Now, however, it starts.
So I do not sell anything
Adding Millions of Bitcoin Users
megaUploadCurrent estimates on how many people use bitcoin range from 2 to 15 million. If even a small percentage of the 200 million previous users join Megaupload 2.0 this could easily multiply the number of real bitcoin users worldwide.
Optimistically, if the platform is anywhere near as successful as the original Megaupload, network effects and a larger population on the internet could drive many 100’s of millions of new users to site before the end of the year. This coupled with Abra’s
recent announcement that their “Uber for money transfers” will be global in a month adds a great case for speculators as well.https://www.goabra.com/blog/going-global-building-worldwide-digital-cash-network-includes-direct-bitcoin-support/
Needham: Banning Does Not Prevent Bitcoin Adoption
By Kevin Helms -
January 20, 2017
Needham & Company LLC, released a note for investors Thursday on the ‘Economic and Financial Turmoil Driving Bitcoin Interest & Adoption’. The note discusses various indicators the firm believes would propel increased bitcoin adoption going forward, such as capital controls, demonetization, hyperinflation as well as bitcoin bans. Some factors may seem negative at first but Needham believes they ultimately drive bitcoin interest and adoption.
"While some countries have either banned bitcoin or enacted prohibitive regulations, we note that the results appear to be the opposite of the intended effect: interest in bitcoin has skyrocketed in some countries that have banned bitcoin."https://news.bitcoin.com/needham-banning-not-prevent-bitcoin-adoption/
Grayscale Investments Files To List Its Bitcoin Trust On NYSE
By Joseph Adinolfi Published January 20, 2017 Markets MarketWatch Pulse
Grayscale Investments has filed to list its Bitcoin Investment Trust on the New York Stock Exchange in a $500 million initial public offering, according to documents submitted to the Securities and Exchange Commission on Friday. Shares of the trust, which presently trades over the counter, have been trading at a premium to the bitcoin price. The trust, which back in 2013 and exclusively invests in bitcoin, is one of the only options available to institutional investors wishing to gain exposure to the currency. http://www.foxbusiness.com/markets/2017/01/20/grayscale-investments-files-to-list-its-bitcoin-trust-on-nyse.html
The Race Is On for a Bitcoin ETF
Grayscale Investments files to list its Bitcoin Investment Trust on NYSE
By Paul Vigna
Updated Jan. 20, 2017 9:08 a.m. ET
The race to get a bitcoin exchange-traded fund in front of retail investors heated up Friday, when a firm run by technology entrepreneur Barry Silbert filed with the Securities and Exchange Commission to list its Bitcoin Investment Trust on the New York Stock Exchange.
The race to get a bitcoin exchange-traded fund in front of retail investors heated up Friday, when a firm run by technology entrepreneur Barry Silbert filed with the SEC to list its Bitcoin Investment Trust on the NYSE.http://www.wsj.com/articles/the-race-is-on-for-a-bitcoin-etf-1484919815