Wtf is happening in the last days? Funding to da mooon!

[LiteCoinGuy]

The last days were crazy. So much news and alot of funding:

+Visa, Capital One Back $30 Million Round for Blockchain Startup Chain

+Bitcoin-to-Cash App Abra Raises $12 Million Series A

+Coinalytics Raises $1.1 Million for Blockchain Data Platform

+Bitcoin Hardware Wallet Case Raises $2.25 Million in Funding

+Altcoin Exchange ShapeShift Raises $1.6 Million in New Funding

+Paymium Raises €1 Million to Boost Bitcoin Merchant Onboarding[/li][/list]


Summer is over  

[Denker]

The last days were crazy. So much news and alot of funding:

+Visa, Capital One Back $30 Million Round for Blockchain Startup Chain

+Bitcoin-to-Cash App Abra Raises $12 Million Series A

+Coinalytics Raises $1.1 Million for Blockchain Data Platform

+Bitcoin Hardware Wallet Case Raises $2.25 Million in Funding

+Altcoin Exchange ShapeShift Raises $1.6 Million in New Funding

+Paymium Raises €1 Million to Boost Bitcoin Merchant Onboarding[/li][/list]


Summer is over  

Do we have any backed data how much of funding we have already seen this year?There are some articles to find in the web but the numbers vary a lot.

[Denker]

Before I forget. Is there any site out there which is separating investments in Bitcoin companies from "Blockchain companies"?
I think a comparison would be really interesting although the big fundings seem to go in Blockchain projects.
"Blockchain projects" --> God I hate it so much!

[italianMiner72]

just a question:
why all this "good news" for fund rising, don't let bitcoin price rise???

i think this is the real question!!!

[LFC_Bitcoin]

The last days were crazy. So much news and alot of funding:

+Visa, Capital One Back $30 Million Round for Blockchain Startup Chain

+Bitcoin-to-Cash App Abra Raises $12 Million Series A

+Coinalytics Raises $1.1 Million for Blockchain Data Platform

+Bitcoin Hardware Wallet Case Raises $2.25 Million in Funding

+Altcoin Exchange ShapeShift Raises $1.6 Million in New Funding

+Paymium Raises €1 Million to Boost Bitcoin Merchant Onboarding[/li][/list]


Summer is over  

Let's hope some of this backing reflects positively in the price. Lord knows we need something to give the price a kick up the ass. It's been way too low for too long.

[Denker]

The last days were crazy. So much news and alot of funding:

+Visa, Capital One Back $30 Million Round for Blockchain Startup Chain

+Bitcoin-to-Cash App Abra Raises $12 Million Series A

+Coinalytics Raises $1.1 Million for Blockchain Data Platform

+Bitcoin Hardware Wallet Case Raises $2.25 Million in Funding

+Altcoin Exchange ShapeShift Raises $1.6 Million in New Funding

+Paymium Raises €1 Million to Boost Bitcoin Merchant Onboarding[/li][/list]


Summer is over  

Let's hope some of this backing reflects positively in the price. Lord knows we need something to give the price a kick up the ass. It's been way too low for too long.

You're so right buddy!You're so right!

[Lauda]

just a question:
why all this "good news" for fund rising, don't let bitcoin price rise???

i think this is the real question!!!

This is not related at all. Funding companies and startups is not going to make the price rise. It is not like that money is exactly going to the exchange.

This is great news. I think that the last overview was made by Coindesk. I would very much like to read another one. I'm quite interested in the exact number of investments in 2015 so far. A lot of money has poured into Bitcoin in 2015. Who knows what 2016 could bring? Also we have to separate blockchain projects that are not directly related to Bitcoin. They're just using blockchain technology, not Bitcoin.
Update:
Denker, yes I had forgotten to add that before reading your post.

[Denker]

just a question:
why all this "good news" for fund rising, don't let bitcoin price rise???

i think this is the real question!!!

This is not related at all. Funding companies and startups is not going to make the price rise. It is not like that money is exactly going to the exchange.

This is great news. I think that the last overview was made by Coindesk. I would very much like to read another one. I'm quite interested in the exact number of investments in 2015 so far. A lot of money has poured into Bitcoin in 2015. Who knows what 2016 could bring? Also we have to separate blockchain projects that are not directly related to Bitcoin. They're just using blockchain technology, not Bitcoin.

These are my words as well!

[Hazir]

just a question:
why all this "good news" for fund rising, don't let bitcoin price rise???

i think this is the real question!!!

This is not related at all. Funding companies and startups is not going to make the price rise. It is not like that money is exactly going to the exchange.

This is great news. I think that the last overview was made by Coindesk. I would very much like to read another one. I'm quite interested in the exact number of investments in 2015 so far. A lot of money has poured into Bitcoin in 2015. Who knows what 2016 could bring? Also we have to separate blockchain projects that are not directly related to Bitcoin. They're just using blockchain technology, not Bitcoin.

I was wondering about price myself and you are right that it is not directly related, we won't see any immediate price increase.
But all these startups are a good sign and assurance to people that are faltering. You can invest in bitcoin and you will be safe in the long run.
Even separate blockchain project could give bitcoin some attention - and effectively boost its price as a result.

[Amph]

just a question:
why all this "good news" for fund rising, don't let bitcoin price rise???

i think this is the real question!!!

because they are not directly investing in bitcoin, they are only build everything around it, hoping that more people will use bitcoin

if none of the big name start to invest massively in bitcoin, i'm not sure if we can resort to average joe for increase the price

[chennan]

Well I think the fact that Visa/capital one is getting in on the blockchain technology is good and bad for us... good in the sense that they will sort of make btc a little more mainstream, but bad in the sense that a major "bank" is taking over and making btc a lot more centralized.

[Carlton Banks]

Well I think the fact that Visa/capital one is getting in on the blockchain technology is good and bad for us... good in the sense that they will sort of make btc a little more mainstream, but bad in the sense that a major "bank" is taking over and making btc a lot more centralized.

Can anyone guess which block size BIP they will support? 

[RodeoX]

+Paymium Raises €1 Million to Boost Bitcoin Merchant Onboarding

This one caught my eye. It is hard to get funding for this because it favors more players that those who invest in it. It is really more industry level funding that seeks to boost all players. 

[Kprawn]

The new cool trend, is to say ...." My company is investing in a NEW Blockchain technology " .... What they not saying, is.. " We not investing in the "Public" Bitcoin Blockchain  "

No.. no.. no.. They want their own "Private" Blockchain. It's like renaming Linux and calling it your own... Corel / Ubuntu ....Da da da..

It's just so easy to do this, and not a lot of people are speaking out against this. The true Bitcoiner will frown on this and object to the blatant intellectual theft being done by

these banks and companies, but the fact is... Nobody owns the intellectual rights to the Bitcoin code... so they can do what they want. 

The advantage we as the Bitcoin network have over them is the security of a huge node count and hashing power already in place to support it. They just chose to ignore

this advantage and invest millions to re-invent the wheel... to call it their own. 

[uxgpf]

It's just so easy to do this, and not a lot of people are speaking out against this. The true Bitcoiner will frown on this and object to the blatant intellectual theft being done by these banks and companies, but the fact is... Nobody owns the intellectual rights to the Bitcoin code... so they can do what they want. 

Well, that's how FOSS and specifically MIT licence works. What is there to frown about? Why do you consider it theft? The whole idea of open source software is that anyone is able to modify the code and use it how they see fit. Though I personally like GPL licence more as it ensures that also the derivates stay open.

[maokoto]

It looks hopeful, and certainly it should end in price raise.

At least, it means movement and hope in Bitcoin. This is not dying by any means!

[uxgpf]

Well I think the fact that Visa/capital one is getting in on the blockchain technology is good and bad for us... good in the sense that they will sort of make btc a little more mainstream, but bad in the sense that a major "bank" is taking over and making btc a lot more centralized.

They probably just take the code and use their own blockchain in their internal systems for settlement or whatever. I presume that they are not going to buy bitcoins or be part of bitcoin network in any way. Even improvements they might make won't make it back to bitcoin because MIT license allows taking the code and closing it.

In comparison, Linux is GPL licensed (which requires all derivatives to be GPL and thus open too), so many companies are collectively contributing to its code as they make improvements for their own good. Maybe that would have been better for bitcoin too, I don't know.

TL;DR. I don't think that Bitcoin or it's price will be affected in any meaningful way.

[RodeoX]

Whether or not these companies mean bitcoin when they say blockchain is a good question. If they are just creating their own alt-coin then I think they are in for a big disappointment. First they are going to find out that no one is going to spend money on electricity to run their network. Next they will find themselves in direct competition with bitcoin. The consumer then has the choice of a coin that is controlled by a bank, distributed by a bank, priced by a bank, and only works at the bank. Or one could have universal money that works the world over for pennies and can not be controlled by a bank.  Which would you choose?

[RodeoX]

Whether or not these companies mean bitcoin when they say blockchain is a good question. If they are just creating their own alt-coin then I think they are in for a big disappointment. First they are going to find out that no one is going to spend money on electricity to run their network. Next they will find themselves in direct competition with bitcoin. The consumer then has the choice of a coin that is controlled by a bank, distributed by a bank, priced by a bank, and only works at the bank. Or one could have universal money that works the world over for pennies and can not be controlled by a bank.  Which would you choose?

They won't need anyone else to run their network, just pick a custom algorithm and put it on some servers and keep it closed, who else would be able to attack it without knowing the algorithm or why would they care except for malicious purposes.

Absolutely true. However the budget just went up significantly with the need for data centers and all that hardware. Guess who is going to pay for all that? So now I'm paying more for a closed system that does God knows what with my identity. Not a selling point for me. 

[LiteCoinGuy]

Before I forget. Is there any site out there which is separating investments in Bitcoin companies from "Blockchain companies"?
I think a comparison would be really interesting although the big fundings seem to go in Blockchain projects.
"Blockchain projects" --> God I hate it so much!

i only know this one:

http://www.coindesk.com/bitcoin-venture-capital/