Daily Archives: January 27, 2015

Transmission 23 - Bitcoin Mining, Cloud Mining w/ Knights of the Satoshi
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By: World Crypto Network

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Transmission 23 - Bitcoin Mining, Cloud Mining w/ Knights of the Satoshi - Video

Bitcoin Prices Spike After News of First Regulated U.S. Bitcoin Exchange
Bitcoin may be getting a boost. Coinbase, a startup that develops a mobile wallet to buy and store the digital currency, announced Monday that it is launching the first licensed Bitcoin exchange...

By: WochitGeneralNews

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Bitcoin Prices Spike After News of First Regulated U.S. Bitcoin Exchange - Video

U.S. Bitcoin Exchange Makes Debut
Bitcoin payments processor Coinbase on Monday opened a regulated exchange in the United States for trading the virtual currency. Launched just days after Coinbase raised $75 million from blue-chip ...

By: WochitBusiness

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U.S. Bitcoin Exchange Makes Debut - Video

Trading on Kraken Bitcoin Exchange with LUXSTACK
Link an exchange to LUXSTACK #39;s mobile app and trade in and out of bitcoin with ease, right from the palm of your hand.

By: LUXSTACK

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Trading on Kraken Bitcoin Exchange with LUXSTACK - Video

Hollywood Beach, Florida (CNNMoney)

The brothers, known for their legal battle with Facebook (FB, Tech30) founder Mark Zuckerberg, believe the controversial cryptocurrency is the payments network of the future. That's despite Bitcoin's 60% plunge in 2014.

They predict Bitcoin's market capitalization could easily skyrocket to at least $400 billion, or roughly the combined size of modern day payments companies like American Express (AXP), Visa (V), MasterCard (MA) and Western Union (WU).

But the Internet entrepreneurs are taking it one step further. They believe Bitcoin could one day morph into a gold-like asset class -- or even surpass it.

"If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market cap," Tyler Winklevoss told CNNMoney. "We do feel those are very real possibilities."

Related: Gold is sexy again as it jumps above $1,300

Reaching over $1 trillion in market cap is hard to fathom, especially because Bitcoin's current market cap is less than $4 billion.

Many skeptics remain convinced Bitcoin was a bubble that will soon die out. Jeffrey Gundlach, the new so-called "bond king," recently said Bitcoin is "on its way to being relegated to the ash heap of digital currencies."

Related: Will Bitcoin ever rebound?

Buying opportunity? Don't tell that to the Winklevii, as they are sometimes called. The twins are huge backers of Bitcoin and stand to profit handsomely if their vision comes true.

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Winklevoss twins: Bitcoin will explode beyond $1 trillion

Hollywood Beach, Florida (CNNMoney)

The brothers, known for their legal battle with Facebook (FB, Tech30) founder Mark Zuckerberg, believe the controversial cryptocurrency is the payments network of the future. That's despite Bitcoin's 60% plunge in 2014.

They predict Bitcoin's market capitalization could easily skyrocket to at least $400 billion, or roughly the combined size of modern day payments companies like American Express (AXP), Visa (V), MasterCard (MA) and Western Union (WU).

But the Internet entrepreneurs are taking it one step further. They believe Bitcoin could one day morph into a gold-like asset class -- or even surpass it.

"If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market cap," Tyler Winklevoss told CNNMoney. "We do feel those are very real possibilities."

Related: Gold is sexy again as it jumps above $1,300

Reaching over $1 trillion in market cap is hard to fathom, especially because Bitcoin's current market cap is less than $4 billion.

Many skeptics remain convinced Bitcoin was a bubble that will soon die out. Jeffrey Gundlach, the new so-called "bond king," recently said Bitcoin is "on its way to being relegated to the ash heap of digital currencies."

Related: Will Bitcoin ever rebound?

Buying opportunity? Don't tell that to the Winklevii, as they are sometimes called. The twins are huge backers of Bitcoin and stand to profit handsomely if their vision comes true.

Continued here:
Winklevoss twins: Bitcoin better than gold