Archive for the finance Category

Bitcoins Alliance India advices public to keep off, seeks legal clarity

Bitcoins Alliance India advices public to keep off, seeks legal clarity

05 Jan 2014 / Economic Times – MUMBAI: Against the backdrop of RBI warning the public over highly speculative virtual currencies, a bitcoin traders’ body has sought clarity

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Bitcoin Tops $1,000 Again on Adoption by Zynga

Bitcoin Tops $1,000 Again on Adoption by Zynga

05 Jan 2014 / Bloomberg – The price of Bitcoin surpassed $1,000 again on the Mt.Gox exchange, after Zynga Inc. (ZNGA) said it would start accepting the virtual currency for some of its online social games as the digital money becomes more widely used. Bitcoins, which exist

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Now Even Some Girl Scouts Are Accepting Bitcoin

Now Even Some Girl Scouts Are Accepting Bitcoin

04 Jan 2014 / Motherboard – Bitcoin knows no boundaries. An entrepreneurial—and tech savvy—group of girl scouts has decided to accept Bitcoins as well as regular greenbacks at their pop-up coffee shop, according to a Twitter user who found a photo of it on Reddit. The little ladies have

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Five years of Bitcoin in one post

Five years of Bitcoin in one post

04 Jan 2014 / Washington Post – The world’s first fully decentralized cryptographic financial network, Bitcoin, launched five years ago today. The years since then have been a wild ride. The currency’s value has risen from nothing to billions of dollars, and millions have been invested in

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Zynga Links Up With BitPay For A Bitcoin Payment Test In Web Games

Zynga Links Up With BitPay For A Bitcoin Payment Test In Web Games

04 Jan 2014 / TechCrunch – Gaming giant Zynga has started to accept the cryptocurrency as a payment option for those buying tokens for virtual goods on the web versions of FarmVille 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles, Hidden Shadows and CityVille. It makes Zynga the first

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Bitcoin Set to Boom in Latin America

Bitcoin Set to Boom in Latin America

03 Jan 2014 / Panama Post – Bitcoin is no longer insignificant. Initially derided by most as a gimmick, the current market value of all bitcoins in circulation is an estimated US$10 billion.[1] On Friday, November 29, 2013, the value of a single bitcoin peaked at $1137. To

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James Delingpole: Those bitcoin weirdos might just be right

James Delingpole: Those bitcoin weirdos might just be right

03 Jan 2014 / The Spectator – Here’s a thought to kindle a lovely warm glow of smugness and schadenfreude as we enter a new year: you didn’t lose your fortune in the great bitcoin bubble of 2013. The reason I know you didn’t is because few

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Robocoin, The Bitcoin ATM, Is Heading To Hong Kong And Taiwan

Robocoin, The Bitcoin ATM, Is Heading To Hong Kong And Taiwan

03 Jan 2014 / TechCrunch – The first shipping bitcoin ATM, Robocoin, is landing in Hong Kong and Taiwan as the company expands its reach this January. They are planning further releases in Europe, Canada, and the US but, given Asia’s clout in the BTC markets, this

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Get a piece of the Bitcoin action: How easy is it to lay your hands on the virtual currency?

Get a piece of the Bitcoin action: How easy is it to lay your hands on the virtual currency?

03 Jan 2014 / Independent – New cultural phenomena are constantly vying for our attention. I find this exhausting, so I do my best to ignore most of them. But occasionally the sheer weight of opinion, conjecture and discussion forces me to set aside my prejudices and

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Real estate brokerage Bond New York now accepts Bitcoin

Real estate brokerage Bond New York now accepts Bitcoin

02 Jan 2014 / Inman.com – In what may be a first for a traditional real estate firm, Manhattan-based brokerage Bond New York has announced it will now accept Bitcoin as payment for real estate transactions. “Bitcoin is a convenient and inexpensive way for our customers to

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