Topic: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) - page 110. (Read 259656 times)

Here's another decent bullish bitcoin article with some overview analysis of today's price and discussing the current state of bitcoin..

In sum, it is saying that BTC prices could go up or down from here, but in the long term seem to be a good bet to go up further.

Seems pretty well written, even for a newbie to bitcoin to get some ideas from this.

https://99bitcoins.com/why-is-bitcoin-going-up/

Even I will concede that the article that is attached in the below linked reddit thread is quite a bit more optimistic than myself, but it still gives some decent discussion of bitcoin developments and potentiality in the Caribbean.

http://www.reddit.com/r/Bitcoin/comments/4tyfqu/bitcoin_expected_to_become_part_of_everyday_life/

Even though I have not read the book:

Digital Gold,


it seems to be a very informative book related to bitcoin.


Also, if anyone has a free link to the movie, "the end of money as we know it," I would be interested in watching the free version of such movie.  

Below is a link to the trailer:


 
https://www.youtube.com/watch?v=lUF6klWuB38
 

I may be the eternal optimist, so be forwarned, but I see the stability in the slow growth in price after the halving as a long term good sign.    If there were massive volatility in price gyrations it would be a sign Bitcoin was seen as a vehicle to make money from the volatility as opposed to a store of wealth with intrinsic value.

With the about 2% upwards BTC price bump in the past several hours (prices currently floating in the $678 to $680 territory), I was kind of in the mood for some bullish news, and maybe the below article will need to be sufficient, at least in that the article discusses manners in which governmental and financial institutions are having to consider various strategies in respect to the categorization and treatment of bitcoin.

http://www.reddit.com/r/Bitcoin/comments/4ta70j/bitcoin_is_forcing_the_irs_and_central_banks_hands/

First China, and now Russia.  Perhaps even the controlled economies can see the advantage of a universal currency.

http://www.newsbtc.com/2016/07/13/russian-political-party-proposes-legalize-bitcoin-property-rights/



Russian Political Party Proposes to Legalize Bitcoin
Posted on 4:07 pm July 13, 2016 Author Joseph YoungCategories Bitcoin News
2



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Titov Boris, the Presidential Commissioner for Entrepreneurs’ Rights in Russia and the Leader of Right Cause party, is trying to lead the Party of Growth to create clear and transparent legal regime and regulations for cryptocurrencies including Bitcoin.

The Party of Growth, which represents liberal free market economy and democracy, believes that the Bitcoin blockchain technology is developing rapidly around the world, including Russia. The party proposes to legalize Bitcoin mining and officially recognize Bitcoin property rights.

During an interview with TASS, a Russian news agency which has worked closely with various Russian government organizations for well over a century, Boris stated the importance of cryptocurrencies such as Bitcoin in the economy of Russia and its impact on the finance industry.

“We [Party of Growth] estimate that over 2 million Russian citizens have opened their own Bitcoin wallets,” stated Boris. He further emphasized that the Bitcoin blockchain technology and its merits could positively contribute to the struggling economic situation of the nation.

“Russia can take advantage of the difficult economic situation Russia is dealing with today by opening up to the blockchain technology,” continued Boris.

With the help of Titov Boris, the Party of Growth will make changes to the law on foreign investments to attract foreign investors to invest in Bitcoin startups and mining firms in Russia. Boris hints that the party could convince the government to remove restrictions on investments in Bitcoin to spur the growth of the digital currency in the country.

The Party of Growth also plans to utilize the Bitcoin blockchain to conduct conventional government operations. Specifically, Boris explained that using the timestamp of Bitcoin transactions, the Russian court can secure their records and data onto a irrefutable decentralized ledger.

Over the past few years—despite several appearances of Russian president Vladimir Putin on national television to discuss the legality of Bitcoin in Russia—Russia still hasn’t establish any form of regulations or clarifications on the status of digital currencies and the rights to use them to settle financial transactions.

The statement of the Party of Growth and Titov Boris will lead the Russian government to officially recognize Bitcoin as an asset and allow Russian citizens to trade the digital currency without dealing with unsettled policies.

Image Source


http://www.newsbtc.com/2016/07/13/russian-political-party-proposes-legalize-bitcoin-property-rights/

I wouldn't expect to much from him.He is the typical hype guy!
Furthermore he is stil being fighting extradition to the US.He also had to leave his mansion some while ago due to monetary problems.
Not sure who is willing to back him up for future projects in such a critical situation.

Kim dotcom has been working on a decentralised mega for a couple of years now.

hmm,  megaupload had around 100 million people using it if i remember this correctly. So when Megaupload 2.0 comes online and bitcoin is big part of it then we are going to see a big big raise in value i am sure. LEts hope is not all busllhit

Enjoy 

If you were logged into their site during the minute or two following the first block of the halvening, there were fireworks going off, too, on the page... COOL!

good morning buddy
today i found this

https://www.google.nl/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=28&cad=rja&uact=8&ved=0ahUKEwjatpef787NAhWLJcAKHTXdCPw4FBCpAgg-KAAwBw&url=http%3A%2F%2Fwww.business.com%2Ffinance%2Fdigital-bank-wb21-is-accepting-bitcoin-deposits%2F&usg=AFQjCNEgqDVUU7dShoyCx1-SsxOYbCK8yw&bvm=bv.126130881,d.ZGg

have a nice day

http://www.coindesk.com/china-virtual-property-definition-bitcoin/


hm... i have to take back my bold "news of the year" claim.


bitcoin not mentioned in the draft.

https://news.bitcoin.com/china-recognize-bitcoin-peoples-rights/

I hope the following source is allowed to be posted.
If not just delete it.But I think it's really big news. User 600watt already took up on that issue.



chinese source: http://www.8btc.com/minfa

https://twitter.com/cnLedger/status/747593573017673728

i just stumbled over the potential bullish news OF THE YEAR (if true!) (sorry fakhoury   )

(forum member elwar pointed it out in the wall observer thread.)

http://btckan.com/news/topic/20469



if true, china is legalizing bitcoin. full blown. last bubble collapsed 2013 because china unofficially banned bitcoin. if no more "china-bans-bitcoin" damocles sword is hanging over bitcoin, rockets will ignite.

The article linked within the below linked reddit thread, describes very large increases in local bitcoin trade volume occurring in several countries, and notes that Norway's volume has nearly doubled.



http://www.reddit.com/r/Bitcoin/comments/4q77xt/new_records_in_localbitcoins_volumes_in_several/


Seems sufficiently bullish to me, and worthy of addition to this thread.  Furthermore, increased trade volume seems to imply the potential for increases in the price - except if the increased trade volume were coming from folks wanting to dump their BTCs.