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Author Topic: [BREAKING NEWS] Google Bought Blockchain.info  (Read 3425 times)
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June 23, 2017, 09:48:48 PM
 #1

http://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

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June 23, 2017, 10:11:57 PM
 #2

This only further proves that bitcoin is here to stay and big players are taking it increasingly serious. Good for them, but im not interested in online wallets. Looks like Blockchain.info motto is "be your own bank". But you can't be your own bank if you are giving them your private keys... they are being the bank.

Download Bitcoin Core and run a full validating node, that is how you are your own bank. Everything else is an imitation of that.

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June 23, 2017, 10:16:34 PM
 #3

Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

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June 23, 2017, 10:19:39 PM
 #4

A quick look into the link and even reading the article suggest otherwise that  blockchain.info is being bought by Google what happen is just raising capital from individuals and companies that believes in the project and as a worthy if note, its normal for companies to raise capital in other to meet current challenge and blockchain.info doing so is not out of the ordinary and also a testament to the durability of bitcoin like someone have rightlg stated.

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June 23, 2017, 10:45:20 PM
 #5

This is really a good news for bitcoin users and we will see a large price increase these coming months. and i think today is a good time to buy bitcoins before its late google will trying to spread and promoting bitcoin all over the internet since google is a big company it can be help a lot to get more impression and to get more trust from people.

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June 23, 2017, 10:48:25 PM
 #6


WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.
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June 23, 2017, 10:56:44 PM
 #7

At least google isn't avoiding bitcoin like paypal is.   It would be sweet if they partnered up someday and bring the tech into android pay with fiat as collateral escrow or such.

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June 23, 2017, 10:58:44 PM
 #8

Even that it is an investment not a bought, it still good news I think. That shows Bitcoin is getting more and more attention.
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June 23, 2017, 10:59:28 PM
 #9

Fake news, please read the nees carefully
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June 23, 2017, 11:14:35 PM
 #10

The title just like a click bait to made everyone panic about the blockchain.info, Some are misinterpreted about the real news in the article. The blockchain invested 40 million to the blockchain start up.
Not to buy the blockchain itself. The Google tries to push the more money to develop the future system or technology.  Tongue

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June 23, 2017, 11:18:07 PM
 #11

WOW this is actually a good news! Smiley
Very good indeed.
I hope this will bring down price to $900

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June 23, 2017, 11:18:53 PM
 #12

An investment firm related to Google has invested in one of Blockchain.info's funding rounds, the last of which was in 2014.

At least google isn't avoiding bitcoin like paypal is.   It would be sweet if they partnered up someday and bring the tech into android pay with fiat as collateral escrow or such.
PayPal is not "avoiding Bitcoin", in the slightest.  Instead, they're trying hard to stay relevant in comparison.

Not "avoiding Bitcoin", just "not Bitcoin".  Key distinction there.

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June 24, 2017, 12:18:07 AM
 #13

An investment firm related to Google has invested in one of Blockchain.info's funding rounds, the last of which was in 2014.

At least google isn't avoiding bitcoin like paypal is.   It would be sweet if they partnered up someday and bring the tech into android pay with fiat as collateral escrow or such.
PayPal is not "avoiding Bitcoin", in the slightest.  Instead, they're trying hard to stay relevant in comparison.

Not "avoiding Bitcoin", just "not Bitcoin".  Key distinction there.

Thats where we disagree.   They stop being 'just "not Bitcoin"' the moment they began to actively prohibit it.

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June 24, 2017, 02:13:21 AM
 #14


WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.

these ethereum guys always do this! you only have to have a G or I in your companies name for them to start saying Google, IBM is investing in bitcoin, ethereum. see his last comment in this topic how he advertised investment in ethereum in line with bitcoin.

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June 24, 2017, 02:22:00 AM
 #15

Its a fake news,i cant even find on google about that article.  And seems some members already believing about this hoax.
We should be more aware about this fake news that is rising everyday..

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June 24, 2017, 02:34:37 AM
 #16

Its a fake news,i cant even find on google about that article.  And seems some members already believing about this hoax.
We should be more aware about this fake news that is rising everyday..

It is an exaggerated news.  Some one that is related to google investing on the blockchain independently  makes OP thought that the whole google invested on it.  It was just an arm that decide independently that invested on it.  Though it still can bring impact to bitcoin interests since people or company that is related to google thinks that investing to Bitcoin is one good thing.  I just wish that OP should made the fact straight because it made people to think that it is only a clickbait.

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June 24, 2017, 02:37:42 AM
 #17

Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

This is true for the current situation. We need to diversify our capital into different categories before the train take off. 2k usd for bitcoin looks expensive now, but in the future, it could be a dream price.

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June 24, 2017, 02:53:18 AM
 #18


WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.

Quote
Blockchain, a bitcoin wallet start-up, has raised $40 million led by venture capital firm Lakestar, Google's investment arm GV, and billionaire Richard Branson, the company said on Thursday.

Exactly. Even in the link itself it is mentioned Blockchain raised $40 million. Google's investment wing GV has invested in Blockchain not bought it. Blockchain would use the funds to expand it's team, invest in research and development, and open offices in different countries. Hope they would use some part of this fund to fix the bugs  and make the wallet more user friendly.

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June 24, 2017, 02:53:30 AM
 #19

Lol. You can't own the blockchain. That's the entire point of Bitcoin so noone controls it and it is decentralized. You talking about Google centralizing the blockchain. You can see this is nonsense news I even knew it would be just reading the title. What is the point of creating this thread ? FUD ? Market control ?

Crypto is going mainstream.

This is the last call to get cheap BTC, ETH, or any crypto really.

We have now passed the rubicon.

This is true for the current situation. We need to diversify our capital into different categories before the train take off. 2k usd for bitcoin looks expensive now, but in the future, it could be a dream price.

It's always a good time to buy bitcoins !!  Grin

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June 24, 2017, 02:57:42 AM
 #20

This only further proves that bitcoin is here to stay and big players are taking it increasingly serious. Good for them, but im not interested in online wallets. Looks like Blockchain.info motto is "be your own bank". But you can't be your own bank if you are giving them your private keys... they are being the bank.

Download Bitcoin Core and run a full validating node, that is how you are your own bank. Everything else is an imitation of that.

Blockchain.info is not only an online wallet, it is the block explorer that most people use and they run a full node of their own.

Now Google owns a full node, even if indirectly

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