http://www.pymnts.com/exclusive-series/2014/pymnts-bitcoin-tracker-xapo-users-grumble-could-overstocks-employees/#.U-WhZqOrYU8In the “the bitcoin side of the street is always sunny” it was reported that Visa’s CEO, Charles Scharf, said that it was open to the idea of bitcoin. Actually, that’s not what he said. He said, “Visa is not a currency, it’s a network. We can process real or virtual currencies to the extent that it makes sense.” He didn’t actually say bitcoin made sense. But the story got a lot of clicks given its, ah, optimistic portrayal of what Scharf said, but didn’t actually move its price. Bitcoin is just about the same as last week, trading at $589.65 when last week (8/1) trading was $588.02 according toPYMNTS.com Bitcoin Price index.
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http://www.coindesk.com/avalancha-online-store-argentina-bitcoin/Argentina-based e-commerce company Avalancha has announced it will now accept bitcoin through a new strategic partnership with bitcoin merchant processor BitPagos and Latin America-focused bitcoin exchange Bitex.la. Launching this May, Avalancha aims to provide Argentinian consumers with a convenient buying option for electronics and home appliances, and it sees bitcoin as a key investment that will help it better serve its growing customer base.
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This would be a great way for filipinos overseas to pay their family's bills back in the philippines.  |
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I sold high and got 1.24 btc for 541k doge, no regrets.
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http://www.coindesk.com/xapo-faces-online-backlash-debit-card-fees/California-based bitcoin wallet provider Xapo is facing community backlash following the release of its latest product, the Xapo Debit Card. Xapo started shipping the cards on 30th July, roughly one month after its original estimated launch date. Yet the news has largely been overshadowed by the company’s recently published fees and limits schedule.
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http://www.bbc.co.uk/news/uk-28670414Chancellor George Osborne will unveil the plan when he sets out measures intended to make Britain the "global centre of financial innovation". Bitcoin is not controlled by a central bank but is growing in popularity. Other measures will include plans to make it easier for businesses to get loans from sources other than banks.
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I know my BTC is worth something. If a thousand people who grew up under authoritarianism think like me, then BTC is worth billions. This is not considering BTC as a medium of exchange, as an investment in a portfolio.
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http://www.dailyforex.com/forex-technical-analysis/2014/08/Bitcoin-Outlook-August-4-2014/33487Bitcoin looks set to mark the third consecutive weekly loss. During the course of the week, the digital currency took support from the fundamental and technical support region of 540-550 and bounced from the oversold level of 555.90 to a high of 607.20. BTC/USD has since then fatigued and slipped sharply from the near-resistance levels to a current value of $581.21. It must be noted that the digital currency rose sharply on the news of the controversial Argentina debt default but has calmed down post the event. Bitcoin is now equidistant from the major resistance and major support levels of 610 and 550 respectively.
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http://www.coindesk.com/kyrgyzstan-bitcoin-payments-violate-state-law/The National Bank of the Kyrgyz Republic, the central bank of Kyrgyzstan, has issued new statements confirming the use of bitcoin and other digital currencies as a form of payment is currently illegal under national law. Issued this July, the notice states that the only legal tender in Kyrgyzstan is the national currency, the som (KGS), and that as such, any use of bitcoin for payment violates this policy. At press time, 1 KGS was worth $0.019.
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Bitcoin is more than just a currency, it can help solve the dangerous problem of centralizing password storage. If you lose your PGP key, or get it stolen, you're screwed. In Bitcoin land we have native multisig. There is discussion of multi-sig PGP, which is certainly possible, but AFAIK hasn't been done. I think more importantly is that Bitcoin necessitates safe crypto, which is leading to things like Trezor, which makes secure logins much easier and safer.
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http://www.coindesk.com/visa-exec-network-support-bitcoin-payments/Global payments giant Visa earned the ire of the bitcoin community earlier this year when CEO Charlie Scharf stated that he didn’t see bitcoin and its technology as posing a significant threat to its operations. Now, however, new comments from Visa senior vice president of digital solutions Sam Shrauger suggest that the company may be reevaluating bitcoin.
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All of the searches and seizures are predicated upon the government’s infiltration of the alleged ‘Silk Road Servers,’” reads the memo. “However, that event – location of the Silk Road Servers – is shrouded in mystery, as the means and manner in which that discovery was accomplished has not been disclosed.”
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http://www.enterstageright.com/archive/articles/0814/cryptocurrp3.htm If there's something you need to know about the minor-to-bush league of altcoin speculation, it's the plain fact that there's too many Bitcoin chasing too few punts. This ratio has been surprisingly stable, despite what a theoretical economist unaware of the scene will tell you. Yes, the supply of altcoins did adjust to meet the demand of all those speculators with Bitcoin to "invest." But the punters adjusted too. In response to the flood, and to a lot of disappointments, they've become choosier. So, the hothouse ratio continues more-or-less in equilibrium. By the vague standards that ‘umble non-pros like me use, the action is just as hot as it was before the wave of altcoins turned into a torrent. There's just more "---coins" nowadays where the action ain't.
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http://cointelegraph.com/news/112200/altcoins-will-take-the-place-of-stocks-jay-delagrange-ceo-crytradeTrading groups will be run by one individual (trader/advisor), they link their trading account via an info-only API key and Crytrade will post their trades on their group forum. Subscribers pay an entry fee or "subscription" fee into the group to view that information so they can follow their strategy and make similar trades. Crytrade will keep track of the profitability of that trading group (advisor). In theory, the more profit an advisor makes the more they can charge subscribers.
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Seems that their pre season form is good. Have been a Man City fan for the past few months.. now waiting for the right time to switch back.
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http://www.cryptocoinsnews.com/news/top-10-awesome-facts-bitcoin/2014/08/03Bitcoin Studies You suddenly wish you could go back to university, but you only have bitcoins left because of your forward-thinking state of mind? Do not panic: you are now able to pay your tuition fees with Bitcoins for the famous New-Yorker university of The King’s College! However, if you are not living on the American soil, be aware that it exists the same kind of initiative, for example by the University of Cumbria in the United Kingdom, or also by the University of Nicosia, in Cyprus. The latter also features a degree in « Digital Currencies » for its student that highlights Bitcoin.
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