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Topic: Latest Developments Thread - page 5. (Read 13455 times)

hero member
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January 21, 2014, 12:30:49 PM
#83
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January 21, 2014, 03:17:35 AM
#82
Very interesting news from Switzerland. Swiss bankers now advising rich clients to invest in virtual currency.

http://www.financialexpress.com/news/wef-2014-swiss-banks-devise-new-cash-strategies-including-bitcoins-for-rich-clients-from-india-others/1219554

hero member
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January 20, 2014, 04:24:28 PM
#81
DLD14 - Bitcoin: Bubble or Boom? (Jeremy Allaire, Barry Silbert, Olaf Acker)

http://www.youtube.com/watch?v=WMilJzD3pL0&feature=youtu.be

(I have started to wonder if "loaded" can be Jeremy Allaire, any thoughts)
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January 20, 2014, 01:27:22 PM
#80
After all the badly-researched articles regarding Bitcoin, full of half-truths and outright rubbish, a refreshing change!

http://www.forbes.com/sites/kitconews/2014/01/20/bitcoin-network-is-here-to-stay-montreal-economic-institute/


sr. member
Activity: 448
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
January 19, 2014, 06:03:21 PM
#79
It's a bit counterintuitive, but something Bitcoiners don't think about enough is that if Bitcoin and other cryptocurrencies become generally accepted as mediums of exchange, then they are actually inflationary, as they are private currencies being issued in addition to the fiat coming from the Central Bank.

I;d be happy to discuss this elsewhere -perhaps I will make a thread in Economics subforum.


please do, this is a subject i have always been interested in but consistently gets shouted down
full member
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January 19, 2014, 05:37:52 PM
#78
Financial Times - FT Alphaville have been writing about Bitcoin for over two years. http://ftalphaville.ft.com/tag/bitcoin/

Isabella Kaminska, whose work I am otherwise a great fan of, does not seem to like Bitcoin much - pointing to its extreme Gini coefficient and other problems as indicative of its undesirability. She does write about it fairly regularly though.

The most interesting thing they've covered most recently is some thoughts on how Bitcoin and other crypto currencies are a possible solution to the Zero Lower Bound - and so in fact are assisting QE. It's a bit counterintuitive, but something Bitcoiners don't think about enough is that if Bitcoin and other cryptocurrencies become generally accepted as mediums of exchange, then they are actually inflationary, as they are private currencies being issued in addition to the fiat coming from the Central Bank.

I;d be happy to discuss this elsewhere -perhaps I will make a thread in Economics subforum.

hero member
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January 19, 2014, 04:18:52 PM
#77
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January 19, 2014, 01:39:55 PM
#76
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January 19, 2014, 01:26:01 PM
#75
http://www.pfhub.com/porn-could-be-set-to-catapult-bitcoin-into-mainstream-adoption-306/

Some more catapulting into the mainstream about to happen.
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January 19, 2014, 07:22:08 AM
#74
http://www.theepochtimes.com/n3/458540-bitcoin-is-poised-to-shake-the-world-are-you-paying-attention/

Bitcoin is Poised to Shake the World: Are You Paying Attention?

He he!  Cheesy
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January 18, 2014, 07:14:38 AM
#73
http://www.forbes.com/sites/kellyphillipserb/2014/01/17/uk-bows-to-pressure-likely-to-reverse-course-on-taxation-of-bitcoin-will-the-us-be-next/

“… Indications are the HMRC would also make Bitcoin subject to the capital gains tax (CGT) but allow an exemption for those who hold onto them for more than a year (the equivalent of an extremely, extremely favorable long term capital gains rate). Other taxes would likely not apply.”

Love it, just love it!!!

The UK is going to reward HODLERS handsomely!!!  Ha ha ha!   Cheesy
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January 18, 2014, 01:31:02 AM
#72
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January 17, 2014, 09:45:45 AM
#71
http://www.ibtimes.co.uk/hmrc-re-classify-bitcoin-private-money-1432718

HMRC in Great Britain IS re-classifying Bitcoin as private money, setting up the City of London as a future leading hub of the Bitcoin world!!


The green shoots of spring are everywhere to be found, yet the almighty Karhu dances all over the top of them.


Give up thy Bitcoins



Seek ye refuge in thee alms of Karhu

$785, a significant bid wall on Bitstamp has been struck, I aint trying to trade it though cos things are far too tight to compete with the bots whose programs are telling them the market is going down....Grind down to $765 is next, and when that falls, then it will be the low $700s, hopefully with a bit of volatility so I can trade fruitfully amongst the bots.

That's a good idea! Wheel Karhu out again! He'll turn this thing around for us! LOL  Cheesy
hero member
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January 17, 2014, 09:44:03 AM
#70
http://www.ibtimes.co.uk/hmrc-re-classify-bitcoin-private-money-1432718

HMRC in Great Britain IS re-classifying Bitcoin as private money, setting up the City of London as a future leading hub of the Bitcoin world!!


The green shoots of spring are everywhere to be found, yet the almighty Karhu dances all over the top of them just the same.


Give up thy Bitcoins



Seek ye refuge in thee alms of Karhu



$785, a significant bid wall on Bitstamp has been struck, I aint trying to trade it though cos things are far too tight to compete with the bots whose programs are telling them the market is going down....Grind down to $765 is next, and when that falls, then it will be the low $700s, hopefully with a bit of volatility so I can trade fruitfully amongst the bots.
legendary
Activity: 1652
Merit: 1016
January 17, 2014, 09:42:19 AM
#69
http://www.ibtimes.co.uk/hmrc-re-classify-bitcoin-private-money-1432718

HMRC in Great Britain IS re-classifying Bitcoin as private money, setting up the City of London as a future leading hub of the Bitcoin world!!


Excellent news. Though don't expect banks to play nicely with Bitcoin businesses.
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January 17, 2014, 07:55:52 AM
#68
http://www.ibtimes.co.uk/hmrc-re-classify-bitcoin-private-money-1432718

HMRC in Great Britain IS re-classifying Bitcoin as private money, setting up the City of London as a future leading hub of the Bitcoin world!!
legendary
Activity: 2772
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Duelbits.com
January 16, 2014, 03:22:03 PM
#67


The Sacramento Kings basketball team will become the first major professional sports franchise to accept bitcoin in return for its products, marking a symbolically important step in the virtual currency's bid to achieve mainstream acceptance.

"The way I saw it, bitcoin had reached a tipping point where it had crossed from being a curiosity to a becoming a legitimate form of doing commerce," said Sacramento Kings owner Vivek Ranadivé, explaining his decision to allow payments in the virtual currency. Mr....

http://online.wsj.com/news/articles/SB10001424052702304603704579323352532979922?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304603704579323352532979922.html
hero member
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January 16, 2014, 02:53:54 PM
#66
http://www.stockhouse.com/opinion/independent-reports/2014/01/16/how-washington-is-ruining-recovery

"This is necessary from the vantage point of the hedge funds who need a dull, uneventful market in order to quietly build a substantial position. Don't be surprised, then, if Bitcoin posts an underwhelming performance for a while."

I give you exactly 1 week hedge funds!  Cheesy
hero member
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January 16, 2014, 02:49:46 PM
#65
http://qz.com/167817/someones-refrigerator-just-took-part-in-a-malicious-cyberattack/

Fridges being groomed into botnets.

Only a matter of days before these fridge botnets begin mining bitcoins.

It's a bonus for the botnet controllers because then they could put the coins directly into cold storage. He he ... Ha ha... Ho ho ho!!!  Cheesy
hero member
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January 16, 2014, 01:46:33 PM
#64
http://www.coindesk.com/uk-tax-authority-hmrc-reclassify-bitcoin-private-currency/

Very interesting indeed for Brits.

And I agree with the assessment of TMF Global. Classifying Bitcoin as private money would fit Conservative government policy nicely... And make the City of London a competitive Bitcoin hub!  Smiley
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