[2014-06-04] The Boring Bitcoin Report: Week Of June 2

[Bit_Happy]

Don't worry the article isn't boring, the author is....Oops......Her name is Perianne Boring, does she look boring to you?


The Boring Bitcoin Report: Week Of June 2

The price of bitcoin has been on a tear the past two weeks.  In the week following the annual Bitcoin conference in Amsterdam, bitcoin values jumped as much as 30%.  This week we have continued to watch prices rise an additional 12.5%, from $575 to $647.  The price increases are likely due to new money moving in this space, mostly institutional investors and previous investors increasing their positions in bitcoin. This price hike began just two days after the conclusion of the Amsterdam Bitcoin conference, where many positive predictions about the future of the industry were made...
http://www.forbes.com/sites/perianneboring/2014/06/02/the-boring-bitcoin-report-week-of-june-2/

Let's hope the next few weeks is somehow as exciting as the last two. 

[kjlimo]

Let's hope the next few weeks is somehow as exciting as the last two. 

Amen!  These past couple weeks have gotten my momentum back!  Woohoo!

[Ron~Popeil]

Smart and sexy. That is a dangerous women. 

[alani123]

I see that forbes is taking bitcoin seriously. I'm aware that they cover a huge variety of topics but they're also well known for their financial information. Many wealthy investors use them as their news source. More and more writters of theirs seem to be writing about bitcoin lately. Every time I see an article in their website about bitcoin, it makes me happy. It's certainly good exposure for bitcoin.

Also this amazon patern that mentiones Bitcoin and digital cash payments.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=8719131&OS=8719131&RS=8719131 

You could say that Forbes is now a reliable news source for bitcoin related news.

[Ron~Popeil]

I see that forbes is taking bitcoin seriously. I'm aware that they cover a huge variety of topics but they're also well known for their financial information. Many wealthy investors use them as their news source. More and more writters of theirs seem to be writing about bitcoin lately. Every time I see an article in their website about bitcoin, it makes me happy. It's certainly good exposure for bitcoin.

Also this amazon patern that mentiones Bitcoin and digital cash payments.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=8719131&OS=8719131&RS=8719131 

You could say that Forbes is now a reliable news source for bitcoin related news.

The sparks are becoming flames. Wealthy people are losing the ability to hide their wealth in over seas banks. Bit coin is a natural alternative.

[Bit_Happy]

The sparks are becoming flames.

Yes, I am starting to get more excited than the best part of 2011 (not just about money), and the awesome part of 2011 is hard to beat. 

Wealthy people are losing the ability to hide their wealth in over seas banks. Bit coin is a natural alternative.

I'm not sure how safe that will be, but certainly some people will try.

<off topic>
If the blockchain can help you hide money, then why is Mark K finally in handcuffs and headed off to jail.........Oh wait...
I must be confused, is Mark going to jail soon?

[Ron~Popeil]

The sparks are becoming flames.

Yes, I am starting to get more excited than the best part of 2011 (not just about money), and the awesome part of 2011 is hard to beat. 

Wealthy people are losing the ability to hide their wealth in over seas banks. Bit coin is a natural alternative.

I'm not sure how safe that will be, but certainly some people will try.

<off topic>
If the blockchain can help you hide money, then why is Mark K finally in handcuffs and headed off to jail.........Oh wait...
I must be confused, is Mark going to jail soon?

The wealthy will find their loopholes. They always have. Bit coin is not suddenly going to start cooperating with the IRS so it is a safer haven than foreign banks.