blockchain-01secure than products and institutions built upon legacy architectures.
http://lifeboat.com/blog/2016/05/is-a-blockchain-a-blockchain-if-it-isnt

agree with you, someday in future maybe fiat will be broken and all fiat system will be remove, and we will use bitcoin as global payment system
the digital era will come

and sure bitcoin will be use all people in the world.

are you see new altcoin called Lisk ? i think you will be interesting to trade it too
the price pump and dump with high range, and the volume higher than etherum in last day

No im trying to growing my bitcoin everyday .
but i have plan to save some bitcoin for holding, for future, maybe for retiremen day.

Im sure bitcoin can survive in future.

yeah i get bad experience and now im still in problem, some day ago i see CBX address in yobit is proses of syncing then i deposit some CBX, but after 1 day waiting my deposit is still not see at my history/balance, i ceck the wallet status at yobit, and now under maintenance for some days -_-

can you make the list of "real cloud mining" and now still running his service ?
because im not see any list of it.

i think it's can make some bitcoiner interesting to use it.

block halving make bitcoin more strong, the reduce of bitcoin reward will make miner get lower than now, and it's make the cost to produce bitcoin rising and sure the price will be rise too.

Since its launch 6 months ago in December 2015, the company has reported “impressive growth,” becoming a “favourite selectio[n] among Spanish and English speaking Bitcoin users.”

With is new “Bitcoin charged” debit cards, the company is further expanding its “great selection of payment methods,” which include “card payments” Skrill, Sofort and bank transfers.”

The new debit cards are currently available in euro denominations, and can be “instantly charged with a simple Bitcoin transaction.” With funds depending on the Bitcoin network, Bitnovo says that money will be available for use on the cards “as soon as the transaction is validated by the blockchain.”

Bitnovo says that the funding process for its prepaid debit cards is “extremely fast,” giving customers the ability to spend bitcoins at “any physical shop or online commerce portal in real-time.”

The company also says that their cards work with online service like PayPal and Amazon.


http://bitcoinist.net/bitnovo-direct-bitcoin-wallet-cards/

yeah bitcoin make simple your way to gamble. but i think you must stop your gamble, you can start learning about other way, maybe trading, wtriting blog etc.
gamble just wasting your money, it's make your life ruined

i think better you waiting halving blovk, look at the bitcoin price now
the last price is $470 you can get $10 higher for each bitcoin

i think we can reach $500 today

agree with you invest and trade give you more chance to earn 0,5BTC in 1week maybe in 1day too.
but you need capital to start it, i recomended use capital from bitcointalk sign campaign, or from faucet or from giveaway.
after you have good skill you can start with bigger capital.