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Author Topic: [BREAKING NEWS] Google Bought Blockchain.info  (Read 3423 times)
khufuking
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June 24, 2017, 10:40:16 AM
 #41

The title is wrong it is just an investment not a buy . What is really amazing is a lot of people replying did not even bother to

 check the link to the news or others posted and just blindly trust the title .  Roll Eyes


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June 24, 2017, 11:02:20 AM
 #42

I see someone is an expert in clickbait titles Grin

I really don't know how to they have this many signups and revenue. They show ads? People are still being redirected to these online wallets, which is sad. I'd throw them my money if they developed something with more features and that lets you control your own keys. Also funny thing, this is the first time I've heard Richard Branson being late in investing in something... Cheesy
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June 24, 2017, 11:17:28 AM
 #43

I see someone is an expert in clickbait titles Grin

I really don't know how to they have this many signups and revenue. They show ads? People are still being redirected to these online wallets, which is sad. I'd throw them my money if they developed something with more features and that lets you control your own keys. Also funny thing, this is the first time I've heard Richard Branson being late in investing in something... Cheesy

You are definitely right. Many fake news are arising and those important news have been sometimes completely neglected because of this fake / clickbait post.

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June 24, 2017, 11:20:20 AM
 #44


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.

If you are the investment arm of Google, which GV is, you are not independent of Google. That's not how it works on that level. That's like saying that the Attorney General of the United States is independent of the President. Google and companies of that size would like it to appear that way for the purpose of assigning blame to someone else should something go wrong, but trust me, Google approved what GV did before GV did it.
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June 24, 2017, 11:28:15 AM
 #45

Read the article correctly and you will see that the title is extremely misleading. Google has no bought blockchain.info, an investment firm that is related to google is the one who paid that sum of money. I was pretty excited when I saw this topic but I am pretty dissapointed at the moment. I don't know whether OP is trying to clickbait us or he truely didn't understand what the article was saying. Either way, google is not buying blockchain.info.

It would be really good if they did though. The Bitcoin price would instantly skyrocket.

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June 24, 2017, 11:41:44 AM
 #46

That type of news doesn't bring any positive result regarding to flourish bitcoin everywhere, that fake news also bring negative trust across the potential users of bitcoin. Bitcoin is becoming a popular and trusted currency day by day so it doesn't need any fake information in order to promote it... Bitcoin is Bitcoin..

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June 24, 2017, 11:45:06 AM
 #47

Putting aside the fact that we have a wrong title and they did not buy anything, I think it's still great news.
They have invested in it, which means they see its potential, and Google is quite picky with their investments. Before they put their money out there are weeks if not months of market analysis and groups of people are working on it and submitting reports to the board, that finally decides what to do. Blockchain is going to grow like crazy.

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June 24, 2017, 01:11:38 PM
 #48

Not bad. Getting $40 million for a Bitcoin site offering a free service with almost no chance of profitability is surely a good way to keep the party going. Richard Branson and Google will not get back that "investment" back anymore.

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June 24, 2017, 01:22:53 PM
 #49

Even though it's clearly a misleading title any investment in crypto currencies companies is the best way the most mistrust people start using it as payment medium.
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June 24, 2017, 01:43:01 PM
 #50

Nice to hear this and another proved that bitcoin has come to stay. Big boy are seriously bought into bitcoin and crytocurrency in general. This will create growth in the near by future. I see bitcoin became adopted all over the world and the early you buy and hold the better.

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June 24, 2017, 01:50:25 PM
 #51

Not bad. Getting $40 million for a Bitcoin site offering a free service with almost no chance of profitability is surely a good way to keep the party going. Richard Branson and Google will not get back that "investment" back anymore.
It means that Google and Branson are interested in bitcoin, and BTC is really the next big thing.
News like this brings more credibility to BTC and bolster bitcoin position among non-bitcoin users.

I hope with this additional $40 million Blockchain.info will evolve and fix all their issues. $40 million is really nifty amount to spend on research development.
Recently Blockchain fall from grace as the most reliable web wallet and hopefully, they would regain spot among top wallets on https://bitcoin.org/en/choose-your-wallet

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June 24, 2017, 02:10:41 PM
 #52

what i really find funny is companies that have been around for 6 years still being referred to as "start-ups"

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June 24, 2017, 03:11:35 PM
 #53


Considering it was posted by a legendary member, I am bit surprised to see that op choose not to read the link, it clearly says Google investment arm and not Google, for a matter of fact this are two different entities and putting the title as Google only helped them sold the article, op should have read it in full. Though it's good Bitcoin us getting recognition, I hope it shows some positive results and Bitcoin price shoots up.
It indeed worries the mind when supposed seasoned members of this forum drives us right into a ditch by their poor understanding or interpretation of goings-on in industry! In this case, blockchain.info was never up for sale, an investment arm of Google only expressly demonstrated Google's rising interest in Bitcoin and that is exactly what is good news. Many more companies are sure on their way!

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June 24, 2017, 03:17:58 PM
 #54


Such a news for crypto users. If you have some account in that site then I guess you will be monitored too. Google will now have some information about you.
Google always keep some information form their users and I'm not going to be surprised soon that they will start accepting BTC advertising on their adword program which they don't allow few years ago.


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June 24, 2017, 04:26:22 PM
 #55


That's really a good news for the crypto users as mainstream users are getting interested about bitcoin and investing money in to it. IT will help the network to slowly move to the mainstream business. However, the legal status of bitcoin is still not clear to many countries. I hope such investment news from mainstream names will help bitcoin to pave its way.


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rizkyhiw
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June 24, 2017, 08:13:47 PM
 #56

The title is wrong it is just an investment not a buy . What is really amazing is a lot of people replying did not even bother to

 check the link to the news or others posted and just blindly trust the title .  Roll Eyes
actually bitcoin.com reported 3 days ago , 1 day ahead from what cnbc did ,
look at this https://news.bitcoin.com/bitcoin-wallet-blockchain-info-raises-40-million-from-well-known-investors/ ,
it's more clear rather than cnbc news i guess ,
but the point is bitcoin business increasingly taken into consideration, let's wait for a couple years what happened to cryptomarket hmm.
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June 24, 2017, 08:17:56 PM
 #57

Google didn't buy Blockchain.info, there was an investment made in Blockchain.info. Two very different things.

And this isn't incredible news either, Silicon Valley companies have been investing in Bitcoin and Blockchain companies since the beginning. Many of the earliest developers are current or ex-Silicon Valley folks.

The investment in Bitcoin originated in Silicon Valley!

From 2015: https://www.fastcompany.com/3046417/when-bitcoin-went-to-silicon-valley

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June 24, 2017, 11:10:42 PM
 #58

Is this true??? I didn't heard anything like this and no news coverage about this. May be it's a fake news.

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June 24, 2017, 11:16:32 PM
 #59

The moment I saw the thread title, I came up quickly into Google search but find different. And for comments here, we can say what's this all about. And aside from that, Im surprised because that is considered a big news and expecting lots of related threads will be made at any various sections here in the forum.

For me, it doesn't matter if it's fake or not. If it will happened then just go with the flow.


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June 24, 2017, 11:19:25 PM
 #60

Not possible.
This would mean the blockchain is centralized which it can never be.
That is not what Satoshi N. had envisioned his creation to become.

Try again please. Embarrassed

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