http://www.deccanchronicle.com/140727/business-market/article/gold-bitcoin-new-fad-e-currency-count-nears-500-mark'Gold for bitcoin' trades can also facilitate additional virtual demand for both the assets, compounding the woes of befuddled regulators, which are already finding it difficult to rein in bubbles created by gold, while the yellow metal is also being used extensively for black money transactions. While countries and financial watchdogs have tightened the screws on bitcoin industry, especially after a series of debacles, including Silk Road episode, the failure of Mt Gox exchange and persistent money laundering charges, the gold for bitcoin trades could have wider implications.
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http://bitcoinmagazine.com/14618/building-bitcoin-economy-close-loop/There are two main obstacles to accomplishing this. One is that a Bitcoin enthusiast drawn to a Bitcoin venue or store might not want to spend his or her bitcoins, due to the hoarding instinct. To an extent, this can be remedied by providing discounts: if people save enough money by using Bitcoin, it counteracts the cost of repurchasing their spent bitcoins. Unless the customers are lazy, apathetic to profit, and unconcerned with legitimizing cryptocurrency, this should alleviate the symptoms.
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http://motherboard.vice.com/read/why-bitcoin-may-one-day-split-into-black-and-white-coinsRumors are swirling that as governments move to integrate and legitimize bitcoin, it could have a divisive and lasting effect on the virtual payment system. Forcing regulations on bitcoin could divide the digital currency into two camps: coins that are regulated and managed by a government or central agency, and coins that remain pseudonymous and decentralized. White coins and black coins.
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http://www.cryptocoinsnews.com/news/move-dogecoin-bitcoin-may-enter-nascar/2014/07/24NASCAR fans might get even more, perhaps unwanted, exposure to digital currency this year. Only months ago, Josh Wise was racing under the Dogecoin name. Now, rookie driver Alex Bowman and the BK racing team are embracing Bitcoin and are putting their support behind Bitcoin crowdfunding effort ‘Bitcoin23‘ (Alex Bowman’s number is 23) to raise $100,000 USD worth to fully wrap Bowman’s #23 car in Bitcoin-themed livery for the Labor Day weekend race (August 29 – 31) at the Atlanta Motor Speedway for the Sprint Cup series.
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http://www.coindesk.com/coin-congress-day-2-bitcoin-industry-bullish-face-obstacles/The second day of Coin Congress in San Francisco focused less on recent US regulatory developments, instead placing a heightened emphasis on the promise of bitcoin’s underlying technology. Held at the Union Square Hilton this week, the event featured a variety of speakers and panels. Experts offered unique perspectives on the bitcoin and cryptocurrency economy, and with their remarks succeeded at framing the industry as a fast-developing space worthy of its early accolades.
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http://www.coindesk.com/barry-silbert-invests-250000-mexican-bitcoin-exchange-volabit/Notably, Bitcoin Opportunity Corp invested the same amount in Sweden-based cryptocurrency exchange Safello two weeks ago. At the time, that was the largest investment the firm had made outside the US. Volabit launched earlier this year under the name Coincove, and was in beta until May. The exchange officially opened at that time with the stated aim of becoming the ‘Coinbase of Mexico‘.
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http://blogs.wsj.com/moneybeat/2014/07/23/bitbeat-hong-kongs-bitcoin-startups-frustrated-by-crazy-scared-banks/A flurry of bitcoin startups, including digital-currency exchange ANX and bitcoin debit card provider Cryptex, have laid down roots in the territory recently. Still, many have found their ability to grow curtailed by the same obstacle that constrains bitcoin businesses in China and the U.S.: They can’t open bank accounts. It’s not because Hong Kong authorities are cracking down, or even because banks in the territory are inherently anti-bitcoin, but because of the dominance that U.S. banks and their increasingly nervous compliance officers hold over the global financial system.
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http://www.coindesk.com/airbaltic-accepts-bitcoin-missed-opportunity/Neil Murray is an entrepreneur and writer involved in the Nordic and European startup scene. He runs The Nordic Web, a content and data provider, alongside VIP VoIP, an event series which connects local startup ecosystems with global tech players. Here, he discusses the perks of bitcoin as both a marketing tool and a cheaper transaction method.
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http://www.cryptocoinsnews.com/news/prominent-women-make-voices-heard-bitcoin-conference-chicago/2014/07/21Early in the North American Bitcoin Conference, Cloudhashing President Lukas Gilkey stated that, according to their market research, Bitcoin users are 99 percent male. To many, this is not breaking news. The realm has been targeted at males seemingly since the beginning simply due to the interest. Though there are successful groups such as CryptoWomen and the Women in Bitcoin meetup, the female presence in Bitcoin, at least on the surface, is staggeringly low, and that’s something that is being recognized as an obstacle between merchant adoption and mass adoption.
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I can do push up alone  |
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http://america.aljazeera.com/articles/2014/7/21/new-york-crafts-bitcoinlicenses.htmlThe regulations, published by the New York Department of Financial Services on Thursday, would require the kind of record-keeping, cybersecurity and anti-money-laundering systems that major banks typically implement, potentially protecting the fledgling community against the kind of fraud that brought about liquidity disasters in the past. But the regulations also would entail what bitcoin backers characterize as onerous and innovation-killing conditions, like fingerprinting and capital requirements, that would apply to all bitcoin businesses, whether they are major repositories with millions of dollars worth of deposits or small exchanges converting the currency into dollars.
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http://www.coindesk.com/stripe-bitcoin-future-global-payments-issues-solved/San Francicso-based Stripe, a company that offers API-based payment systems, has published a blog post examining how it expects the bitcoin market to develop. Titled “Bitcoin: The Stripe Perspective”, the article examines what the company believes it may take for mainstream consumer adoption of digital currency to ignite.
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the living local monument fell victim to an infestation of insects that couldn't be bested.
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http://cointelegraph.com/news/112115/investing-101-how-to-predict-bitcoins-priceThe best any of us can do is rely on mathematical models to give us confidence in our own educated guesses as to whether the exchange value of a Bitcoin will go up or down tomorrow. Anyone who tells you any differently has a wagon full of snake oil to sell. “Predicting the future price of any asset is a very difficult undertaking,” cryptocurrency researcher Fernando Ulrich told CoinTelegraph. “Even more so for a totally new and unprecedented asset like cryptocurrencies in general, and Bitcoin in particular.”
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http://www.coindesk.com/tnabc-day-2-bitcoin-diverse-community/The full scope of the community could also be seen in the major business leaders who spoke at the event, representing a range of verticals from bitcoin mining to e-commerce and merchant processing. Through this, the conference was also able to highlight just how interconnected the industry remains despite the increased VC interest and mainstream media attention, a point alluded to by event organiser Moe Levin in his closing remarks.
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