Latest Developments Thread

[stancarrott]

http://www.bloomberg.com/video/can-bitcoin-save-the-post-office-iQx5kWnzQI~iWL2ZmNNm0A.html


Could be huge......

[1715564042]

1715564042

[1715564042]

1715564042

[Serge]

http://www.bloomberg.com/video/can-bitcoin-save-the-post-office-iQx5kWnzQI~iWL2ZmNNm0A.html


Could be huge......

bitcoin exchange in every post office - that would be awesome!   if they go with it it'll take few years tho, WU and PP certainly will follow

[segeln]

BTC-e under serious investigation by Bank of Russia

http://volgoproc.ru/newversion/cgi-bin/run.pl?mod=news.mod&dirmod=mod&func=view&id=2331

No Translation , sorry

[GigaCoin]

http://www.bloomberg.com/video/can-bitcoin-save-the-post-office-iQx5kWnzQI~iWL2ZmNNm0A.html


Could be huge......

USPS accepting Bitcoin as a financial service will be massive. But maybe 2015 not this year

[biafore]

I'm not much of a thread starter, so please go ahead. In the meantime this might also be interesting (if true):

Patrick Byrne retracts statement that Overstock.com will not hold bitcoins, also announces personal investment

http://www.reddit.com/r/Bitcoin/comments/1wl7xp/patrick_byrne_retracts_statement_that/

reddit is blocked by my employer for some reason 
can anyone cut and paste?

I see Im not the only whos at work. lol, living the american dream

[600watt]

http://www.coindesk.com/government-report-not-lagging-bitcoin/

The chair of the Senate Homeland Security and Governmental Affairs Committee

:

“This report has some good news – namely that the United States may not be as far behind the curve on virtual currencies as some have argued,” Carper said. “In fact, the United States might be leading the way for a number of nations when it comes to addressing this growing technology.”

no "we will ban it" rap here. in fact it sounds more like an approval.

[the_sunship]

http://video.foxbusiness.com/v/3147952575001/regulations-coming-to-bitcoin/#sp=show-clips

Ben Lawsky is starting to get it - I'd say this is good news....

[600watt]

http://video.foxbusiness.com/v/3147952575001/regulations-coming-to-bitcoin/#sp=show-clips

Ben Lawsky is starting to get it - I'd say this is good news....

wow, good old ben sounds like a btc enthusiast. when did he buy ? 2011 ?

[JimboToronto]

living the american dream

Wage slave? More like a nightmare.

 

[billyjoeallen]

http://playwithcoin.com/a-land-based-casino-in-cyprus-is-now-accepting-bitcoin/

a casino could also function as an exchange.

[windjc]

http://video.foxbusiness.com/v/3147952575001/regulations-coming-to-bitcoin/#sp=show-clips

Ben Lawsky is starting to get it - I'd say this is good news....

Yes. Now its just a matter of whether they get those regulations out in 2 months or 10. I'm rooting for 2.

[Ducky1]

Wall Street Journal Debuts Dedicated Bitcoin Coverage

http://bitcoinmagazine.com/9927/wall-street-journal-debuts-dedicated-bitcoin-coverage/

[Ducky1]

You Can Now Pay Cash For Bitcoin at 28,000 UK Stores

http://www.coindesk.com/can-now-pay-cash-bitcoin-28000-uk-stores/

[favelle75]

Montreal just got an ATM machine.

[the_sunship]

http://www.marketwatch.com/story/high-speed-link-provider-perseus-to-accept-bitcoin-2014-02-06?link=MW_latest_news

"Bitcoin has taken another step toward inserting itself into the global financial system as Perseus Telecom, a provider of heavy-bandwidth telecommunications connections for securities exchanges and their customers, said it will accept payments in the digital currency."

[Equus]

I miss this TL/DR thread of bitcoin.

For those who have been too busy watching the Olympics to keep up with bitcoin since February 6th:


Over the weekend Mt Gox halted BTC withdrawals, effectively cutting themselves off completely, which made their price fall below those of the other exchanges and also be irrelevant.

https://www.mtgox.com/press_release_20140207.html

On Monday they blamed their withdrawal problems on the malleability of bitcoin transaction ids and said they wouldn't give back their clients coins until the "bug" was fixed.

https://www.mtgox.com/press_release_20140210.html

It turns out that somebody is broadcasting duplicate transactions with different ids to the bitcoin network, either to be malicious or simply to correct transactions that do not conform to the most recent protocol rules.  Mt Gox appear to be the only people whose wallet software can't handle this.

http://beforeitsnews.com/eu/2014/02/the-embarrassing-fact-mtgox-left-out-of-their-press-release-their-bad-code-hygiene-was-the-direct-cause-of-problems-2550398.html

Meanwhile people are panicking, exchanges are halting withdrawals, random market orders are causing flash-crashes to $100/BTC.

You know... Tuesday.

[the_sunship]

western union sinking like the titanic

http://finance.yahoo.com/news/western-union-profit-falls-27-211111068.html

[Adrian-x]

western union sinking like the titanic

http://finance.yahoo.com/news/western-union-profit-falls-27-211111068.html

The irony is these compliance costs (partially responsible for the losses) were lobbied for to keep competition out. Just the cost of maintaining a monopoly.

[billyjoeallen]

http://www.coindesk.com/africas-largest-bank-trials-bitcoin-integration-system/

here come the banks.

[the_sunship]

pretty cool coming from a Citigroup strategist....

http://blog.irvingwb.com/blog/2014/02/reflections-on-bitcoin.html