http://www.cryptocoinsnews.com/news/john-crudele-ny-post-calls-bitcoin-confidence-game/2014/08/29John Crudele of the NY Post Calls Bitcoin a “Confidence Game” In his article, John Crudele starts his article by outright calling Bitcoin a “worldwide scam” and calling Bitcoin investors “gullible,” “Bitcoin loons,” and “Bitloons” while referring to MIT professors as “adults” while the students working with their experiment, as “kids.” It’s not just MIT students and Bitcoin enthusiasts whom he was insulting towards, but people working for CNBC were referred to as “idiots.”
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http://www.coindesk.com/spectrocoin-takes-bitpay-europe-bitcoin-processing-solution/SpectroCoin has launched a new bitcoin merchant processing solution for the European market, adding yet another vertical to its suite of products. The UK and Lithuania-based company also offers a bitcoin wallet and a bitcoin brokerage, services CEO Vytautas Karalevičius believes will position SpectroCoin as an all-in-one solution comparable to Coinbase in the US.
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http://cointelegraph.com/news/112390/bitcoin-warrior-joins-ct-media-groupThe CoinTelegraph has expanded its media group yet again with the proud addition of the Bitcoin Warrior to its ranks. The CT Media Group already includes Whatmine.com and Cryptoarticles.com and seems to be expanding on a nearly weekly basis. To celebrate and welcome the new member of our Group we offer a 20% discount on all banner placement on the new site up until 5th of September.
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http://www.reuters.com/article/2014/08/28/us-usa-bitcoin-retailers-analysis-idUSKBN0GS0AG20140828Though sales paid for in bitcoin so far at vendors interviewed for this article have been a fraction of one percent, they expect that as acceptance grows, the online currency will one day be as ubiquitous as the internet. "Bitcoin isn't going anywhere; it's here to stay," said Michael Gulmann, vice president of global products at Expedia Inc. in Seattle, the largest online travel agent. "We want to be there from the beginning." Expedia started accepting bitcoin payments for hotel bookings on July 11.
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http://cointelegraph.com/news/112375/10-reasons-why-bitcoin-is-better-than-paypalIt is no secret to Bitcoin users that digital currency makes PayPal’s model of online transaction look somewhat archaic by comparison. While the method was the darling of the online community in years gone by, the rapid advance of Bitcoin in particular has caused PayPal to come increasingly under the spotlight recently. There is even an online platform for users to share their horror stories and experiences when using PayPal: http://www.paypalsucks.com/Stories of high fees, delayed payments and frozen accounts are also now abound in forums and news resources, while Ebay’s (PayPal) CEO, John Donahoe, even stated that Paypal will to have to integrate digital currencies in their wallet sometime in the near future. But while the company considers how to move forward, the world of digital currencies is quickly gaining a foothold and gaining momentum.
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http://www.cnbc.com/id/101937441#. Would you like to pay for your morning coffee with your credit card or your bitcoin wallet? If San Francisco-based start-up Shift Payments has its way, you'll soon be able to switch from real money to digital currency when paying with a single card.
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http://newsbtc.com/2014/08/24/poll-review-bitcoin-price/The question could be considered subjective, and that’s why it was the topic of last week’s poll (which you can find in the lower right-hand corner of all pages). So, getting right to it, it would appear that the price of bitcoin is a big deal compared to really not mattering. Of 134 total votes, about 64 percent of voters said the price of bitcoin “is a huge deal”. That equates to 86 votes.
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http://blogs.wsj.com/moneybeat/2014/08/22/bitbeat-bitcoin-accepted-here-dollars-not-so-much/Yeah, it’s pretty right. “I’m a big advocate of sound money,” CEO Stephen Macaskill told us over the phone. The dollar, no longer backed by gold, is controlled by “political whim,” he said. It’s not a currency he wants to hold. Okay, that’s fine, that’s his opinion. But that’s different than stating you won’t accept dollars. We pressed him, sensing a fudge. Surely, we asked, on Jan. 1, 2017, if somebody wanted to hand you dollars for gold, you wouldn’t turn that business away, would you?
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http://www.pfhub.com/u-s-district-judge-thinks-bitcoin-qualifies-as-money-funds-1081/A U.S. District Judge in a case involving a Florida man, Robert Faiella, allegedly participating in a scheme to sell approximately $1 million worth of bitcoins to Silk Road users is making headlines in the bitcoin community. During the case, prosecutors requested that the New York federal judge dismiss one of two counts placed against Faiella: operating an unlicensed money transmitting business. The reason for this is that prosecutors do not qualify digital currency as money.
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