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1181  Bitcoin / Bitcoin Discussion / Re: 20.99~ The tilde as a candidate for the currency symbol for bits or bitcoin on: April 13, 2015, 06:04:11 AM
I say BTC or ฿ for BTC, and ƀ for bits (millionth of a BTC). Several wallets, including breadwallet (the best and most popular wallet on iOS) already use this.

Agreed. We already have several good symbols and if you can't use them just write 'bits' or 'btc'.
1182  Bitcoin / Press / Re: 2015-04-03 benzinga - Cryptocurrency Trading Leader is Buying Bitcoin on: April 13, 2015, 05:45:41 AM
I just found a new article related to this scam:

http://prnw.cbe.thejakartapost.com/news/2015/btcgaw-is-buying-bitcoin-above-market-price.html
1183  Economy / Economics / Re: US Dollar collapse in 2015? (2) on: April 12, 2015, 12:24:34 PM
Of course rt.com (linked in the OP) would like to see the collapse of the US Dollar.

I don't see it happening any time soon.
1184  Bitcoin / Project Development / Re: Bitcoin ATM location in a number of countries... on: April 12, 2015, 12:13:18 PM
You should tell your business partners to install a video camera.
1185  Economy / Service Discussion / Re: Circle and coinbase shuts down if coins are sent to LBC? on: April 12, 2015, 10:39:21 AM
It's their right to monitor your transactions and to close your account for any reason.

1186  Other / Politics & Society / Re: Going across borders with....knowledge of a private key? on: April 12, 2015, 10:12:08 AM
It's just like a credit card! Some cards have a withdrawal limit upwards of $10,000. Only cash is regulated.

Exactly. Knowledge of a private key is comparable to knowledge of a PIN for a card.
1187  Bitcoin / Bitcoin Discussion / Re: Another Tyrone Bitcoin Video on: April 12, 2015, 07:07:12 AM
Bitquick isnt the best way to purchase coins unfortunately

Why not?
1188  Bitcoin / Press / Re: [2015-04-10] WSJ: Should You Invest in Bitcoin? on: April 12, 2015, 04:49:47 AM
0.5%? Why not 1% or 2%? Most of the users of this forum have more.

Of course we have more. Mr. Elbeck just doesn't want to get any complaints if Bitcoin doesn't increase in value.
1189  Bitcoin / Press / Re: [2015-04-10] WSJ: Should You Invest in Bitcoin? on: April 11, 2015, 05:38:02 AM
You have to be a subscriber unless you're coming from a Google search. Here's a copy of the full article here:





Is your stomach strong enough to take a flier on bitcoin?

The value of the virtual currency can fluctuate wildly—even in a single day. From July 2010 to February 2014, its price was 26 times more volatile than the S&P 500, according to Matt Elbeck, a marketing professor at Troy University in Alabama, who co-wrote a recent study about bitcoin with a colleague, Chung Baek.
Related

On the Hunt for Higher Returns

In addition, nearly a half-billion dollars worth of bitcoin disappeared last year from Mt. Gox, once the dominant exchange for bitcoin trading. And regulators are paying increasing attention to digital currencies, adding another element of uncertainty.

For many investors, those kinds of risks are reason enough to stay far away.

Yet bitcoin could have some virtues for certain investors. “It doesn’t trade with stocks or bonds or gold or any other asset that typically appears in a mass-affluent portfolio,” says Nicholas Colas, chief market strategist at New York-based brokerage firm Convergex Group.

There also is growth potential, given that digital currencies are in their infancy. Investment firms show growing interest in the currency and in the technology behind it, which could point to more widespread use.

This year, the value of bitcoin has fallen about 23%, through Thursday, according to a CoinDesk index. Still, a single bitcoin is worth $243.26, up from less than $5 three years ago, according to the index.



Dedicating a small sliver of your portfolio to bitcoin may make sense for a younger, affluent investor who won’t get spooked by sharp swings in value.

Mr. Elbeck says such a stake should represent less than 0.5% of your investments.

And investors who will need to tap the money in the near term—or whose finances would be compromised if the investment became more or less worthless—should stay far away, says Mark La Spisa, president of Vermillion Financial Advisors in South Barrington, Ill.

“You want to try and be a day trader with this, go ahead and have fun, as long as it won’t have a negative impact on your retirement,” Mr. La Spisa says of bitcoin and other risky investments.

Investors can purchase bitcoin online through websites such as San Francisco-based Coinbase. The currency is stored in a digital “wallet,” which could be on your computer’s hard drive, online or in an offline “vault” operated by a storage firm.

Another option could be available soon. Bitcoin Investment Trust, the first publicly traded bitcoin fund, is expected to start trading in coming weeks, according to Michael Sonnenshein, a spokesman for fund sponsor Grayscale Investments, a subsidiary of New York-based Digital Currency Group. Each share of the fund will represent about one-tenth of a bitcoin, minus fees, he says.
1190  Other / Politics & Society / Re: Guess I know who I'm voting for in the next US Presidential election already... on: April 11, 2015, 04:17:05 AM
Anyone that accepts Bitcoin is A-OK in my book.  F#ck the issues!   Tongue

What if there are more candidates doing that? btw.: it looks like you didn't actually donate 0.196040 BTC
1191  Bitcoin / Press / Re: [2015-04-10] Why Billionaire Investor Reid Hoffman Is Betting Big on Bitcoin on: April 11, 2015, 03:57:27 AM
The more these billionaires "invest", the more the price crashes. WTF.

They wouldn't be billionaires if they made investments at all-time highs.
1192  Bitcoin / Press / [2015-04-10] Why Billionaire Investor Reid Hoffman Is Betting Big on Bitcoin on: April 10, 2015, 03:33:27 PM
Why Billionaire Investor Reid Hoffman Is Betting Big on Bitcoin

Reid Hoffman has an expert eye for promising tech startups. The LinkedIn chairman and co-founder's early stakes in Facebook, Airbnb and Dropbox prove he's able to see the next big thing before most of us even know what it is -- and it’s paid off for him time and again.

These days, the so-called “startup whisperer” is placing his bets on Bitcoin. As a full-time partner at venture capital firm Greylock Partners, he claims his primary focus is to invest in “world-class entrepreneurs with new categories of ideas with the possibility of massive scale.” One of those entrepreneurs is Wences Casares, co-founder of Xapo, an ambitious, Palo Alto, Calif.-based Bitcoin wallet and storage startup. With Hoffman leading the charge, Greylock invested $20 million in Xapo last year. 

“Bitcoin has the potential to be a massively disruptive technology,” Hoffman wrote in a post announcing the investment last July. “It is the leading digital currency and it’s growing fast.”

Source: http://www.entrepreneur.com/article/244859
1193  Local / Deutsch (German) / Re: Auf Erotik Seiten per Bitcoin bezahlen? on: April 10, 2015, 11:27:55 AM
Ich habe kürzlich einen Bitcoin Wiki Eintrag aktualisiert und hatte da völlig auf porn.com vergessen (ist jetzt drin) - damit sind wohl 2 der Top 20 Bitcoin Webseiten in dieser Kategorie:
https://en.bitcoin.it/wiki/Bitcoin_Ladder#Top_websites
1194  Economy / Exchanges / Re: Neteller now is using Bitpay to accept Bitcoin as deposit method - Big news! on: April 10, 2015, 10:07:24 AM
I just tested the Net+ card for a POS transaction - it's really convenient for everyday purchases in places where Bitcoin is not yet accepted - there are no additional fees for me as a consumer:


1195  Economy / Economics / Re: Traditional Banks and Bitcoin on: April 10, 2015, 09:08:06 AM
They are likely researching it to understand the whole thing and evaluating the opportunities (investments in bitcoin & bitcoin companies)
1196  Bitcoin / Press / Re: [2015-04-09] Bloomberg: Orange Seeks to Invest in Bitcoin Startups ... on: April 10, 2015, 05:22:00 AM
T-Mobile (Poland): Bitcoin accepted
Telstra: planning to accept Bitcoin
Orange: this article only mentions investments, no plans to accept it
1197  Bitcoin / Press / [2015-04-09] VB: An artist hid 4.87 Bitcoins in this painting puzzle... on: April 10, 2015, 05:10:53 AM
An artist hid 4.87 Bitcoins in this painting puzzle, triggering a frenzy to solve it and claim them



Once again, artist Marguerite Driscoll has sent Internet denizens down a cryptographic rabbit hole.

Earlier this month, Driscoll published her third Bitcoin puzzle painting with this challenge: “The painting is a #puzzle, there is 4.87 #bitcoin concealed by this image. Happy #EasterEgg.”

I’m not sure “happy” is the word that the multitude of treasure hunters would use to describe their efforts to unlock the secret and claim the Bitcoins. But it has once again become a massive obsession for many searchers. Just scroll through this thread on Reddit dedicated to solving it, or this one on Bitcoin Talk.

The prize is worth roughly about $1,400, but that doesn’t really justify the huge time investment to solve it. Clearly, being part of the challenge and an obsession to solve the riddle are a reward unto themselves for many participants.

Driscoll is the lead of the project, and this time around she created the cryptographic puzzle with the help of three other team members: Rob Myers, an artist and programmer based in Vancouver, B.C.; Ruben Alexander, a graphic designer based in Massachusetts; and Matt deCourcelle, a nano-materials engineer based, like Driscoll, in North Carolina.

If you want to get a sense of just how complex the puzzle is, and how much work goes into creating it, then I suggest you (try to) read the 32-page explanation for the solution to her last piece.

I reached out to Driscoll, 29, to ask her why she creates these pieces and what inspired her. In an email exchange, she said the project came out of her growing involvement with the Bitcoin movement.

“I’ve learned about cryptography gradually, beginning with trying to understand Bitcoin in 2010,” she said in an email exchange. “However, I’ve always been fascinated by machine learning and pattern recognition.”

The more she connected with other Bitcoin community members, the more inspired she became to reflect that in her art.

“I found myself making this work from a progressional level of involvement in the Bitcoin community,” she said. “First, I was doing freelance work for emerging startups. Then I found myself making friends with the folks at the relative media outlets and started making portraits.”

But while the painting is the end result, it is only the very last stage of her own work, a process she’s found every bit as thrilling as the art.

“Scheming the artwork, the stories, the trail is probably as addicting as playing them,” she said. “Mystery has always intrigued us, art on its own is a cryptic puzzle, but what happens when we combine art that literally conceals the patterns and data that lead to money? I wanted to find out.”

Still, she was surprised by the degree to which her own growing obsession with Bitcoin, cryptography, and art seemed to resonate with others.

“The response has been astonishing,” she said. “I honestly wasn’t prepared for how many people took to it. It was staggering. I also didn’t anticipate how emotionally attached people would become to the puzzles. People made friends and formed teams, there was a range of personalities who morphed into characters within the pages of the forums. The puzzle evolved into an emotionally saturated adventure novel.”

In an email, deCourcelle said he decided to get involved because he felt it would help spread the word about Bitcoin.

“I believe there are new, innovative ways we can educate the public regarding Bitcoin, cryptography and blockchain technology,” he said.

Alexander said he contacted Driscoll after becoming hooked by reading the 32-page solution to the last puzzle.

“I’ve seen the first examples of cryptocurrency visual art on bitcointalk, reddit, and from http://cryptoart.com,” he wrote in an email. “Bitcoiners definitely challenge my definition of what art is with some of the funnier pieces being made in mspaint (e.g. magic internet money wizard).”

Myers said he learned programming at art school and had used encryption in previous commercial networking projects.

“My background is in art and code so this project was very much in my main line of work,” he said. “It was a good way to put what I’ve been learning about cryptocurrency into practice.”

There is no deadline for solving the puzzle. Meanwhile, Driscoll said she’s already working on her next Bitcoin art.
VentureBeat’s VB Insight team is studying email marketing tools. Chime in here, and we’ll share the results.
 



Source: http://venturebeat.com/2015/04/09/an-artist-hid-4-87-bitcoins-in-this-painting-puzzle-triggering-a-frenzy-to-solve-it-and-claim-them/#
1198  Local / Deutsch (German) / Re: EDEKA Onlineshop akzeptiert Bitcoin (?) on: April 10, 2015, 04:51:57 AM
Sehr gut. Die Option scheint jetzt (wieder) verfügbar zu sein - auch hier in Österreich.

Nun ist auch ein Bitcoin Logo zu sehen.

1199  Bitcoin / Press / [2015-04-09] Bloomberg: Orange Seeks to Invest in Bitcoin Startups ... on: April 09, 2015, 10:58:39 AM
Orange Seeks to Invest in Bitcoin Startups in Silicon Valley

Orange SA is looking to invest in bitcoin startups in the coming months, making it one of the first big international phone carriers to become interested in the technology behind the digital currency.

“There’s something intriguing in this technology, so we want to be there as early as possible,” said Georges Nahon, chief executive officer of Orange Silicon Valley, a division of the Paris-based company. “This could be a digital platform of the future,”

While bitcoin’s price has almost dropped in half in the past year and the prospects of the digital currency are uncertain, its underlying software is attracting investors. The technology can be tweaked to record changes in ownership of any asset in a public ledger using a distributed network of computers, and could help facilitate transactions at businesses like carriers, banks, stock exchanges or insurance providers.

The bitcoin blockchain technology, as it is called, could be used to cheaply transfer money between different countries, Nahon said. Like other carriers, Orange is building up its mobile-payment business as more people use their smartphones to make purchases or transfers. Orange already has more than 12 million users for its money transfer service Orange Money in Africa and the Middle East, and is looking to expand the business.

Talking to Startups

Orange Silicon Valley has been holding bitcoin events at its offices in San Francisco and is talking to two bitcoin companies, Nahon said. The group can invest $20,000 per startup and is part of global team that can spend up to 3 million euros ($3.2 million) per company.

The carrier recently expanded its venture-capital effort with the creation of Orange Digital Ventures. The goal is to have supported 500 startups worldwide by 2020, Orange said in March.

“Even though we have a large internal R&D organization, given the pace of innovation we need to compliment our own initiatives and projects with what the outside world is doing,” Nahon said.

Bitcoin venture-capital investments hit an all-time quarterly high of $233.95 million in the first quarter, according to researcher CB Insights.

Google Ventures and venture arms of several other large tech companies have made investments in bitcoin-related startups. Even the biggest U.S. stock exchange operators are taking steps to embrace bitcoin. This year Nasdaq OMX Group Inc. licensed its technology to a bitcoin trading company, while the New York Stock Exchange invested in bitcoin startup Coinbase.

While telecommunications companies have mostly stayed on the sidelines, several have begun to dabble in bitcoin. Perseus Telecom, which provides high-speed global connectivity services for traders, announced it would begin supporting bitcoin trading. Dish Network Corp. began accepting bitcoin payments last year.



Source: http://www.bloomberg.com/news/articles/2015-04-09/orange-seeks-to-invest-in-bitcoin-startups-in-silicon-valley
1200  Economy / Service Discussion / Re: The Bitcoin Mutual Fund on: April 09, 2015, 06:43:00 AM
It s fun to see these improvements. As far as I can see, he plans to use money of his clients to invest into other already existing services, BTCjam, cloud, etc. This is fine for people who have no time to play with this by themselves. Another suggestion, it would be nice to have some kind of emergency fund or insurance set up. So if things go south on some of your investments, your clients know you can cover the loss.

The most dangerous investments on BTCJam will get you ~90% APR - now look at what he's offering:

Quote
.62%-.85% daily
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