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So tell me, what is new with Bitcoin?

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posted on May, 1 2015 @ 11:48 AM
- Circle Raises $50 Million With Goldman Sachs Support - The Boston-based company drew support from Goldman Sachs and China-based IDG Capital Partners, as well as all of Circle’s pool of existing investors, including Breyer Capital, General Catalyst Partners and Accel Partners.

- Hollywood Studio Lionsgate Films in Talks to Accept Bitcoin

- Hedgy Raises $1.2 Million for Smart Contract-Powered Bitcoin Derivatives

- Western Union: 'Too Early' to Discuss Ripple Labs Pilot Project

- CEX.IO Opens Bitcoin Exchange to US Market - Bitcoin exchange CEX.IO has expanded its operations to the US enabling customers in 23 states to deposit and withdraw fiat currency.

- Bitcoin Could Impact Credit Unions, Report Says - Credit unions may one day find some of their core functions replicated by bitcoin, a new report suggests.

- Remove Satoshi as Founding Member, Says Bitcoin Foundation Director -Bitcoin Foundation director Bruce Fenton has proposed removing all of the organisation's founding members, including bitcoin creator Satoshi Nakamoto.

- Global remittance giant Western Union is reportedly working on a pilot program with decentralized payment protocol provider Ripple Labs.

- Coinbase Launches Bitcoin Exchange in the UK - Bitcoin wallet, exchange and merchant services provider Coinbase has launched in the UK.

All the above stories appear on the front page of Coin Desk .com today.

posted on May, 1 2015 @ 12:49 PM
Somewhere communicated that Bitcoin users are young white employed people, in the West.

Asians like Bitcoin too.

posted on May, 1 2015 @ 01:00 PM
I see it all as hype to increase the activities of the speculators in order to increase the value of Bitcoin. It has been slowly descending in value since the demise of the Mt. Gox exchange, which was manipulating the price.

Bitcoin is ripe with scandal, thefts and its association with illegal activity. IMO, buying Bitcoin for the purpose of capital gains would be a big mistake.

Another price spike like the one that occurred in the later half of 2013 is very unlikely because with numerous exchanges, it is very unlikely that they all will get together to manipulate the price.
edit on 1-5-2015 by eManym because: (no reason given)

posted on May, 5 2015 @ 03:18 AM
Very Scary to think about.

posted on May, 5 2015 @ 03:18 AM
a reply to: Semicollegiate

Everybody loves bitcoin. It's just hard to get your hands on it.

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