finance | Get To Know Bitcoin

Bitcoin’s new investors: ‘change is happening’

On May 19, 2014 / companies, exchange, finance

19 May 2014 / Financial Review – Domenic Carosa is bullish on Bitcoin, which is unsurprising for a digital entrepreneur. Interest in his new $30 million Future Capital Bitcoin Fund “has been extraordinary”, says the one-time BRW Young Rich lister. “Investors may not know exactly where this is

Queensland’s first Bitcoin ATM installed in South Brisbane

On May 17, 2014 / companies, exchange, finance

17 May 2014 / Bisbane Times – “Will you be paying by cash, credit or Bitcoin?” What is believed to be Queensland’s first Bitcoin ATM is up and running at a South Brisbane cafe, allowing customers to withdraw and sell the digital currency. The Roastery Cafe will

Angling to Be the MasterCard of Bitcoin

On May 17, 2014 / companies, exchange, finance, politics

17 May 2014 / WSJ – San Francisco As I drive into San Francisco to meet tech entrepreneur Brian Armstrong, reminders of the California Gold Rush pop up everywhere, from Levi Strauss to the San Francisco 49ers. Various modern gold rushes have periodically swept the area for

Bitcoin consumer platform debuts at Circle, Free $10 of Bitcoin

On May 16, 2014 / companies, exchange, finance, politics

16 May 2014 / USA Today – Want to own some Bitcoin? Better yet, want to be able to spend it on stuff in real-time? Starting Friday at 5:30 a.m. ET, Bitcoin start-up Circle is launching a Web platform that will allow consumers to purchase Bitcoin in

Bitcoin Integration With PayPal Being ‘Actively Considered’ Says eBay CEO

On May 15, 2014 / companies, exchange, finance

15 May 2014 / Independent Business Times – John Donahoe, CEO of ecommerce giant eBay, said he is actively considering an integration of popular digital currency bitcoin with the company’s payment processing service PayPal. In a Q&A session at the company’s annual shareholder meeting on 13 May,

Wait, you take bitcoin? Sure, for Amtrak tickets at this website

On May 15, 2014 / companies, exchange, finance

15 May 2014 / LA Times – Using bitcoin as a currency to pay for travel has taken a few steps forward. CheapAir last week announced that its users may now use bitcoin to pay for Amtrak tickets besides airline tickets and hotel rooms. And a new

Li Ka-shing boosts bitcoin investments amid currency crackdown in China

On May 15, 2014 / companies, exchange, finance, politics

15 May 2014 / South China Morning Post – Asia’s richest man Li Ka-shing has boosted his investment in bitcoin, in a vote of confidence for the beleaguered digital currency, amid a crackdown on its widespread popularity in China. Despite the price of a bitcoin tumbling from

Could One Bitcoin Come To Be Worth $1 Million? Q&A

On May 15, 2014 / companies, exchange, finance, politics

15 May 2014 /Investopedia – According to the official Bitcoin protocol, the number of BTC (the Bitcoin currency symbol) that can ever be mined into existence is capped at 21 million BTC. That’s it. Currently, just under 13 million are in circulation. Because of its finite supply, Bitcoin

Ready to invest in a bitcoin hedge fund?

On May 14, 2014 / companies, exchange, finance, politics

14 May 2014 / Investement News – More than seven times as volatile as the S&P 500, bitcoin has minted numerous millionaires but also lost about half its value in the past five months. Are you up for what could be a wild ride? If so, a

Show Me the Money: More Businesses Accepting Bitcoin as Currency

On May 14, 2014 / companies, exchange, finance

14 May 2014 / NY1 – Bitcoin burning a hole in your virtual wallet? Turns out you can spend it in more places than you might think. NY1’s Tara Lynn Wagner filed the following report. “September of last year, we had about 10,000 merchants. Now we’ve got

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