Archive for the finance Category

The Rise Of Bitcoin: Is It A Solution Or Menace?

The Rise Of Bitcoin: Is It A Solution Or Menace?

24 Nov 2013 / Business Insider – Celine Sotelo “likes to be on the cutting edge,” so she was intrigued when a friend this summer touted the virtues of a new kind of money called Bitcoin. She downloaded the software that would allow her family-owned floral shop/cafe to

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Why Bitcoin Went Bananas This Week

Why Bitcoin Went Bananas This Week

23 Nov 2013 / Motley Fools – Bitcoin may have just had its biggest breakout week ever. Surviving two Senate panels, impaired exchanges, and political tweets, Bitcoin is on an upward trend. Here’s a recap of the previous week. Monday The online cryptocurrency hit a new all-time

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Bitcoin mania in three charts

Bitcoin mania in three charts

22 Nov 2013 / Market Watch – The Internet just can’t get enough of bitcoin. That much was apparent this week, which kicked off with two Senate hearings on virtual currencies. While the hearings included many questions about bitcoin’s potential for criminal activity, the Treasury Department’s Jennifer

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KwikDesk, An Ephemeral Messaging Platform, Mulls Introducing Bitcoin

KwikDesk, An Ephemeral Messaging Platform, Mulls Introducing Bitcoin

22 Nov 2013 / Tech Crunch – An interesting idea sprouted up this week called KwikDesk, dubbing itself as a “Snapchat Meets Twitter.” The service allows anyone to send self-destructing messages into the ether with tags, which can be used to later dig them back up in

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No, Bitcoin isn’t the Segway of currencies

No, Bitcoin isn’t the Segway of currencies

22 Nov 2013 / Washington Post – The Atlantic’s Matthew O’Brien is one of the Internet’s smartest commentators on economic policy. But like a lot of economics writers, he’s been slow to appreciate the disruptive potential of Bitcoin, the Internet’s first completely open payment network. O’Brien says

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Bitcoin beginning to go mainstream

Bitcoin beginning to go mainstream

21 Nov 2013 / USA Today – From a Los Angeles travel agency to a European university, businesses have begun to embrace Bitcoin as mainstream currency An online travel agency in Los Angeles and a European private university have begun accepting payments in the popular virtual currency

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Bitcoin trading and investing strategies as prices go crazy

Bitcoin trading and investing strategies as prices go crazy

21 Nov 2013 / Market Watch – Bitcoin is acting a bit cr-oizy. Well, more than a bit crazy, that bitcoin has swung from $350 to $900 in the past ten days. Just today, bitcoin has traded from $450 to $750 on Mt. Gox and other exchanges. Volatility,

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Bitcoin now accepted as tuition payment at a Cyprus university

Bitcoin now accepted as tuition payment at a Cyprus university

21 Nov 2013 / LA Times – The University of Nicosia in the island nation of Cyprus will accept the virtual currency Bitcoin as payment for tuition and other school fees. The largest university in Cyprus said it will also offer a master’s degree in digital currency

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Shut up and take my bitcoins! A map of Bitcoin-friendly businesses

Shut up and take my bitcoins! A map of Bitcoin-friendly businesses

20 Nov 2013 / Washington Post – The Jeep dealership in Overland Park, Kan. looks just like any other — rows of shiny new cars filling up a gigantic lot, with a spacious indoor showroom to one side. What you wouldn’t know from walking by on the street,

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Early Bitcoin Buyers Are Bragging And Posting Pics Of The Tons Of Money They’ve Made

Early Bitcoin Buyers Are Bragging And Posting Pics Of The Tons Of Money They've Made

20 Nov 2013 / Business Insider – Bitcoin has rallied about 75% in the past week, fueled by Chinese demand as well as increasing acceptance in Washington. And it now stands at around $700. In 2010, Bitcoin’s value spent the year fluctuating between a fraction of a

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