bitcoin

13

DHS Shuts Down Dwolla Payments to and From Mt. Gox

http://betabeat.com

The Department of Homeland Security appears to have shut down the ability to use Dwolla, a mobile payment service, to withdraw and deposit money into Mt. Gox, a Bitcoin trading platform. A Dwolla representative confirmed the move to Betabeat. Chris Coyne, cofounder of OKCupid, posted a screenshot of an email he received from Dwolla, stating that due to recent orders from the Department of Homeland Security, Dwolla cannot complete the bank transfer to Mt. Gox.

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stuntmantdave's picture
Created by stuntmantdave 1 year 14 weeks ago – Made popular 1 year 14 weeks ago
Category: Regulation   Tags:
3

Bitcoin: world's fastest growing currency migrates off the internet

http://www.guardian.co.uk

In Kreuzberg, Berlin, virtual currency Bitcoin has expanded off the internet to become a favoured medium of exchange in real shops and bars. Joerg Platzer, the owner of bar Room 77 is helping to establish what he believes to be the world's first Bitcoin local economy.

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TooNs's picture
Created by TooNs 1 year 16 weeks ago – Made popular 1 year 16 weeks ago
Category: Money   Tags:
4

SilkRoad On The Verge Of Collapse; Suffering Massive Hyperdeflation

http://au.businessinsider.com

We’ve written on the hyperdeflation problem before. Basically, with Bitcoin prices surging, nobody wants to buy anything, you just want to hold onto your Bitcoins. Conversely, when they collapse, nobody wants to sell. So volatility means nobody wants to transact in Bitcoins, because there’s a good chance that the next day someone will feel like a fool.

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Deslock Darkstar's picture
Created by Deslock Darkstar 1 year 16 weeks ago – Made popular 1 year 16 weeks ago
Category: Internet Issues   Tags:
5

The Silk Road is collapsing – did hackers, gov't or Bitcoin kill it?

http://blogs.telegraph.co.uk

At 6am this morning, I got an email from one of my sleazier contacts. It simply said "looks like Silk Road has collapsed". I fired the Tor browser you need to connect to the site and, indeed, it wasn't there.

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Deslock Darkstar's picture
Created by Deslock Darkstar 1 year 16 weeks ago – Made popular 1 year 16 weeks ago
Category: Internet Issues   Tags:
3

Revenue Canada says BitCoins aren't tax exempt

http://www.cbc.ca

Revenue Canada says BitCoins aren't tax exempt

Just in time for tax season, the Canada Revenue Agency says the users of Bitcoins will have to pay tax on transactions in the upstart digital currency.

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Syd Roc's picture
Created by Syd Roc 1 year 16 weeks ago – Made popular 1 year 16 weeks ago
Category: Taxes, Fees & Fines   Tags:
4

Bitcoin Smashes Empires

https://bitcointalk.org

"What follows is my response to a question that was posted on the Rugatu website asking, "What is the legal status of Bitcoin?" After composing this over the course of 10 minutes or so, I realized I liked the response, and decided I want to "polish it up" into a better op-ed style article. Any feedback, positive or negative (though keep it constructive, please) is appreciated.

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Deslock Darkstar's picture
Created by Deslock Darkstar 1 year 17 weeks ago – Made popular 1 year 16 weeks ago
Category: Money   Tags:
3

Follow the money.

Where does the money go when buying bitcoins?
No one in bit-landia seems to know, or are willing to tell. LOL
"Follow the money" is the oldest and wisest saying since currency was invented. Soo, who ends up with all the money used to buy bitcoins???
The miners? The exchanges?
The FED's owners get all the value of the Dollar.
Who ends up with all the value of the bitcoin? Bottom line.

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paulie's picture
Created by paulie 1 year 18 weeks ago – Made popular 1 year 18 weeks ago
Category:   Tags:
5

'Challenging the dollar': Bitcoin total value tops $1 billion

http://rt.com

Already bigger than many sovereign currencies, Bitcoin has broken the $1 billion in value mark this week. In the wake of continuing economic crises and liquidity shortages, this new virtual currency is poised to challenge the euro and US dollar.
By not being tied to any particular financial institution and independent from world governments, Bitcoin will become a safe haven for anyone trying to save their money from the crippled international banking system, claimed Max Keiser, the host of RT's Keiser Report.

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WaxCrax's picture
Created by WaxCrax 1 year 20 weeks ago – Made popular 1 year 20 weeks ago
Category: Money   Tags:
4

Expensify Now Offers Support For Bitcoin, An Alternative To PayPal

http://techcrunch.com

Expensify has announced it is now supporting Bitcoin to give international contractors an alternative to PayPal and the high fees associated with the service.

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roryn3kids's picture
Created by roryn3kids 1 year 21 weeks ago – Made popular 1 year 20 weeks ago
Category: Economics   Tags:
5

Jeff Berwick Announces Opening Of First Bitcoin ATM in Cyprus

http://www.prweb.com

Jeff Berwick, founder of StockHouse.com and CEO of TDV Media, announced Monday his plans to open the world’s first Bitcoin ATM in Cyprus, citing the ongoing bank bailout, bank closures and capital controls now being pushed in that country. According to Berwick, who sold Stockhouse last decade which at the peak of the tech bubble was worth $240 million, Bitcoin ATM has the world’s first software enabling a two-way, automated Bitcoin market.

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roryn3kids's picture
Created by roryn3kids 1 year 21 weeks ago – Made popular 1 year 21 weeks ago
Category: Economics   Tags:

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