http://www.cnet.com/news/bitcoin-platform-coinbase-expands-to-13-european-countries/Starting on Thursday, consumers in 13 European countries -- including Italy, Spain, France and Belgium -- can now buy and sell bitcoins through Coinbase's platform, the company announced. In order to get its service off the ground, Coinbase is calling the expansion a beta program and will limit daily transactions to 500 euros per day. The company expects to raise that limit as time goes on. Coinbase was previously only available in the US.
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http://blogs.wsj.com/moneybeat/2014/09/11/apples-lesson-for-bitcoin-think-bigger/There is no Bitcoin CEO, of course. Still, bitcoin’s leading advocates should use Apple AAPL +0.43%’s mobile payments initiative as cause for reflection. For one, they need to recognize the obstacles that Apple itself faces. The near-field communication (NFC) technology behind Apple Pay has been available in smartphones for a decade – it’s used by Google GOOGL -0.39% Wallet in Android phones, for example – and hasn’t taken off. What’s to say bitcoin would have more luck convincing merchants and consumers to adopt it? After all, whereas Apple is boasting that its system is more secure than credit cards, bitcoin continues to struggle with a negative public image of insecurity, one stoked by the Mt. Gox bitcoin exchange, hacking attacks, and connections with drug dealers. And bitcoin transactions are in a currency prone to volatility; Apple’s will be in dollars.
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http://www.bidnessetc.com/25357-how-apple-pay-will-affect-bitcoin/Owners of the iPhone 6 will be able to make payments at shops and restaurants with the help of near-field communication (NFC) technology. It will enable consumers to pay by just taping their phones on wireless readers. Corporations like McDonald’s Corporation (MCD), The Walt Disney Company (DIS) and Whole Foods Market, Inc. (WFM) have already partnered with Apple, agreeing to install the compatible wireless readers. Moreover, Visa Inc. (V), MasterCard Inc. (MA) and American Express Company (AXP) will be collaborating with Apple in its new service. In addition, big banks including Wells Fargo & Co (WFC), Citigroup (C), JPMorgan & Chase Co (JPM), Bank of America Corp (BAC), among others have also signed up for the service.
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http://www.coindesk.com/api-developer-gem-aims-streamline-bitcoin-app-development/Bitcoin startup Gem has launched a private beta of what it says is a highly scalable and security-focused API for bitcoin app developers. The Gem API was designed from the ground up to streamline app development while delivering enhanced levels of security by encrypting and backing up bitcoin storage and building in technologies such as multi-signature authentication. The platform was showcased and launched at the ongoing TechCrunch Disrupt San Francisco.
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http://www.nasdaq.com/article/the-prospect-of-an-etf-another-reason-to-buy-bitcoin-cm388336The obvious answer is “nothing”; nothing has changed regarding the long term drivers that made the trade viable in the first place and neither of the initial targets, $660 to the upside nor $390 to the downside, has been reached. The lack of follow through on that initial move up is somewhat worrying, but the formation of some pretty solid support at these levels suggests that upwards is still the path of least resistance.
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http://www.technologyreview.com/featuredstory/527051/the-man-who-really-built-bitcoin/Some Bitcoin enthusiasts offer bombastic predictions that Americans will shake off the shackles of the Federal Reserve and poor nations will rise to prosperity with the low-cost transactions made possible by the stateless virtual currency. Other Bitcoin boosters have the air of salesmen chasing a mark, reeling off reasons you should buy into the currency that make you feel you’re not getting the whole story. In contrast, Andresen seems to be in search of quiet personal satisfaction, cheerfully calling himself a “geek interested in nuts and bolts things.” He can make a pretty good pitch for Bitcoin, but he quickly slides into technical nuances that would be a turnoff for most. “We say this is going to be the year of the multisignature wallet,” he says when summing up what 2014 holds for Bitcoin.
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http://www.forbes.com/sites/kashmirhill/2014/09/08/bitcoin-creator-satoshi-nakamoto-email/Little is known about the mysterious creator of Bitcoin beyond his pseudonym, Satoshi Nakamoto, and the fact that he uses the email address satoshin@gmx.com. However, the latter may no longer be true. Reports are flooding in that the email account has been taken over by someone new, who is using his or her access to the account to email past correspondents of Nakamoto and to daisy chain into other online accounts associated with Bitcoin’s creator.
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http://www.marketoracle.co.uk/Article47229.htmlSo, the cooling was not a concern -- but then it continued. Here's the most-commonly-discussed idea: it's two-fold: technological developments have pushed crypto mining onto a new, higher, plane. It's big business now -- and those businesses are not 'HODL-ing' (holding) the mined coin. They have bills to pay; they are selling it. The second reason is similar: the businesses that have begun accepting Bitcoin (and now altcoins) also have bills to pay. They are selling the cryptos they accept.
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http://www.coindesk.com/bitcoin-voucher-startups-aim-help-africas-unbanked/British bitcoin voucher service Azteco and South African startup Xoin have separately launched services designed for one potentially huge emerging market; namely, the unbanked populations of Africa. Azteco, which claims it is “the easiest way to buy bitcoins”, has announced that it is in the final stage of development of its voucher product and is already accepting applications from prospective vendors.
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http://cointelegraph.com/news/112462/finance-professor-david-yermack-argues-that-bitcoin-should-not-be-considered-as-moneyThere's a lot of basic financial data that suggests that, in terms of being a store of value for instance, Bitcoin is very volatile on a day to day price," argued Yermack. The professor noted that Bitcoin was probably more volatile than any other financial assets, adding that the digital currency tented to fall almost 10% on a given day, which makes it much more volatile than any other currencies that are being traded on the markets around the world, as well as gold and shares of stock.
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http://www.cryptocoinsnews.com/counterparty-first-bitcoin-2-0-platform-offer-armory-offline-wallet-support/It’s a common theme in conversation that Bitcoin has not yet reached its true, unlocked potential. There’s no question that the developed protocol is at the brink of human technological advancement, but there are still more ways to utilize Bitcoin and move forward. Counterparty is one of those steps forward into Bitcoin 2.0. It’s a person-to-person decentralized exchange that allows users the ability to create their own tokens for bitcoins and Counterparty currency (XCP). Now, Counterparty users can produce unsigned transactions that can be signed by an Armory offline wallet, making it the first Bitcoin 2.0 Platform to offer the function.
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http://www.vox.com/2014/9/5/6110897/we-made-the-wrong-call-on-buying-bitcoinsI ended up saying yes for a few reasons, and with a few conditions. First, Bitcoin is a large and liquid market that struck me as less like an individual stock and more like, well, a market unto itself. Second, the strange process of buying, holding and selling Bitcoins is, itself, part of the Bitcoin story — and it seemed to me there was value in understanding it, and even writing about it, firsthand. Third, we agreed that the value of the holdings would be capped around $2,000, so I didn't see this as an investment meant to generate personal financial gain. Fourth, we agreed that the holdings would always be clearly disclosed.
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http://www.vox.com/2014/9/5/6086171/why-im-investing-in-bitcoinsThis isn't the first time I've invested in the cryptocurency. In early 2012, I bought some bitcoins for around $7 each. I held them until May 2013, when I took a new job at the Washington Post. The Post's strict ethics rules required me to sell them for around $120 each. That proved to be a huge missed opportunity, as bitcoins skyrocketed to more than $1000 before the end of 2013.
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