BITCOIN - How to join the Bitcoin world

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Offline Letsbereal

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Offline Letsbereal

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As Obama Asks If He “Should Be Worried” About Bitcoin, ATMs Arrive In 5 Canadian Cities
28 October 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-10-28/obama-asks-if-he-should-be-worried-about-bitcoin-atms-arrive-5-canadian-cities
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Offline Letsbereal

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GOLD, SILVER & BITCOIN: A "Rebel's" Portfolio?
« Reply #42 on: November 02, 2013, 03:45:57 PM »
GOLD, SILVER & BITCOIN: A "Rebel's" Portfolio? http://www.youtube.com/watch?v=bKd2POcT3f8

1 November 2013, SGTbull07
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Offline Letsbereal

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Bitcoins: Liberating Organic Farmers
« Reply #43 on: November 02, 2013, 03:52:59 PM »
Bitcoins: Liberating Organic Farmers http://www.youtube.com/watch?v=fBLpx6gQtUU
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Offline Letsbereal

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Venture Capital: Muslim money & extending Bitcoin influence (E14)
« Reply #44 on: November 03, 2013, 10:54:47 AM »
Venture Capital: Muslim money & extending Bitcoin influence (E14) http://www.youtube.com/watch?v=JB0jTL0iyzM

3 November 2013, RT

Britain is seeking money from the Middle East in its ambition to become the first country outside of the Muslim world to offer an Islamic Bond - Katie Pilbeam asks London based Market Strategist Ishaq Siddiqi if this is the way forward for the finance hub.

The first ever Bitcoin ATM went live this week in a café in Vancouver, Canada.

Does this breakthrough mean that the controversial coin is finally fighting off its critics - Katie asks Moscow based economist Dr William Wilson and Buenos Aires based expert Daniel Bruno for their view on the virtual currency to get a global perspective.

Plus the World Bank props up Russia in its annual 'Doing Business' report, but there's still a long way to go, corporate news and the loveable in-house investor Sean Thomas reveals the latest results of his rather unique style of trading on the ever volatile Russian stock market.
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Offline Letsbereal

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Online Food Ordering with Bitcoins now on Dutch site
« Reply #45 on: November 06, 2013, 01:39:49 AM »
Online Food Ordering with Bitcoins now on Dutch site

http://www.thuisbezorgd.nl/
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Offline Letsbereal

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Bitcoin Spikes To Record High At $270
« Reply #46 on: November 06, 2013, 11:47:36 AM »
Bitcoin Spikes To Record High At $270
6 November 2013
, by Tyler Durdeni (Zero Hedge)
http://www.zerohedge.com/news/2013-11-06/bitcoin-spikes-record-high-270

The last month has seen the USD price of Bitcoins double from $130 to $270 as a combination of wider acceptance (in China and even ebay/Paypal 'watching') and concerns over ongoing global money printing (delayed taper) have sent the cryptocurrency to new record highs.

With most 'markets' now manipulated or repressed by government mandate, one wonders whether Bitcoin represents the last bastion of free market expression for concern at the fiat status quo?

Or is it already 'broken'?



Charts: Bitcoincharts.com
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Offline Letsbereal

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Bitcoin at Record, Senate Seeks to Discuss Virtual Money
« Reply #47 on: November 08, 2013, 04:16:26 PM »
Bitcoin at Record, Senate Seeks to Discuss Virtual Money
8 November 2013
, by Olga Kharif and Max Raskin (Bloomberg)
http://www.bloomberg.com/news/print/2013-11-08/bitcoin-at-record-senate-seeks-to-discuss-virtual-money.html

Bitcoin’s price climbed to a record at $330.01 on the BitStamp online exchange, as U.S. senators scheduled a hearing to discuss the future of the digital money and other virtual currencies.

The U.S. Senate Committee on Homeland Security and Governmental Affairs will meet on Nov. 18 “to explore potential promises and risks related to virtual currency for the federal government and society at large,” it said in a statement today.

The price of Bitcoins has more than doubled even after the closing five weeks ago of the “Silk Road Hidden Website,” where people could obtain drugs, guns and other illicit goods using Bitcoins.

While the digital money lost a third of its value in the days after the website was shut down, it’s becoming an increasingly popular way of paying for goods and services on the Web and in stores that accept the tender.

“Bitcoin is obviously getting a lot of attention from the federal government on the regulatory side,” Nicholas Colas, an analyst at ConvergEx Group, said in an interview.

“Given the involvement of the currency in illegal activities, that is entirely warranted. I expect these hearings to be largely informational, which is good for Bitcoin.”

The hearing, titled “Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies,” will invite witnesses to testify about the challenges facing law enforcement and regulatory agencies, and include views from “non-governmental entities who can discuss the promises of virtual currency for the American and global economies.”

Bitcoin Trade

Bitcoin reached a record on BitStamp, one of the more active Web-based exchanges where the digital money is traded for dollars, euros and other currencies.

Bitcoins were trading at $323 apiece at 12:36 p.m. in New York.

The virtual currency exists as software that’s designed to be untraceable, making it an attractive tender for those seeking to trade anonymously via the Web.

There are about 30 transactions per minute, at an average amount of 16 Bitcoins, according to a report this week by the Federal Reserve Bank of Chicago.

“The architecture of the system is elegant from a computer-science perspective, but hard for a non-tech person to understand,” Colas said.

“Getting industry professionals to close this gap will be very helpful.”
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Offline Letsbereal

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As BitCoin Touches $400 The Senate Starts Seeking Answers... As Does The Fed
« Reply #48 on: November 09, 2013, 04:04:16 PM »
As BitCoin Touches $400 The Senate Starts Seeking Answers... As Does The Fed
9 November 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-09/bitcoin-touches-400-senate-starts-asking-questions-does-fed
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Offline Letsbereal

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As Bitcoin Plunges 25% On Government Scrutiny
« Reply #49 on: November 10, 2013, 06:34:56 PM »
As Bitcoin Plunges 25% On Government Scrutiny, The First BTC "Fair Value" Reco Has A Stunning Price Target
10 November 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-10/bitcoin-plunges-25-government-scrutiny-first-btc-fair-value-reco-has-stunning-price-
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Offline Letsbereal

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Miner to Pay in Bitcoins for Work at Tungsten Project
« Reply #50 on: November 12, 2013, 06:37:33 PM »
Miner to Pay in Bitcoins for Work at Tungsten Project
12 November 2013
, by Eric Lam (Bloomberg)
http://www.bloomberg.com/news/print/2013-11-12/miner-to-pay-in-bitcoins-for-work-at-tungsten-project.html
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Offline Letsbereal

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Bitcoin Tops $400
« Reply #51 on: November 13, 2013, 04:28:16 PM »
Markets In Turmoil – Stocks Sliding As Bitcoin Tops $400
13 November 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-13/markets-turmoil-stocks-sliding-bitcoin-tops-400


Online pay with Bitcoins for workplace
(google trans from Dutch) http://tinyurl.com/orgn54y

ORG http://www.emerce.nl/wire/online-werkplek-betalen-bitcoins
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Offline Letsbereal

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Bitcoin Buzz Arrives in China, but with Familiar Doubts
« Reply #52 on: November 16, 2013, 12:26:14 AM »
Bitcoin Buzz Arrives in China, but with Familiar Doubts
7 November 2013
, by Wu Hongyuran and Zheng Fei - Beijing (Caixin Online)
http://english.caixin.com/2013-11-07/100602058.html

A few investors show interest in the virtual currency, but critics say the geek experiment doesn't have much of a future anywhere
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Offline Letsbereal

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Bitcoin Rises Over $500
« Reply #53 on: November 17, 2013, 01:29:38 PM »
Bitcoin Rises Over $500
17 November 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-17/bitcoin-rises-over-500


Chinese can now buy real estate with Bitcoin
8 November 2013
, (Fin Extra)
http://www.finextra.com/community/fullblog.aspx?blogid=8475
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Offline jerryweaver

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US clamps down on Bitcoin, fears lack of control
« Reply #54 on: November 17, 2013, 03:57:28 PM »


GOV/CORP to the rescue!!
I think this is like gun control. It will make bitcoin more valuable.


https://www.youtube.com/watch?v=pBOLhvuGcPE

Published on May 17, 2013
US authorities have frozen the account of the world's largest Bitcoin exchange, which helps move the customers' cash online.
The booming digital currency has hit bureaucratic blocks ever since its rapid growth came to the attention of government.

Offline pac522

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Re: US clamps down on Bitcoin, fears lack of control
« Reply #55 on: November 18, 2013, 03:26:58 AM »


GOV/CORP to the rescue!!
I think this is like gun control. It will make bitcoin more valuable.

https://www.youtube.com/watch?v=pBOLhvuGcPE

Published on May 17, 2013
US authorities have frozen the account of the world's largest Bitcoin exchange, which helps move the customers' cash online.
The booming digital currency has hit bureaucratic blocks ever since its rapid growth came to the attention of government.



And it's over $600 a coin right now WOOT!
This country did not achieve greatness with the mindset of "safety first" but rather "live free or die".

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Offline iamc2

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Re: How to join the Bitcoin world
« Reply #56 on: November 18, 2013, 04:12:40 AM »
 The Congress or The Con-Mess---is going to have hearings on The Bit-Coin: and we know what that means---" The Bit-Coin" will become: 'The Worthless Coin'
"When the Truth was murdered:
Common Sense ran away..."

Offline jerryweaver

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Re: How to join the Bitcoin world
« Reply #57 on: November 18, 2013, 04:27:55 AM »
The Congress or The Con-Mess---is going to have hearings on The Bit-Coin: and we know what that means---" The Bit-Coin" will become: 'The Worthless Coin'

The more noise Congress makes about bitcoin will only drive it higher in value.

Offline jerryweaver

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Re: How to join the Bitcoin world
« Reply #58 on: November 18, 2013, 06:13:34 AM »
G Edward Griffin on The 100 Yr Old Creature from Jekyll Island

http://www.youtube.com/watch?v=nngocEuPIMc

Published on Nov 12, 2013
Filmmaker and author G Edward Griffin talks about the history of the secret cabal known as the 'Federal Reserve' — how it came about, what it's done and what we can do about it. He also offers his opinion on Bitcoin and Carbon Credit schemes like those being offered by 'Blood & Gore'.

Offline Effie Trinket

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Re: How to join the Bitcoin world
« Reply #59 on: November 18, 2013, 09:43:23 AM »
I hope Bitcoin can remain impossible to stop.  Anything that pisses of the private federal reserve has to be a good thing.

Offline Letsbereal

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Bitcoin Soars Above $600
« Reply #60 on: November 18, 2013, 10:17:12 AM »
Bitcoin Soars Above $600: Rises 20% In One Day Ahead Of Senate Hearing
18 November 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-18/bitcoin-soars-above-600-rises-20-one-day-ahead-senate-hearing
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Offline Effie Trinket

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Re: Bitcoin Soars Above $600
« Reply #61 on: November 18, 2013, 11:01:52 AM »
Bitcoin Soars Above $600: Rises 20% In One Day Ahead Of Senate Hearing
18 November 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-18/bitcoin-soars-above-600-rises-20-one-day-ahead-senate-hearing
"1 ounce of gold = 2.3 bitcoins

1 ounce of silver = .037 bitcoins

Ratios converging, quickly. It will really hinge on the Senate Hearing today."

"Only thing holding back bitcoin from exploding already is it is a freaking pain in the ass to buy them unless you already have established accounts with the popular exchanges, and even then the lag time in transaction actually showing up in your account is glacial."

"localbitcoins.com

Meet a guy in Starbucks, takes ten minutes."

"So who wants to bet that the average Bitcoin is going to wind up being worth more than say, a PCGS slabbed 1889 Carson City Dollar, say MS-60?

Bitcoins have properties that make them by far the most valuable coins on Earth."

Offline Letsbereal

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Live blog of Senate bitcoin hearing
« Reply #62 on: November 18, 2013, 03:29:24 PM »
Live blog of Senate bitcoin hearing

http://blogs.marketwatch.com/capitolreport/2013/11/18/live-blog-of-senate-bitcoin-hearing/



Bitcoin: Everything you need to know, and why you might want in
18 November 2013
, by Cody Willard (MarketWatch)
http://blogs.marketwatch.com/cody/2013/11/18/bitcoin-everything-you-need-to-know-and-why-you-might-want-in/
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Offline Letsbereal

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BitCoin Trades Over $1000 On BTC China Exchange, Crashes Promptly After
« Reply #63 on: November 18, 2013, 08:54:43 PM »
BitCoin Trades Over $1000 On BTC China Exchange, Crashes Promptly After
18 November 2013
,  by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-18/bitcoin-trades-over-1000-btc-china-exchange-crashes-promptly-thereafter
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Offline Letsbereal

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Five virtual currencies other than bitcoin
« Reply #64 on: November 18, 2013, 09:06:22 PM »
Five virtual currencies other than bitcoin
18 November 2013
, by Saumya Vaishampayan (MarketWatch)
http://www.marketwatch.com/story/five-virtual-currencies-other-than-bitcoin-2013-11-18

Bitcoin’s dizzying sprint to record highs has thrust the virtual currency into the spotlight, with interest ranging from high-profile investors to the owner of a pizza shop in Brooklyn.

But the world of virtual currencies isn’t limited to bitcoin, and regulators and government officials have been careful to focus on all virtual currencies in hearings and statements.

Bitcoin is a virtual currency that doesn’t fall under the domain of a central bank.

The virtual currency is created through a process called mining, in which a computer solves a cryptographic problem, and the difficulty of that problem increases over time. The supply of bitcoins is capped at 21 million.

Several virtual currencies are offshoots of bitcoin and are referred to as altcoins, said Jerry Brito, a senior research fellow at the Mercatus Center at George Mason University.

They sprung up as users aimed to fix inefficiencies in the bitcoin code, he said. “These are all forks off the bitcoin code,” said Brito.

“Other people, because it’s an open-source project, are free to take the [bitcoin] code and alter it and launch their own,” he said.

Read on to find out about five more virtual currencies, including some altcoins.

Litecoin

Litecoin is the altcoin with the biggest market capitalization, according to the website coinmarketcap.com. The market cap of litecoin was recently $201.8 million at a price of $8.73, compared to bitcoin’s market cap of $7.38 billion at a price of $614.20, the website showed.

“Altcoins basically take the same bitcoin software and just change the economic parameters,” said Jeff Garzik, a bitcoin core developer. In particular, the litecoin code changed the bitcoin protocol so that it could be efficiently mined by computers owned by regular consumers, as opposed to the computer chips created specifically for cracking these cryptographic problems that are now prevalent in bitcoin mining. Another change has to do with the speed at which the currency is created. The litecoin protocol is designed to create litecoins every 2.5 minutes on average, compared to the 10 minutes on average for bitcoin, said Charlie Lee, the creator of litecoin.

“When I created it, the idea was to create silver to bitcoin’s gold,” said Lee, who now works at the bitcoin company Coinbase. “I wanted to create something that was a bit cheaper in value and easier to transact.”

Peercoin

Peercoin is the second-biggest altcoin with a market cap of $21.2 million at a price of $1.02, according to coinmarketcap.com. While the difference between peercoin and bitcoin gets quite wonky, it has to do with the way in which the system validates the generation of the currency, said Greg Schvey, head of research at the Genesis Block, a bitcoin research firm. “Peercoin is an experiment in distributing the money supply in a different way,” said Garzik. “It’s mined in a different way than bitcoin is mined.”

Freicoin

Freicoin falls much farther down the list of altcoins with a market cap of about $218,828 at a price of 0.68 U.S. cents. One of the issues brought up with bitcoin is the incentive to hoard because of its fixed supply. Freicoin implements a demurrage fee that encourages continued circulation of the currency, according to its website. “Freicoin’s goal as an economic experiment is to encourage you to spend as opposed to hoard your coins,” said Garzik.

Ripple

Ripple is a distinct protocol, as opposed to altcoins. Ripple bills itself as a payment system as well as a currency and distributed currency exchange. The currency units within the Ripple protocol are called ripples. “What ripple is trying to do is to be a protocol like SMTP for moving money,” said Chris Larsen, founder and chief executive of Ripple Labs, referring to the protocol that makes it possible to send emails. “More significant than the idea of a virtual currency is the idea of a value web,” he said.

Linden Dollar

Another distinct virtual currency is the Linden dollar, which first cropped up in 2003 as the currency for the 3-D virtual world Second Life. Linden dollars are used within the virtual world to buy goods and services such as clothes, art and pets. However, Linden Lab, the maker of Second Life, controls how much currency is issued, which ultimately gives the game’s creators the power to manipulate the exchange rate. “This exposed ‘residents’ holding currency to a good deal of political risk,” said Robert Bloomfield, professor at Cornell University’s Johnson Graduate School of Management, who has incorporated the use of Second Life into his curriculum.

But perhaps bitcoin learned from Second Life’s mistake. The creation of bitcoins through mining dilutes the concentration of power, in contrast to the Linden dollar’s reliance on an “autocratic decision maker,” said Bloomfield. A U.S. dollar bought $248 Linden dollars on Sunday, according to Second Life’s LindeX Exchange. — Ben Eisen
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Offline Letsbereal

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Bitcoin not fully thought trough enough yet
« Reply #65 on: November 18, 2013, 09:41:55 PM »
I think it’s to volatile to be a real serious currency right now. People seem to treat it more like a commodity or investment.

They put a cap on the maximum amount of Bitcoins that can be created which begs the question what happens with the value of Bitcoin after that has been established?

I think there could be a much smarter virtual currency which takes into account the amount of people using it in relation with it’s money volume. I am sure that I am not the first one to bring that up.

One could even imagine that next to taking into account the money volume virtual currency growth could take into account the money velocity to prevent it from inflating too much.

Bitcoin is good start, a test if you will, but certainly not fully thought trough enough yet in my opinion.
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Offline Jacob Law

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Re: How to join the Bitcoin world
« Reply #66 on: November 18, 2013, 10:05:21 PM »
I agree with you Letbereal; I am wish I had bought at the $59 amount several months ago, but I just found it a hassle to buy so I didn't I tried several time at 80 and even at 300 just had it fall apart each time; but now the more it goes up I am just sore grapes about. And the systemic problems that you mention really is holding me back, right now I am just going to go with silver, I have a nagging feeling that this Bit Coin isn't going to hold up for many reasons and the NWO being the biggest.
 
What do you under-stand?

Offline Letsbereal

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Bitcoin Gaining Validity Fuels Rally in Virtual Currency
« Reply #67 on: November 19, 2013, 11:31:09 PM »
Bitcoin Gaining Validity Fuels Rally in Virtual Currency: Tech
19 November 2013
, by Olga Kharif (Bloomberg)
Watch Vid: http://www.bloomberg.com/news/2013-11-19/bitcoin-gaining-validity-fuels-rally-in-virtual-currency-tech.html

Excerpt:

Bitcoin’s rally is accelerating as the U.S. Department of Justice’s description of the digital currency as a “legal means of exchange” bolsters the prospect of wider acceptance as an alternative payment system.

Bitcoins, which exist as software and aren’t regulated by any country or banking authority, surged to a record $744 on Bitstamp, an active Web-based exchange where they trade for dollars, euros and other currencies, after the remarks at a hearing by the U.S. Senate’s Homeland Security and Governmental Affairs Committee.

The gains extended an advance that has seen the price of Bitcoins quadruple in the past two months and climb 45-fold so far this year.

Growing interest from investors in China and a limited supply of Bitcoins have also been fueling the increase in price, while last month’s closing of the Silk Road Hidden Website -- where people could obtain drugs, guns and other illicit goods using Bitcoins -- was already spurring speculators to bet Bitcoins would gain more mainstream acceptance.

Now, government agencies from the U.S. Secret Service to the Financial Crimes Enforcement Network have weighed in to say that the virtual currency that’s designed to be difficult to trace has potential benefits, as well as risks.

“These hearings mean Bitcoin is finally coming into its own; it’s a real thing and it’s not going anywhere and these hearings highlight that,” said Jerry Brito, senior research fellow at the Mercatus Center at George Mason University.


Bitcoin to ‘Separate Wheat From Chaff’ to Thrive, Schumer Says
19 November 2013
, by Olga Kharif (Bloomberg)
http://www.bloomberg.com/news/print/2013-11-19/bitcoin-to-separate-wheat-from-chaff-to-thrive-schumer-says.html
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Offline Letsbereal

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Software Code Spied on Users’ Computers, Mined for Bitcoin Currency
« Reply #68 on: November 20, 2013, 01:39:47 AM »
Software Code Spied on Users’ Computers, Mined for Bitcoin Currency http://nj.gov/oag/newsreleases13/pr20131119a.html
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Offline Nailer

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Re: How to join the Bitcoin world
« Reply #69 on: November 20, 2013, 06:28:35 AM »
Bit coin? A digital currency that poof is made from thin air.  No thanks as I want something more physical like gold or silver, even the Federal Fiat dollars you can hold in your hand and say it is real.

I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant.
 
The truth shall set you free, if not a 45ACP round will do the trick.. HEHE

Offline Letsbereal

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Bitcoin Couple Travels the World Using Virtual Cash
« Reply #70 on: November 21, 2013, 05:11:55 AM »
Bitcoin Couple Travels the World Using Virtual Cash - World-Wide Odyssey Spanned Three Continents and Proved One Can Live on Bitcoin Alone
20 November 2013
, by Paul Vigna (The Wall Street Journal)
http://online.wsj.com/news/articles/SB10001424052702303789604579196171277465460
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Offline Letsbereal

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University in Cyprus Becomes First to Accept Bitcoin Payments
« Reply #71 on: November 21, 2013, 05:18:24 AM »
University in Cyprus Becomes First to Accept Bitcoin Payments - Will also offer master’s degree in digital currency
21 November 2013
, by Per Liljas (World Time)
http://world.time.com/2013/11/21/university-in-cyprus-becomes-first-to-accept-bitcoin-payments/
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Offline Letsbereal

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Bitcoin continues to swing without any help from central banks
« Reply #72 on: November 21, 2013, 05:43:09 AM »
Bitcoin continues to swing without any help from central banks
20 November 2013
, by Saumya Vaishampayan (MarketWatch - Blogs)
http://blogs.marketwatch.com/thetell/2013/11/20/bitcoin-continues-to-swing-without-any-help-from-central-banks/
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Offline Lannister

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Re: How to join the Bitcoin world
« Reply #73 on: November 21, 2013, 09:01:46 AM »
mmmmmm kept a stack of 100 coins from the last time it spiked in price.  Sold 50 when it was $800 lately.  Keeping the rest to see what happens next.  Lol buying Silver with the proceeds.

I'll beholding that in my hands that's for sure.

" No thanks as I want something more physical like gold or silver, even the Federal Fiat dollars you can hold in your hand and say it is real."

Offline Donovan

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Re: How to join the Bitcoin world
« Reply #74 on: November 21, 2013, 09:49:51 AM »
Bit coin? A digital currency that poof is made from thin air.  No thanks as I want something more physical like gold or silver, even the Federal Fiat dollars you can hold in your hand and say it is real.



People need to track down exactly who was the first person who create this whole "BitCoin" thing. Because I guarantee that person has become secretly a billionaire (or Trillionaire). With all financial systems (no matter which kind) the people at the top are the ones that profit massively from it.

The whole BitCoin thing stinks of a massive ponzi/pyramid scheme.

Offline Letsbereal

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Bitcoin Or A Bank? Here's How They Stack Up
« Reply #75 on: November 22, 2013, 06:08:34 PM »
Bitcoin Or A Bank? Here's How They Stack Up
22 November 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-11-22/bitcoin-or-bank-heres-how-they-stack
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Offline Letsbereal

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Virgin Galactic to accept bitcoins
« Reply #76 on: November 22, 2013, 06:18:41 PM »
Virgin Galactic to accept bitcoins
22 November 2013
, by Richard Branson (Virgin)
http://www.virgin.com/richard-branson/bitcoins-in-space
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Offline Letsbereal

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BITCOIN: Linked to In-Q-Tel and Inflationary Collapse
« Reply #77 on: November 22, 2013, 06:25:33 PM »
BITCOIN: Linked to In-Q-Tel and Inflationary Collapse http://www.youtube.com/watch?v=Bdvu0U6S-nE

22 November 2013, AMTV
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Offline Letsbereal

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You Can Now Buy a Plane Ticket with Bitcoin
« Reply #78 on: November 22, 2013, 07:02:28 PM »
You Can Now Buy a Plane Ticket with Bitcoin
22 November 2013
, by Michael Krieger (Liberty Blitzkrieg)
http://libertyblitzkrieg.com/2013/11/22/you-can-now-buy-a-plane-ticket-with-bitcoin/
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Offline Letsbereal

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NEWSNIGHT: Bitcoin -- the future, or a bubble waiting to burst?
« Reply #79 on: November 22, 2013, 07:06:38 PM »
NEWSNIGHT: Bitcoin -- the future, or a bubble waiting to burst? http://www.youtube.com/watch?v=VvIaD8LryZ0

22 November 2013, BBC Newsnight

Bitcoin, the subversive virtual currency, is now recognised by the Fed. So what now? Digital currencies bypass government and with it, central banks, regulation and oversight.

It's the thing that makes them so attractive. But does this lack of control, and their volatility, mean currencies like Bitcoin can never replace dollars, pounds and yen?

Finance broadcaster Max Keiser and economist Jeremy Cook, of World First, debate.
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