Daily Archives: May 7, 2014

Bitcoin firm Mt Gox wins brief US bankruptcy protection
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By: Etos Kerja

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Bitcoin firm Mt Gox wins brief US bankruptcy protection - Video

Controversy over #39;discovery #39; of Bitcoin creator
Cnn News 2014,International News 2014,Cnn headline News 2014,World News 2014 today,Libya News 2014,Headlines,Canada News 2014,Online News 2014,News update,Latest News 2014 india,News uk, World...

By: Etos Kerja

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Controversy over 'discovery' of Bitcoin creator - Video

Paris Bitcoin Startups #1

By: Marco Bitcoin

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Paris Bitcoin Startups #1 - Video

Assassination by Bitcoin
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By: AdamKokesh

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Assassination by Bitcoin - Video

#39;Bitcoin outperforms gold, silver, US stock market #39; - entrepreneur
Bitcoin is the world #39;s most popular virtual currency, and brings with it a new breed of digital multi-millionaires. When bitcoin exchange Mt. Gox virtually disappeared, many fortunes were lost....

By: PrimaryNews

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'Bitcoin outperforms gold, silver, US stock market' - entrepreneur - Video

Dark News #009: BTC Black Markets | Multisig Escrow | 2FA Anonymity | Live Q A
Topics: --- 00:01:58 Dogecar 00:02:50 Dark Market Prices 00:05:38 Darkcoin Prices 00:06:40 Crypto-currency Price Trends 00:09:23 MAIDSAFE and SafeCoin 00:12:10 Bitcoin and Black Markets 00:15:11...

By: World Crypto Network

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Dark News #009: BTC & Black Markets | Multisig Escrow | 2FA Anonymity | Live Q&A - Video

The Pros and Cons of Bitcoin - What You Need to Know!
Does it matter that Bitcoins are backed by nothing? What happens when the power goes out? These and other essential Bitcoin questions are addressed by Stefan. More informations about Bitcoin...

By: Joel Sadler

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The Pros and Cons of Bitcoin - What You Need to Know! - Video

After Bitcoin: Cryptocurrencies - where will we be in a year #39;s time?
http://www.totalpayments.org/category/the-future-of-payments/ Where will cryptocurrencies be in a years time? The first in a series of broadcasts on the subject of cryptocurrencies and the...

By: Vaughn Highfield

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After Bitcoin: Cryptocurrencies - where will we be in a year's time? - Video

Bitcoin Shop (OTCQB: BTCS) - RedChip Global Online CEO Conference
Presentation and Investor Q A with Timothy Robert, CEO of Station Digital (OTCQB: ALDV), a multimedia digital broadcast company that offers free music, music. Presentation and Investor...

By: Anne C. Pedrosa

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Bitcoin Shop (OTCQB: BTCS) - RedChip Global Online CEO Conference - Video

Such interest in bitcoin shows how Wall Street could seek to reap benefits touted by bitcoins backers without using the virtual currency itself.

While Jamie Dimon and Warren Buffett express doubts about bitcoin, executives running the financial industrys back offices are looking at mimicking the virtual currencys methods of moving money quickly and cheaply.

FIS, a provider of systems used by banks to handle payments, is examining whether a public ledger like bitcoins could help securely move funds on existing networks, Fred Brothers, the firms chief innovation officer, said in an interview. Fiserv Inc. (FISV), a provider of technology for payments and accounts, is examining bitcoins use of encryption to ensure transfers are secure, said Marc West, a senior vice president.

Such interest shows how Wall Street could seek to reap benefits touted by bitcoins backers without using the virtual currency itself. Bitcoin, proposed by an anonymous programmer or programmers in 2008, has drawn entrepreneurs and retailers looking to popularize it as a low-cost alternative to established payment systems, supplanting credit cards to international wire transfers. Instead, a variety of financial firms might copy its underlying design to hone their own systems or services sold to clients.

Its safe to say that every bank is looking at whats going on with bitcoin and those types of technologies, said Steve Kenneally, a vice president at the American Bankers Association. Most of the larger banks are investigating it. The larger the banks, the further along they are.

Goldman Sachs Group Inc. analysts wrote in a March report that while bitcoins may not make a viable currency, the technology could hold promise. The software relies on a public record of transactions. When someone spends all or part of a bitcoin, the change in ownership is recorded by a global network of computers and posted to the register, ensuring individual units cant be simultaneously held or spent by multiple people. Operators of computers solving and verifying transactions are rewarded with new bitcoins for their work.

Bitcoins are valued at about $435 today, compared with prices of more than $1,100 in December and about $13 at the start of last year, according to CoinDesk, which tracks prices across key exchanges.

Bankers including JPMorgan Chase & Co. (JPM) Chief Executive Officer Dimon, 58, have predicted bitcoins probably wont last after governments subject them to rules and standards akin to those for other payment systems.

I wouldnt be surprised if its not around in 10 or 20 years, Buffett, the 83-year-old billionaire chairman and CEO of Berkshire Hathaway Inc. (BRK/A), told CNBC in March. It does not meet the test of a currency.

Buffetts long-time business partner, Charles Munger, was less charitable this week, telling Fox Business Network that calling bitcoins rat poison would understate his disdain.

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Bitcoin Breakthroughs Seen Copied by Banks Its Meant to Replace