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It's been a wild week for bitcoin, which sold off heavily last weekend, falling to around $5,500.

The price dip last weekend came after an upgrade to the bitcoin network, SegWit2x, which was planned for November 16, was called off.

If the upgrade took place, it would have caused what is known as a "Hard fork," causing a new bitcoin spin-off to be formed.

Two previous forks have already happened earlier this year, leading to the creation of bitcoin cash and bitcoin gold.

David Farmer, director of communications at Coinbase, said on a blog post that a "Small number of miners may attempt to go forward with a fork." A miner is a key part of the bitcoin network.

If a fork happens, holders of bitcoin will receive the newly-created cryptocurrency called "Bitcoin2x" for free, essentially giving them free money. 
Regulators in some countries have also cracked down on bitcoin trading, with China banning bitcoin exchanges. #forex #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa #thecryptograph
It's been a wild week for bitcoin, which sold off heavily last weekend, falling to around $5,500. The price dip last weekend came after an upgrade to the bitcoin network, SegWit2x, which was planned for November 16, was called off. If the upgrade took place, it would have caused what is known as a "Hard fork," causing a new bitcoin spin-off to be formed. Two previous forks have already happened earlier this year, leading to the creation of bitcoin cash and bitcoin gold. David Farmer, director of communications at Coinbase, said on a blog post that a "Small number of miners may attempt to go forward with a fork." A miner is a key part of the bitcoin network. If a fork happens, holders of bitcoin will receive the newly-created cryptocurrency called "Bitcoin2x" for free, essentially giving them free money. Regulators in some countries have also cracked down on bitcoin trading, with China banning bitcoin exchanges. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #forex #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #thecryptograph #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
23
1
A wealthy Turkish businessman has become a victim of extortion after showing off his riches on social media.

The gang reportedly extorted cryptocurrency from a wealthy business who had been flashing his cash on social media websites.

According to local newspapers, the criminals posed as police, followed the victim to his car before bundling him into the back of a van.

The gang were less effective at covering their movements than they were at extorting the funds, however.

Following a report being filed with law enforcement by the victim, police were able to quickly identify the members of the criminal network using CCTV surveillance cameras in the area.

Having gathered sufficient evidence, the police moved in as the gang were preparing a second extortion job.

Following the arrest of the members of the gang, HaberTurk, a Turkish news source reported that the ringleader has been sentenced to 30 years behind bars.
#forex #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa #thecryptograph #news
A wealthy Turkish businessman has become a victim of extortion after showing off his riches on social media. The gang reportedly extorted cryptocurrency from a wealthy business who had been flashing his cash on social media websites. According to local newspapers, the criminals posed as police, followed the victim to his car before bundling him into the back of a van. The gang were less effective at covering their movements than they were at extorting the funds, however. Following a report being filed with law enforcement by the victim, police were able to quickly identify the members of the criminal network using CCTV surveillance cameras in the area. Having gathered sufficient evidence, the police moved in as the gang were preparing a second extortion job. Following the arrest of the members of the gang, HaberTurk, a Turkish news source reported that the ringleader has been sentenced to 30 years behind bars. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #forex #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #thecryptograph #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
44
2
(BREAKING) ❗️ - - ZURICH - Swiss financial markets authority FINMA has found that the Swiss subsidiary of U.S. investment bank JPMorgan broke anti-money laundering rules, a Swiss court document showed.

REUTERS/Stephanie Keith FINMA ruled on June 30 that JPMorgan Switzerland had "Seriously infringed" regulatory oversight provisions, according to a ruling issued by the Federal Administrative Court on Nov. 8 and published on Thursday.

The court had been examining whether FINMA's previously undisclosed decision on JPMorgan could be made public, in a case first reported by the Handelszeitung paper.

Both FINMA and JPMorgan declined to comment on FINMA's ruling and it was unclear what action, if any, the regulator had taken against JPMorgan.

FINMA is not authorized to levy fines, but may confiscate unlawfully realized gains, impose professional limitations on bankers or require an organization to make changes to prevent similar breaches recurring. "In support of that, we have made and continue to make significant enhancements to the firm's AML program to ensure we are meeting regulatory expectations. Because this FINMA resolution from June 2017 is not public, we cannot provide further details." #forex #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
(BREAKING) ❗️ - - ZURICH - Swiss financial markets authority FINMA has found that the Swiss subsidiary of U.S. investment bank JPMorgan broke anti-money laundering rules, a Swiss court document showed. REUTERS/Stephanie Keith FINMA ruled on June 30 that JPMorgan Switzerland had "Seriously infringed" regulatory oversight provisions, according to a ruling issued by the Federal Administrative Court on Nov. 8 and published on Thursday. The court had been examining whether FINMA's previously undisclosed decision on JPMorgan could be made public, in a case first reported by the Handelszeitung paper. Both FINMA and JPMorgan declined to comment on FINMA's ruling and it was unclear what action, if any, the regulator had taken against JPMorgan. FINMA is not authorized to levy fines, but may confiscate unlawfully realized gains, impose professional limitations on bankers or require an organization to make changes to prevent similar breaches recurring. "In support of that, we have made and continue to make significant enhancements to the firm's AML program to ensure we are meeting regulatory expectations. Because this FINMA resolution from June 2017 is not public, we cannot provide further details." #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #forex #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
50
2
Shaun W. Bridges, 35, of Laurel, Md., was sentenced to 24 months in prison by U.S. District Judge Richard Seeborg in San Francisco following his earlier guilty plea to one count of money laundering.

Judge Seeborg ordered that the sentence be served consecutively to a previous sentence that Bridges is currently serving.

Bridges had been a Special Agent with the U.S. Secret Service for approximately six years in the Baltimore Field Office.

Bridges' responsibilities included, among other things, conducting forensic computer investigations in an effort to locate, identify and prosecute targets of the Baltimore Task Force, including Ross Ulbricht, aka "Dread Pirate Roberts," who ran the Silk Road from the Northern District of California.

In 2015, Bridges was arrested and taken into custody on charges related to the theft of approximately 1,600 bitcoin from a digital wallet belonging to the U.S. government.

According to admissions made in connection with his guilty plea, Bridges admitted to using a private key to access a digital wallet belonging to the U.S. government, and subsequently transferring the bitcoin to other digital wallets at other bitcoin exchanges to which only he had access.

As part of his plea, Bridges agreed to turn over the stolen bitcoin to U.S. agents. #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #lilyallen #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase
Shaun W. Bridges, 35, of Laurel, Md., was sentenced to 24 months in prison by U.S. District Judge Richard Seeborg in San Francisco following his earlier guilty plea to one count of money laundering. Judge Seeborg ordered that the sentence be served consecutively to a previous sentence that Bridges is currently serving. Bridges had been a Special Agent with the U.S. Secret Service for approximately six years in the Baltimore Field Office. Bridges' responsibilities included, among other things, conducting forensic computer investigations in an effort to locate, identify and prosecute targets of the Baltimore Task Force, including Ross Ulbricht, aka "Dread Pirate Roberts," who ran the Silk Road from the Northern District of California. In 2015, Bridges was arrested and taken into custody on charges related to the theft of approximately 1,600 bitcoin from a digital wallet belonging to the U.S. government. According to admissions made in connection with his guilty plea, Bridges admitted to using a private key to access a digital wallet belonging to the U.S. government, and subsequently transferring the bitcoin to other digital wallets at other bitcoin exchanges to which only he had access. As part of his plea, Bridges agreed to turn over the stolen bitcoin to U.S. agents. #apple #bitcoin #fuckbitcoins #crypto #newyork #california #money #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #lilyallen #google #bitcoinnews
25
0
Mark Karpeles, the former head of what was for a time the world's largest Bitcoin exchange, could wind up profiting handsomely from the portal's ignominious 2014 collapse.

Mt. Gox was one of the first convenient platforms for buying and selling Bitcoin online.

Much like a bank, it retained direct control of the Bitcoin that belonged to many of its users.

According to the Wall Street Journal, Karpeles could make in the neighborhood of $1 billion from the bankruptcy, thanks to Japanese law's treatment of the Gox Bitcoins.

Mt. Gox later recovered some of the allegedly hacked cryptocurrency, and still holds 202,195 Bitcoins, now worth around $1.5 billion.

At a Sept. 27 hearing, Karpeles' lawyer argued that those market gains belonged primarily to the collapsed Bitcoin exchange, not to the users who lost them years ago.

According to the Journal's calculations, based on a higher Bitcoin price earlier this week, selling off Mt. Gox's remaining Bitcoin holdings at today's prices while paying back creditors at April 2014 prices could leave a $977 million surplus. #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa
Mark Karpeles, the former head of what was for a time the world's largest Bitcoin exchange, could wind up profiting handsomely from the portal's ignominious 2014 collapse. Mt. Gox was one of the first convenient platforms for buying and selling Bitcoin online. Much like a bank, it retained direct control of the Bitcoin that belonged to many of its users. According to the Wall Street Journal, Karpeles could make in the neighborhood of $1 billion from the bankruptcy, thanks to Japanese law's treatment of the Gox Bitcoins. Mt. Gox later recovered some of the allegedly hacked cryptocurrency, and still holds 202,195 Bitcoins, now worth around $1.5 billion. At a Sept. 27 hearing, Karpeles' lawyer argued that those market gains belonged primarily to the collapsed Bitcoin exchange, not to the users who lost them years ago. According to the Journal's calculations, based on a higher Bitcoin price earlier this week, selling off Mt. Gox's remaining Bitcoin holdings at today's prices while paying back creditors at April 2014 prices could leave a $977 million surplus. #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
23
0
(BREAKING News❗️) - - The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin.

A Square spokesperson said in a statement: "We're always listening to our customers and we've found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." screenshot Square Cash is piloting a Bitcoin buy and sell feature For now, the app only allows these users to buy, sell and hold Bitcoins, but not to make payments to friends with the cryptocurrency, which is the app's primary function with dollars.

Bitcoin is the original cryptocurrency and has soared in value this year to seven times what it was worth on January 1.

Its value could be poised to increase further, as Bitcoin futures launch soon, bringing more institutional money into the market.

As any seasoned Bitcoiner will tell you, the market is highly unpredictable.
#bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa
(BREAKING News❗️) - - The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin. A Square spokesperson said in a statement: "We're always listening to our customers and we've found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." screenshot Square Cash is piloting a Bitcoin buy and sell feature For now, the app only allows these users to buy, sell and hold Bitcoins, but not to make payments to friends with the cryptocurrency, which is the app's primary function with dollars. Bitcoin is the original cryptocurrency and has soared in value this year to seven times what it was worth on January 1. Its value could be poised to increase further, as Bitcoin futures launch soon, bringing more institutional money into the market. As any seasoned Bitcoiner will tell you, the market is highly unpredictable. #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
24
1
According to the local exchange Golix, the price of bitcoin has risen almost 10 percent in Zimbabwe on news of the coup.

Zimbabwe hasn't had its own currency since 2009 when hyperinflation wiped out the local dollar.

In October, Steve Hanke, an economics professor at Johns Hopkins University in the United States, who has written a book about the country's 2008 crisis, warned of hyperinflation returning to Zimbabwe.

Real inflation in Zimbabwe was 313 percent annually and 112 percent on a monthly basis despite the official 0.78 percent in September.

Hanke called the statistics a "Truly fantastical piece of artwork." "Zimbabwe, welcome back to the record books! You have once again entered the inglorious world of hyperinflation. It is a world of economic chaos, wrenching poverty and death," said Hanke.

Zimbabwe's army seized power on Wednesday in a military coup.
#bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
According to the local exchange Golix, the price of bitcoin has risen almost 10 percent in Zimbabwe on news of the coup. Zimbabwe hasn't had its own currency since 2009 when hyperinflation wiped out the local dollar. In October, Steve Hanke, an economics professor at Johns Hopkins University in the United States, who has written a book about the country's 2008 crisis, warned of hyperinflation returning to Zimbabwe. Real inflation in Zimbabwe was 313 percent annually and 112 percent on a monthly basis despite the official 0.78 percent in September. Hanke called the statistics a "Truly fantastical piece of artwork." "Zimbabwe, welcome back to the record books! You have once again entered the inglorious world of hyperinflation. It is a world of economic chaos, wrenching poverty and death," said Hanke. Zimbabwe's army seized power on Wednesday in a military coup. #apple #bitcoin #fuckbitcoins #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
30
0
(Reddit u/basedkaizen) - - What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987.

This is significant because of the mechanics of market prices and the future potential of market prices.

Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side.

The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market.

So first thing: prepare for that eventual crash, I suspect it'll take 1-3 years to create the conditions for an extreme sell side due to leveraging.

Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then.

The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core.

I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god. #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
(Reddit u/basedkaizen) - - What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987. This is significant because of the mechanics of market prices and the future potential of market prices. Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side. The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market. So first thing: prepare for that eventual crash, I suspect it'll take 1-3 years to create the conditions for an extreme sell side due to leveraging. Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then. The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core. I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
30
1
Blockchain - otherwise known as distributed ledger technology - allows vast amounts of data to be stored on a dispersed network of computers around the world, rather than on one centralized server.

A number of other financial institutions have been experimenting with distributed ledger projects, including JPMorgan, UBS, Credit Suisse, Barclays and HSBC. "This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday.

American Express' blockchain project will initially allow customers in the U.S. to connect instant, traceable cross-border non-card payments to U.K. Santander bank accounts.

Ripple CEO Brad Garlinghouse said that its blockchain network would allow the business customers of financial services firms to move money in "Real-time." "We're taking a huge step forward with American Express and Santander in solving the problems corporate customers experience with global payments. Transfers that used to take days will be completed in real-time, allowing money to move as fast as business today," Garlinghouse said in a statement Thursday. "The technology we have developed, it separated a connection from the cryptocurrency or the token. So what that means is that a bank or non-bank like AMEX can use Ripple to connect and just exchange value from one fiat currency to another directly, without the need for any intermediate blockchain currency." Some banking executives have raised concern about cryptocurrencies in recent weeks.

Last month, UBS CEO Sergio Ermotti told CNBC he was "Not necessarily" a believer in cryptocurrencies but that he saw a future for blockchain. #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
Blockchain - otherwise known as distributed ledger technology - allows vast amounts of data to be stored on a dispersed network of computers around the world, rather than on one centralized server. A number of other financial institutions have been experimenting with distributed ledger projects, including JPMorgan, UBS, Credit Suisse, Barclays and HSBC. "This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday. American Express' blockchain project will initially allow customers in the U.S. to connect instant, traceable cross-border non-card payments to U.K. Santander bank accounts. Ripple CEO Brad Garlinghouse said that its blockchain network would allow the business customers of financial services firms to move money in "Real-time." "We're taking a huge step forward with American Express and Santander in solving the problems corporate customers experience with global payments. Transfers that used to take days will be completed in real-time, allowing money to move as fast as business today," Garlinghouse said in a statement Thursday. "The technology we have developed, it separated a connection from the cryptocurrency or the token. So what that means is that a bank or non-bank like AMEX can use Ripple to connect and just exchange value from one fiat currency to another directly, without the need for any intermediate blockchain currency." Some banking executives have raised concern about cryptocurrencies in recent weeks. Last month, UBS CEO Sergio Ermotti told CNBC he was "Not necessarily" a believer in cryptocurrencies but that he saw a future for blockchain. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
25
1
ZUG, Switzerland/NEW YORK - Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "Initial coin offering," in which new digital currency is parcelled out to buyers.

The acrimonious dispute pits Tezos' two young founders - Arthur and Kathleen Breitman - against Johann Gevers, the president of a Swiss foundation the couple helped establish to handle the coin offering and promote and develop the Tezos computer network.

Kathleen Breitman, co-founder & CEO of Tezos, participates in the panel discussion Kathleen Breitman, co-founder & CEO of Tezos.

In a written statement sent to Reuters, the Breitmans reiterated their accusations against Gevers and said they acted "In accordance with all applicable laws and regulations." They said their priority "Remains the successful launch of the Tezos network." Hundreds of millions of dollars are at stake: The Tezos digital coins, called "Tezzies," are already priced at a hefty premium in futures trading even though they don't yet exist.

The launching of the Tezos network, which will trigger the coins' release, has been delayed.

Under the terms of the Tezos coin offering, there's no guarantee participants will ever receive a single Tez.  #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
ZUG, Switzerland/NEW YORK - Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "Initial coin offering," in which new digital currency is parcelled out to buyers. The acrimonious dispute pits Tezos' two young founders - Arthur and Kathleen Breitman - against Johann Gevers, the president of a Swiss foundation the couple helped establish to handle the coin offering and promote and develop the Tezos computer network. Kathleen Breitman, co-founder & CEO of Tezos, participates in the panel discussion Kathleen Breitman, co-founder & CEO of Tezos. In a written statement sent to Reuters, the Breitmans reiterated their accusations against Gevers and said they acted "In accordance with all applicable laws and regulations." They said their priority "Remains the successful launch of the Tezos network." Hundreds of millions of dollars are at stake: The Tezos digital coins, called "Tezzies," are already priced at a hefty premium in futures trading even though they don't yet exist. The launching of the Tezos network, which will trigger the coins' release, has been delayed. Under the terms of the Tezos coin offering, there's no guarantee participants will ever receive a single Tez.   #apple #bitcoin #fuckbitcoins #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
24
0
A residential developer is selling a large site in North Park and is accepting digital currency, including Bitcoin, as payment.

Cushman & Wakefield, the real estate firm handling the listing, said it was the first time they knew of a seller who was accepting cryptocurrency, typically considered a more volatile form of payment.

Sequoian will accept Bitcoin, the world's most popular cryptocurrency, and Ethereum, the second-most popular.

Alex Pellegrino, partner at Sequoian, said cryptocurrency's encryption makes him feel like it is safer than a bank and prefers a buyer pay with it.

Pellegrino said if the buyer uses some cryptocurrency, his company will likely use a 1031 Tax Exchange, a method where proceeds can be reinvested in another property.

The first ever single-family home purchase in Bitcoin took place in September in Austin, said CNBC. The buyer and seller used BitPay, a bitcoin service provider in Atlanta, to convert Bitcoins to U.S. dollars.

A $1.6 million land sale in Lake Tahoe took place using Bitcoin in 2014, CNBC said.
#bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #lilyallen #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa
A residential developer is selling a large site in North Park and is accepting digital currency, including Bitcoin, as payment. Cushman & Wakefield, the real estate firm handling the listing, said it was the first time they knew of a seller who was accepting cryptocurrency, typically considered a more volatile form of payment. Sequoian will accept Bitcoin, the world's most popular cryptocurrency, and Ethereum, the second-most popular. Alex Pellegrino, partner at Sequoian, said cryptocurrency's encryption makes him feel like it is safer than a bank and prefers a buyer pay with it. Pellegrino said if the buyer uses some cryptocurrency, his company will likely use a 1031 Tax Exchange, a method where proceeds can be reinvested in another property. The first ever single-family home purchase in Bitcoin took place in September in Austin, said CNBC. The buyer and seller used BitPay, a bitcoin service provider in Atlanta, to convert Bitcoins to U.S. dollars. A $1.6 million land sale in Lake Tahoe took place using Bitcoin in 2014, CNBC said. #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #lilyallen #google #usa #bitcoinnews
18
0
One of the largest hedge funds in the world might hop on the bitcoin trade. 
Luke Ellis, the CEO of Man Group, the UK-based investor with $95 billion in funds under management, said the firm would include bitcoin in its "investment universe" if bitcoin futures successfully launch, according to a Reuters report. 
Ellis said during the Reuters Global Investment Outlook Summit in the UK that cryptocurrencies "are an interesting thing." "It’s not part of our investment universe today – it could be," Ellis said. "If there is a CME future on bitcoin, it would be." CME announced at the end of October that it would launch a bitcoin futures product by year-end. On Monday, CME chairman and CEO Terry Duffy said such a product would likely be ready by the second-week of December. 
The launch of bitcoin futures by an established exchange will likely translate into wider participation in bitcoin trading by other Wall Street firms since such firms are already plugged into their systems for other products. It will also likely dampen volatility for the coin, which is known for its wild price swings.  #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #lilyallen #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk
One of the largest hedge funds in the world might hop on the bitcoin trade. Luke Ellis, the CEO of Man Group, the UK-based investor with $95 billion in funds under management, said the firm would include bitcoin in its "investment universe" if bitcoin futures successfully launch, according to a Reuters report. Ellis said during the Reuters Global Investment Outlook Summit in the UK that cryptocurrencies "are an interesting thing." "It’s not part of our investment universe today – it could be," Ellis said. "If there is a CME future on bitcoin, it would be." CME announced at the end of October that it would launch a bitcoin futures product by year-end. On Monday, CME chairman and CEO Terry Duffy said such a product would likely be ready by the second-week of December. The launch of bitcoin futures by an established exchange will likely translate into wider participation in bitcoin trading by other Wall Street firms since such firms are already plugged into their systems for other products. It will also likely dampen volatility for the coin, which is known for its wild price swings.   #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #lilyallen #google #bitcoinnews
20
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Coinbase appeared in federal court today to continue the fight for our customers' privacy rights.

Nearly one year ago, the IRS initiated proceedings to obtain copies of essentially all our U.S. customers' records for the three-year period 2013-2015.

Coinbase has persistently opposed the government's summons, not because we were looking to pick a fight, but because we felt it was important to stand up for our customers and the industry.

In response to Coinbase's continuing fight, the IRS significantly reduced the scope of the summons to approximately 14,000 customers.

Although this 97% reduction in impacted customers is a big win for our customers, the IRS still took Coinbase to court to obtain a sweeping set of customer records.

Today we argued, even as narrowed, the summons is still unjustified and invasive to our customers.

We expect to hear more in the coming days and will keep customers updated.  #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #lilyallen #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase
Coinbase appeared in federal court today to continue the fight for our customers' privacy rights. Nearly one year ago, the IRS initiated proceedings to obtain copies of essentially all our U.S. customers' records for the three-year period 2013-2015. Coinbase has persistently opposed the government's summons, not because we were looking to pick a fight, but because we felt it was important to stand up for our customers and the industry. In response to Coinbase's continuing fight, the IRS significantly reduced the scope of the summons to approximately 14,000 customers. Although this 97% reduction in impacted customers is a big win for our customers, the IRS still took Coinbase to court to obtain a sweeping set of customer records. Today we argued, even as narrowed, the summons is still unjustified and invasive to our customers. We expect to hear more in the coming days and will keep customers updated.   #apple #bitcoin #fuckbitcoins #crypto #newyork #california #money #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #lilyallen #google #bitcoinnews
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It turns out Ethereum founder Vitalik Buterin might have been right to suggest popular Bitcoin investment platform, BitConnect, has been running a Ponzi scheme after all: the UK Registrar of Companies has threatened to shut down the dodgy platform and dissolve its operation.

BitConnect has two months to prove “cause to the contrary” until the decision has been formally enforced, according to an official filing on the British Companies House website. Should the company fail to comply with these terms, the government agency will strike off its registration and seize its assets. “Upon dissolution all property and rights vested in, or held in trust for, the company are deemed to be bona vacantia, and accordingly will belong to the crown,” the document reads. Many have speculated that BitConnect likely stashes its funds abroad, though there is no evidence to back this up. #bitconnect #scam #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love
It turns out Ethereum founder Vitalik Buterin might have been right to suggest popular Bitcoin investment platform, BitConnect, has been running a Ponzi scheme after all: the UK Registrar of Companies has threatened to shut down the dodgy platform and dissolve its operation. BitConnect has two months to prove “cause to the contrary” until the decision has been formally enforced, according to an official filing on the British Companies House website. Should the company fail to comply with these terms, the government agency will strike off its registration and seize its assets. “Upon dissolution all property and rights vested in, or held in trust for, the company are deemed to be bona vacantia, and accordingly will belong to the crown,” the document reads. Many have speculated that BitConnect likely stashes its funds abroad, though there is no evidence to back this up. #apple #bitcoin #fuckbitcoins #crypto #newyork #california #money #cryptocurrency #invest #iphone #iphonex #graphics #bitconnect #news #photo #facebook #bitcoins #love #scam #google #bitcoinnews
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AI is exploding, but there's a major limiting factor SingularityNET meets an acute and accelerating need in a projected $3.1 trillion market.

SingularityNET gives AI developers what they crave most We have a situation similar to the ones that spawned the creation of Uber and AirBnB: there is a large unexploited resource, a large market in need of that resource.

SingularityNET provides an automated process enabling each business to connect existing AI tools together to build the solution it needs.

SingularityNET launches these AI tools and datasets onto the marketplace, making them more accessible to end-users and developers, and giving developers a way to monetize their creations.

Three SingularityNET AI Agents are depicted, each one providing a certain AI service to another, and receiving an AI service from yet another.

Anyone can insert an AI agent as long as the agent shares information accord- ing to the SingularityNET API, and accepts/disburses payment according to SingularityNET's economic logic.

New AI agents will come from AI software developers who want access to SingularityNET's market, which will be the hub of open AI services. #entrepreneurs #startup #technology #tech #powerful #successful #motivational #motivate #motivated #inspirational #inspire #inspired #inspo #graphic #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #garyvee #photo #iphone #apple #google #facebook #iphonex #California #Newyork
AI is exploding, but there's a major limiting factor SingularityNET meets an acute and accelerating need in a projected $3.1 trillion market. SingularityNET gives AI developers what they crave most We have a situation similar to the ones that spawned the creation of Uber and AirBnB: there is a large unexploited resource, a large market in need of that resource. SingularityNET provides an automated process enabling each business to connect existing AI tools together to build the solution it needs. SingularityNET launches these AI tools and datasets onto the marketplace, making them more accessible to end-users and developers, and giving developers a way to monetize their creations. Three SingularityNET AI Agents are depicted, each one providing a certain AI service to another, and receiving an AI service from yet another. Anyone can insert an AI agent as long as the agent shares information accord- ing to the SingularityNET API, and accepts/disburses payment according to SingularityNET's economic logic. New AI agents will come from AI software developers who want access to SingularityNET's market, which will be the hub of open AI services. #startup #apple #motivate #inspirational #tech #fuckbitcoins #crypto #inspo #graphic #newyork #garyvee #california #inspired #cryptocurrency #iphone #iphonex #motivational #graphics #powerful #technology #motivated #successful #news #photo #facebook #entrepreneurs #google #inspire #bitcoinnews
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From Bitcoin Cash | Official Statement - - As developers, ambassadors, evangelists, and Chief Executive Officers of Bitcoin
Cash, we are part of this movement for our own reasons, all different.
Decentralization. Sound money. Censorship resistant transactions. The nonaggression
principle. Reduction of counterparty risk. Libertarian principles. Sound
money. Fast transactions. Liberty from the State. Liking the cool name. Aversion to
the concept of bank holidays. Hodling Bitcoin Legacy at the time of the fork, and just
wanting to stay a modest multimillionaire. Sound money. There are many reasons
we’re in this together, and all of them are valid.
Bitcoin Cash creates liberty, a level of liberty never possible before.
But – here’s the key – other people are not going to be joining Bitcoin Cash for our
reasons. They’re going to be joining Bitcoin Cash for their reasons, or they’re not
going to be joining at all.
And their reasons aren’t going to be “decentralization”, “censorship resistance”,
“non-aggression money”, or any other nice theoretical construct. Their three reasons
for joining Bitcoin Cash, in 99.999% of cases, are going to be profit, profit, and more
profit, in that order.
This applies to merchants in the first world, it applies to migrant workers sending
funds home, and it applies to the poorest billion people just trying to get out of the
slums. We can provide liberty to all of them, and many more, by means of profit
motive. #entrepreneurs #powerful #successful #motivational #motivate #motivated #inspirational #inspire #inspired #inspo #graphic #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love
From Bitcoin Cash | Official Statement - - As developers, ambassadors, evangelists, and Chief Executive Officers of Bitcoin Cash, we are part of this movement for our own reasons, all different. Decentralization. Sound money. Censorship resistant transactions. The nonaggression principle. Reduction of counterparty risk. Libertarian principles. Sound money. Fast transactions. Liberty from the State. Liking the cool name. Aversion to the concept of bank holidays. Hodling Bitcoin Legacy at the time of the fork, and just wanting to stay a modest multimillionaire. Sound money. There are many reasons we’re in this together, and all of them are valid. Bitcoin Cash creates liberty, a level of liberty never possible before. But – here’s the key – other people are not going to be joining Bitcoin Cash for our reasons. They’re going to be joining Bitcoin Cash for their reasons, or they’re not going to be joining at all. And their reasons aren’t going to be “decentralization”, “censorship resistance”, “non-aggression money”, or any other nice theoretical construct. Their three reasons for joining Bitcoin Cash, in 99.999% of cases, are going to be profit, profit, and more profit, in that order. This applies to merchants in the first world, it applies to migrant workers sending funds home, and it applies to the poorest billion people just trying to get out of the slums. We can provide liberty to all of them, and many more, by means of profit motive. #apple #motivate #inspirational #fuckbitcoins #crypto #inspo #graphic #newyork #california #inspired #cryptocurrency #iphone #iphonex #motivational #graphics #powerful #motivated #successful #news #photo #facebook #love #entrepreneurs #google #inspire #bitcoinnews
22
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(Reddit user/brosenkranzkeef) - Discussion: Choice Hotels just tried to install a Bitcoin miner on my laptop (self.technology)
submitted 20 hours ago by BrosenkranzKeef
I just logged onto the internet at Comfort Inn about ten minutes ago, and immediately Google Chrome blocked a download and Windows Defender logged a Bitcoin miner.

I travel for work and recently have used internet at Marriott and SPG hotels with no security problems. This is the first time I've ever logged in at a Choice Hotels location. This is also the only hotel brand I've used that doesn't require an initial guest login with your room number or anything like that. You just click "I agree" and off you go, mining coins apparently.

Simple conclusion: Choice Hotels is trying to install Bitcoin miners on their guests' computer immediately upon login, but Chrome and Defender block it immediatey.

#bitcoin #bitcoins #bitcoincash #ethereum #choicehotels #hotel #blockchain #news #fuckbitcoins #love #life #invest #money #facebook #google #tech
(Reddit user/brosenkranzkeef) - Discussion: Choice Hotels just tried to install a Bitcoin miner on my laptop (self.technology) submitted 20 hours ago by BrosenkranzKeef I just logged onto the internet at Comfort Inn about ten minutes ago, and immediately Google Chrome blocked a download and Windows Defender logged a Bitcoin miner. I travel for work and recently have used internet at Marriott and SPG hotels with no security problems. This is the first time I've ever logged in at a Choice Hotels location. This is also the only hotel brand I've used that doesn't require an initial guest login with your room number or anything like that. You just click "I agree" and off you go, mining coins apparently. Simple conclusion: Choice Hotels is trying to install Bitcoin miners on their guests' computer immediately upon login, but Chrome and Defender block it immediatey. #bitcoin #hotel #tech #blockchain #fuckbitcoins #choicehotels #money #invest #bitcoincash #ethereum #news #life #love #bitcoins #facebook #google
24
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The AI Economy Has Arrived
SingularityNET's smart contracts are the infrastructure for an open AI economy.

An open, decentralized marketplace for AI

SingularityNET is the hub for free and open AI technologies, owned by the crowd. You can acquire or monetize AI services to anyone, at any scale.

Towards the Singularity
Emergent artificial general intelligence in the AI economy

The proliferation of AI will be one of the biggest growth opportunities this century, with the market forecasted to grow from $234 billion in 2017 to $3.1 trillion by 2025.

As the first platform enabling AIs to coordinate resources and capabilities at scale, SingularityNET is positioned as a critical mediator across all future AI developments.

SingularityNET offers organizations massive financial and operational advantages. The network creates the first interoperability standards for AIs, radically improving the process of discovering and coordinating AI services, while allowing developers to easily monetize AI tech. All of this is made possible through a streamlined, scaleable system for payments through the AGI token. #ai #tesla #fuckbitcoins #bitcoin #bitcoinnews #blockchain #technology #technews #california #newyork #repost #like #money #WallStreet #business #bitcoin #money #finance #forex #rich #wealth #millionaire #billionaire #entrepreneur #entrepreneurs #startup #startups #startuplife
The AI Economy Has Arrived SingularityNET's smart contracts are the infrastructure for an open AI economy. An open, decentralized marketplace for AI SingularityNET is the hub for free and open AI technologies, owned by the crowd. You can acquire or monetize AI services to anyone, at any scale. Towards the Singularity Emergent artificial general intelligence in the AI economy The proliferation of AI will be one of the biggest growth opportunities this century, with the market forecasted to grow from $234 billion in 2017 to $3.1 trillion by 2025. As the first platform enabling AIs to coordinate resources and capabilities at scale, SingularityNET is positioned as a critical mediator across all future AI developments. SingularityNET offers organizations massive financial and operational advantages. The network creates the first interoperability standards for AIs, radically improving the process of discovering and coordinating AI services, while allowing developers to easily monetize AI tech. All of this is made possible through a streamlined, scaleable system for payments through the AGI token. #startup #tesla #bitcoin #repost #blockchain #ai #fuckbitcoins #wallstreet #startups #finance #rich #business #forex #newyork #california #money #startuplife #technews #billionaire #technology #entrepreneur #wealth #millionaire #like #entrepreneurs #bitcoinnews
41
4
(BREAKING) ❗️ - - ZURICH - Swiss financial markets authority FINMA has found that the Swiss subsidiary of U.S. investment bank JPMorgan broke anti-money laundering rules, a Swiss court document showed.

REUTERS/Stephanie Keith FINMA ruled on June 30 that JPMorgan Switzerland had "Seriously infringed" regulatory oversight provisions, according to a ruling issued by the Federal Administrative Court on Nov. 8 and published on Thursday.

The court had been examining whether FINMA's previously undisclosed decision on JPMorgan could be made public, in a case first reported by the Handelszeitung paper.

Both FINMA and JPMorgan declined to comment on FINMA's ruling and it was unclear what action, if any, the regulator had taken against JPMorgan.

FINMA is not authorized to levy fines, but may confiscate unlawfully realized gains, impose professional limitations on bankers or require an organization to make changes to prevent similar breaches recurring. "In support of that, we have made and continue to make significant enhancements to the firm's AML program to ensure we are meeting regulatory expectations. Because this FINMA resolution from June 2017 is not public, we cannot provide further details." #forex #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
(BREAKING) ❗️ - - ZURICH - Swiss financial markets authority FINMA has found that the Swiss subsidiary of U.S. investment bank JPMorgan broke anti-money laundering rules, a Swiss court document showed. REUTERS/Stephanie Keith FINMA ruled on June 30 that JPMorgan Switzerland had "Seriously infringed" regulatory oversight provisions, according to a ruling issued by the Federal Administrative Court on Nov. 8 and published on Thursday. The court had been examining whether FINMA's previously undisclosed decision on JPMorgan could be made public, in a case first reported by the Handelszeitung paper. Both FINMA and JPMorgan declined to comment on FINMA's ruling and it was unclear what action, if any, the regulator had taken against JPMorgan. FINMA is not authorized to levy fines, but may confiscate unlawfully realized gains, impose professional limitations on bankers or require an organization to make changes to prevent similar breaches recurring. "In support of that, we have made and continue to make significant enhancements to the firm's AML program to ensure we are meeting regulatory expectations. Because this FINMA resolution from June 2017 is not public, we cannot provide further details." #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #forex #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
14
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Announcing Coinbase Custody: A Digital Currency Custodian For Institutions
(via. Coinbase) - Today, we’re announcing the launch of a new company to help institutional investors securely store digital assets: Coinbase Custody <https://custody.coinbase.com/>.
Coinbase is already storing more than $9B of digital currency on behalf of our customers, and we’re excited to bring a new product built specifically for institutional investors. <https://custody.coinbase.com/>Over 100 hedge funds have been created in the past year exclusively to trade digital currency. An even greater number of traditional institutional investors are starting to look at trading digital assets (including family offices, sovereign wealth funds, traditional hedge funds, and more). By some estimates there is $10B of institutional money waiting on the sidelines to invest in digital currency today.
When we speak with these institutions, they tell us that the number one thing preventing them from getting started is the existence of a digital asset custodian that they can trust to store client funds securely.
This is why I’m excited to announce Coinbase Custody. The next step to accelerating the world’s adoption of digital currencies is to unlock the institutional money preparing to enter the space.
We are designing Coinbase Custody to meet the needs of institutional clients. In particular, we feel that institutional clients require:
•Strict financial controls (multiple signers, audit trails, limits, etc)
•Dedicated account representatives and phone support
•SLAs on funds transfers
•A regulated digital currency custodian
•Multi-user accounts with separate permissions
•Support for a wide range of digital assets and currencies
•Insurance (in some cases)
•And high levels of cyber and physical security
Coinbase is well positioned to launch this product. We already store billions of dollars worth of digital assets on behalf of our customers. We serve thousands of institutions via our GDAX <https://www.gdax.com/> product, the leading digital currency exchange in the U.S. We’ve raised $216M from venture capital firms and financial institutions like the NYSE/ICE, USAA, BBVA, Westpac, and MUFG. And we have
Announcing Coinbase Custody: A Digital Currency Custodian For Institutions (via. Coinbase) - Today, we’re announcing the launch of a new company to help institutional investors securely store digital assets: Coinbase Custody . Coinbase is already storing more than $9B of digital currency on behalf of our customers, and we’re excited to bring a new product built specifically for institutional investors. Over 100 hedge funds have been created in the past year exclusively to trade digital currency. An even greater number of traditional institutional investors are starting to look at trading digital assets (including family offices, sovereign wealth funds, traditional hedge funds, and more). By some estimates there is $10B of institutional money waiting on the sidelines to invest in digital currency today. When we speak with these institutions, they tell us that the number one thing preventing them from getting started is the existence of a digital asset custodian that they can trust to store client funds securely. This is why I’m excited to announce Coinbase Custody. The next step to accelerating the world’s adoption of digital currencies is to unlock the institutional money preparing to enter the space. We are designing Coinbase Custody to meet the needs of institutional clients. In particular, we feel that institutional clients require: •Strict financial controls (multiple signers, audit trails, limits, etc) •Dedicated account representatives and phone support •SLAs on funds transfers •A regulated digital currency custodian •Multi-user accounts with separate permissions •Support for a wide range of digital assets and currencies •Insurance (in some cases) •And high levels of cyber and physical security Coinbase is well positioned to launch this product. We already store billions of dollars worth of digital assets on behalf of our customers. We serve thousands of institutions via our GDAX  product, the leading digital currency exchange in the U.S. We’ve raised $216M from venture capital firms and financial institutions like the NYSE/ICE, USAA, BBVA, Westpac, and MUFG. And we have #apple #bitcoin #blockchain #fuckbitcoins #crypto #digitalcurrency #newyork #california #money #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #lilyallen #google #bitcoinnews
30
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Shaun W. Bridges, 35, of Laurel, Md., was sentenced to 24 months in prison by U.S. District Judge Richard Seeborg in San Francisco following his earlier guilty plea to one count of money laundering.

Judge Seeborg ordered that the sentence be served consecutively to a previous sentence that Bridges is currently serving.

Bridges had been a Special Agent with the U.S. Secret Service for approximately six years in the Baltimore Field Office.

Bridges' responsibilities included, among other things, conducting forensic computer investigations in an effort to locate, identify and prosecute targets of the Baltimore Task Force, including Ross Ulbricht, aka "Dread Pirate Roberts," who ran the Silk Road from the Northern District of California.

In 2015, Bridges was arrested and taken into custody on charges related to the theft of approximately 1,600 bitcoin from a digital wallet belonging to the U.S. government.

According to admissions made in connection with his guilty plea, Bridges admitted to using a private key to access a digital wallet belonging to the U.S. government, and subsequently transferring the bitcoin to other digital wallets at other bitcoin exchanges to which only he had access.

As part of his plea, Bridges agreed to turn over the stolen bitcoin to U.S. agents. #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #lilyallen #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase
Shaun W. Bridges, 35, of Laurel, Md., was sentenced to 24 months in prison by U.S. District Judge Richard Seeborg in San Francisco following his earlier guilty plea to one count of money laundering. Judge Seeborg ordered that the sentence be served consecutively to a previous sentence that Bridges is currently serving. Bridges had been a Special Agent with the U.S. Secret Service for approximately six years in the Baltimore Field Office. Bridges' responsibilities included, among other things, conducting forensic computer investigations in an effort to locate, identify and prosecute targets of the Baltimore Task Force, including Ross Ulbricht, aka "Dread Pirate Roberts," who ran the Silk Road from the Northern District of California. In 2015, Bridges was arrested and taken into custody on charges related to the theft of approximately 1,600 bitcoin from a digital wallet belonging to the U.S. government. According to admissions made in connection with his guilty plea, Bridges admitted to using a private key to access a digital wallet belonging to the U.S. government, and subsequently transferring the bitcoin to other digital wallets at other bitcoin exchanges to which only he had access. As part of his plea, Bridges agreed to turn over the stolen bitcoin to U.S. agents. #apple #bitcoin #fuckbitcoins #crypto #newyork #california #money #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #lilyallen #google #bitcoinnews
20
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Mark Karpeles, the former head of what was for a time the world's largest Bitcoin exchange, could wind up profiting handsomely from the portal's ignominious 2014 collapse.

Mt. Gox was one of the first convenient platforms for buying and selling Bitcoin online.

Much like a bank, it retained direct control of the Bitcoin that belonged to many of its users.

According to the Wall Street Journal, Karpeles could make in the neighborhood of $1 billion from the bankruptcy, thanks to Japanese law's treatment of the Gox Bitcoins.

Mt. Gox later recovered some of the allegedly hacked cryptocurrency, and still holds 202,195 Bitcoins, now worth around $1.5 billion.

At a Sept. 27 hearing, Karpeles' lawyer argued that those market gains belonged primarily to the collapsed Bitcoin exchange, not to the users who lost them years ago.

According to the Journal's calculations, based on a higher Bitcoin price earlier this week, selling off Mt. Gox's remaining Bitcoin holdings at today's prices while paying back creditors at April 2014 prices could leave a $977 million surplus. #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa
Mark Karpeles, the former head of what was for a time the world's largest Bitcoin exchange, could wind up profiting handsomely from the portal's ignominious 2014 collapse. Mt. Gox was one of the first convenient platforms for buying and selling Bitcoin online. Much like a bank, it retained direct control of the Bitcoin that belonged to many of its users. According to the Wall Street Journal, Karpeles could make in the neighborhood of $1 billion from the bankruptcy, thanks to Japanese law's treatment of the Gox Bitcoins. Mt. Gox later recovered some of the allegedly hacked cryptocurrency, and still holds 202,195 Bitcoins, now worth around $1.5 billion. At a Sept. 27 hearing, Karpeles' lawyer argued that those market gains belonged primarily to the collapsed Bitcoin exchange, not to the users who lost them years ago. According to the Journal's calculations, based on a higher Bitcoin price earlier this week, selling off Mt. Gox's remaining Bitcoin holdings at today's prices while paying back creditors at April 2014 prices could leave a $977 million surplus. #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
17
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(BREAKING News❗️) - - The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin.

A Square spokesperson said in a statement: "We're always listening to our customers and we've found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." screenshot Square Cash is piloting a Bitcoin buy and sell feature For now, the app only allows these users to buy, sell and hold Bitcoins, but not to make payments to friends with the cryptocurrency, which is the app's primary function with dollars.

Bitcoin is the original cryptocurrency and has soared in value this year to seven times what it was worth on January 1.

Its value could be poised to increase further, as Bitcoin futures launch soon, bringing more institutional money into the market.

As any seasoned Bitcoiner will tell you, the market is highly unpredictable.
#bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa
(BREAKING News❗️) - - The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin. A Square spokesperson said in a statement: "We're always listening to our customers and we've found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." screenshot Square Cash is piloting a Bitcoin buy and sell feature For now, the app only allows these users to buy, sell and hold Bitcoins, but not to make payments to friends with the cryptocurrency, which is the app's primary function with dollars. Bitcoin is the original cryptocurrency and has soared in value this year to seven times what it was worth on January 1. Its value could be poised to increase further, as Bitcoin futures launch soon, bringing more institutional money into the market. As any seasoned Bitcoiner will tell you, the market is highly unpredictable. #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
17
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According to the local exchange Golix, the price of bitcoin has risen almost 10 percent in Zimbabwe on news of the coup.

Zimbabwe hasn't had its own currency since 2009 when hyperinflation wiped out the local dollar.

In October, Steve Hanke, an economics professor at Johns Hopkins University in the United States, who has written a book about the country's 2008 crisis, warned of hyperinflation returning to Zimbabwe.

Real inflation in Zimbabwe was 313 percent annually and 112 percent on a monthly basis despite the official 0.78 percent in September.

Hanke called the statistics a "Truly fantastical piece of artwork." "Zimbabwe, welcome back to the record books! You have once again entered the inglorious world of hyperinflation. It is a world of economic chaos, wrenching poverty and death," said Hanke.

Zimbabwe's army seized power on Wednesday in a military coup.
#bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
According to the local exchange Golix, the price of bitcoin has risen almost 10 percent in Zimbabwe on news of the coup. Zimbabwe hasn't had its own currency since 2009 when hyperinflation wiped out the local dollar. In October, Steve Hanke, an economics professor at Johns Hopkins University in the United States, who has written a book about the country's 2008 crisis, warned of hyperinflation returning to Zimbabwe. Real inflation in Zimbabwe was 313 percent annually and 112 percent on a monthly basis despite the official 0.78 percent in September. Hanke called the statistics a "Truly fantastical piece of artwork." "Zimbabwe, welcome back to the record books! You have once again entered the inglorious world of hyperinflation. It is a world of economic chaos, wrenching poverty and death," said Hanke. Zimbabwe's army seized power on Wednesday in a military coup. #apple #bitcoin #fuckbitcoins #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
15
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(Reddit u/basedkaizen) - - What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987.

This is significant because of the mechanics of market prices and the future potential of market prices.

Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side.

The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market.

So first thing: prepare for that eventual crash, I suspect it'll take 1-3 years to create the conditions for an extreme sell side due to leveraging.

Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then.

The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core.

I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god. #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
(Reddit u/basedkaizen) - - What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987. This is significant because of the mechanics of market prices and the future potential of market prices. Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side. The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market. So first thing: prepare for that eventual crash, I suspect it'll take 1-3 years to create the conditions for an extreme sell side due to leveraging. Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then. The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core. I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
22
5
Blockchain - otherwise known as distributed ledger technology - allows vast amounts of data to be stored on a dispersed network of computers around the world, rather than on one centralized server.

A number of other financial institutions have been experimenting with distributed ledger projects, including JPMorgan, UBS, Credit Suisse, Barclays and HSBC. "This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday.

American Express' blockchain project will initially allow customers in the U.S. to connect instant, traceable cross-border non-card payments to U.K. Santander bank accounts.

Ripple CEO Brad Garlinghouse said that its blockchain network would allow the business customers of financial services firms to move money in "Real-time." "We're taking a huge step forward with American Express and Santander in solving the problems corporate customers experience with global payments. Transfers that used to take days will be completed in real-time, allowing money to move as fast as business today," Garlinghouse said in a statement Thursday. "The technology we have developed, it separated a connection from the cryptocurrency or the token. So what that means is that a bank or non-bank like AMEX can use Ripple to connect and just exchange value from one fiat currency to another directly, without the need for any intermediate blockchain currency." Some banking executives have raised concern about cryptocurrencies in recent weeks.

Last month, UBS CEO Sergio Ermotti told CNBC he was "Not necessarily" a believer in cryptocurrencies but that he saw a future for blockchain. #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
Blockchain - otherwise known as distributed ledger technology - allows vast amounts of data to be stored on a dispersed network of computers around the world, rather than on one centralized server. A number of other financial institutions have been experimenting with distributed ledger projects, including JPMorgan, UBS, Credit Suisse, Barclays and HSBC. "This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday. American Express' blockchain project will initially allow customers in the U.S. to connect instant, traceable cross-border non-card payments to U.K. Santander bank accounts. Ripple CEO Brad Garlinghouse said that its blockchain network would allow the business customers of financial services firms to move money in "Real-time." "We're taking a huge step forward with American Express and Santander in solving the problems corporate customers experience with global payments. Transfers that used to take days will be completed in real-time, allowing money to move as fast as business today," Garlinghouse said in a statement Thursday. "The technology we have developed, it separated a connection from the cryptocurrency or the token. So what that means is that a bank or non-bank like AMEX can use Ripple to connect and just exchange value from one fiat currency to another directly, without the need for any intermediate blockchain currency." Some banking executives have raised concern about cryptocurrencies in recent weeks. Last month, UBS CEO Sergio Ermotti told CNBC he was "Not necessarily" a believer in cryptocurrencies but that he saw a future for blockchain. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
20
0
Blockchain - otherwise known as distributed ledger technology - allows vast amounts of data to be stored on a dispersed network of computers around the world, rather than on one centralized server.

A number of other financial institutions have been experimenting with distributed ledger projects, including JPMorgan, UBS, Credit Suisse, Barclays and HSBC. "This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday.

American Express' blockchain project will initially allow customers in the U.S. to connect instant, traceable cross-border non-card payments to U.K. Santander bank accounts.

Ripple CEO Brad Garlinghouse said that its blockchain network would allow the business customers of financial services firms to move money in "Real-time." "We're taking a huge step forward with American Express and Santander in solving the problems corporate customers experience with global payments. Transfers that used to take days will be completed in real-time, allowing money to move as fast as business today," Garlinghouse said in a statement Thursday. "The technology we have developed, it separated a connection from the cryptocurrency or the token. So what that means is that a bank or non-bank like AMEX can use Ripple to connect and just exchange value from one fiat currency to another directly, without the need for any intermediate blockchain currency." Some banking executives have raised concern about cryptocurrencies in recent weeks.

Last month, UBS CEO Sergio Ermotti told CNBC he was "Not necessarily" a believer in cryptocurrencies but that he saw a future for blockchain. #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
Blockchain - otherwise known as distributed ledger technology - allows vast amounts of data to be stored on a dispersed network of computers around the world, rather than on one centralized server. A number of other financial institutions have been experimenting with distributed ledger projects, including JPMorgan, UBS, Credit Suisse, Barclays and HSBC. "This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday. American Express' blockchain project will initially allow customers in the U.S. to connect instant, traceable cross-border non-card payments to U.K. Santander bank accounts. Ripple CEO Brad Garlinghouse said that its blockchain network would allow the business customers of financial services firms to move money in "Real-time." "We're taking a huge step forward with American Express and Santander in solving the problems corporate customers experience with global payments. Transfers that used to take days will be completed in real-time, allowing money to move as fast as business today," Garlinghouse said in a statement Thursday. "The technology we have developed, it separated a connection from the cryptocurrency or the token. So what that means is that a bank or non-bank like AMEX can use Ripple to connect and just exchange value from one fiat currency to another directly, without the need for any intermediate blockchain currency." Some banking executives have raised concern about cryptocurrencies in recent weeks. Last month, UBS CEO Sergio Ermotti told CNBC he was "Not necessarily" a believer in cryptocurrencies but that he saw a future for blockchain. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
22
0
(Reddit u/basedkaizen) - - What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987.

This is significant because of the mechanics of market prices and the future potential of market prices.

Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side.

The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market.

So first thing: prepare for that eventual crash, I suspect it'll take 1-3 years to create the conditions for an extreme sell side due to leveraging.

Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then.

The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core.

I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god. #stockmarket #nyse #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
(Reddit u/basedkaizen) - - What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987. This is significant because of the mechanics of market prices and the future potential of market prices. Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side. The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market. So first thing: prepare for that eventual crash, I suspect it'll take 1-3 years to create the conditions for an extreme sell side due to leveraging. Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then. The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core. I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god. #apple #bitcoin #fuckbitcoins #nyse #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #stockmarket #facebook #bitcoins #love #google #usa #bitcoinnews
25
1
ZUG, Switzerland/NEW YORK - Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "Initial coin offering," in which new digital currency is parcelled out to buyers.

The acrimonious dispute pits Tezos' two young founders - Arthur and Kathleen Breitman - against Johann Gevers, the president of a Swiss foundation the couple helped establish to handle the coin offering and promote and develop the Tezos computer network.

Kathleen Breitman, co-founder & CEO of Tezos, participates in the panel discussion Kathleen Breitman, co-founder & CEO of Tezos.

In a written statement sent to Reuters, the Breitmans reiterated their accusations against Gevers and said they acted "In accordance with all applicable laws and regulations." They said their priority "Remains the successful launch of the Tezos network." Hundreds of millions of dollars are at stake: The Tezos digital coins, called "Tezzies," are already priced at a hefty premium in futures trading even though they don't yet exist.

The launching of the Tezos network, which will trigger the coins' release, has been delayed.

Under the terms of the Tezos coin offering, there's no guarantee participants will ever receive a single Tez.  #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
ZUG, Switzerland/NEW YORK - Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "Initial coin offering," in which new digital currency is parcelled out to buyers. The acrimonious dispute pits Tezos' two young founders - Arthur and Kathleen Breitman - against Johann Gevers, the president of a Swiss foundation the couple helped establish to handle the coin offering and promote and develop the Tezos computer network. Kathleen Breitman, co-founder & CEO of Tezos, participates in the panel discussion Kathleen Breitman, co-founder & CEO of Tezos. In a written statement sent to Reuters, the Breitmans reiterated their accusations against Gevers and said they acted "In accordance with all applicable laws and regulations." They said their priority "Remains the successful launch of the Tezos network." Hundreds of millions of dollars are at stake: The Tezos digital coins, called "Tezzies," are already priced at a hefty premium in futures trading even though they don't yet exist. The launching of the Tezos network, which will trigger the coins' release, has been delayed. Under the terms of the Tezos coin offering, there's no guarantee participants will ever receive a single Tez.   #apple #bitcoin #fuckbitcoins #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
32
2
Traders have another potential stock play on bitcoin: Square. "We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers," a Square spokesperson told CNBC in a statement. "We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." Shares of Square briefly jumped more than 4 percent Wednesday as one Wall Street firm was quick to recommend the stock on this potential development.

Coinbase Bitcoin has leaped more than seven times in price this year. "We believe the largest risk is regulation, which could limit its ability to provide the service or outright ban it. SQ is also exposed to liquidity and counterparty risk as it must source bitcoin for users either by pre-buying or using an exchange," the Credit Suisse analysts said. #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa #like #love #comment #instagood #instadaily
Traders have another potential stock play on bitcoin: Square. "We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers," a Square spokesperson told CNBC in a statement. "We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." Shares of Square briefly jumped more than 4 percent Wednesday as one Wall Street firm was quick to recommend the stock on this potential development. Coinbase Bitcoin has leaped more than seven times in price this year. "We believe the largest risk is regulation, which could limit its ability to provide the service or outright ban it. SQ is also exposed to liquidity and counterparty risk as it must source bitcoin for users either by pre-buying or using an exchange," the Credit Suisse analysts said. #apple #bitcoin #instadaily #fuckbitcoins #crypto #africa #instagood #comment #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #like #google #usa #bitcoinnews
29
1
According to the local exchange Golix, the price of bitcoin has risen almost 10 percent in Zimbabwe on news of the coup.

Zimbabwe hasn't had its own currency since 2009 when hyperinflation wiped out the local dollar.

In October, Steve Hanke, an economics professor at Johns Hopkins University in the United States, who has written a book about the country's 2008 crisis, warned of hyperinflation returning to Zimbabwe.

Real inflation in Zimbabwe was 313 percent annually and 112 percent on a monthly basis despite the official 0.78 percent in September.

Hanke called the statistics a "Truly fantastical piece of artwork." "Zimbabwe, welcome back to the record books! You have once again entered the inglorious world of hyperinflation. It is a world of economic chaos, wrenching poverty and death," said Hanke.

Zimbabwe's army seized power on Wednesday in a military coup.
#bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa #africa
According to the local exchange Golix, the price of bitcoin has risen almost 10 percent in Zimbabwe on news of the coup. Zimbabwe hasn't had its own currency since 2009 when hyperinflation wiped out the local dollar. In October, Steve Hanke, an economics professor at Johns Hopkins University in the United States, who has written a book about the country's 2008 crisis, warned of hyperinflation returning to Zimbabwe. Real inflation in Zimbabwe was 313 percent annually and 112 percent on a monthly basis despite the official 0.78 percent in September. Hanke called the statistics a "Truly fantastical piece of artwork." "Zimbabwe, welcome back to the record books! You have once again entered the inglorious world of hyperinflation. It is a world of economic chaos, wrenching poverty and death," said Hanke. Zimbabwe's army seized power on Wednesday in a military coup. #apple #bitcoin #fuckbitcoins #crypto #africa #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
25
0
(BREAKING News❗️) - - The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin.

A Square spokesperson said in a statement: "We're always listening to our customers and we've found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." screenshot Square Cash is piloting a Bitcoin buy and sell feature For now, the app only allows these users to buy, sell and hold Bitcoins, but not to make payments to friends with the cryptocurrency, which is the app's primary function with dollars.

Bitcoin is the original cryptocurrency and has soared in value this year to seven times what it was worth on January 1.

Its value could be poised to increase further, as Bitcoin futures launch soon, bringing more institutional money into the market.

As any seasoned Bitcoiner will tell you, the market is highly unpredictable.
#bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa
(BREAKING News❗️) - - The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin. A Square spokesperson said in a statement: "We're always listening to our customers and we've found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here." screenshot Square Cash is piloting a Bitcoin buy and sell feature For now, the app only allows these users to buy, sell and hold Bitcoins, but not to make payments to friends with the cryptocurrency, which is the app's primary function with dollars. Bitcoin is the original cryptocurrency and has soared in value this year to seven times what it was worth on January 1. Its value could be poised to increase further, as Bitcoin futures launch soon, bringing more institutional money into the market. As any seasoned Bitcoiner will tell you, the market is highly unpredictable. #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
21
0
Mark Karpeles, the former head of what was for a time the world's largest Bitcoin exchange, could wind up profiting handsomely from the portal's ignominious 2014 collapse.

Mt. Gox was one of the first convenient platforms for buying and selling Bitcoin online.

Much like a bank, it retained direct control of the Bitcoin that belonged to many of its users.

According to the Wall Street Journal, Karpeles could make in the neighborhood of $1 billion from the bankruptcy, thanks to Japanese law's treatment of the Gox Bitcoins.

Mt. Gox later recovered some of the allegedly hacked cryptocurrency, and still holds 202,195 Bitcoins, now worth around $1.5 billion.

At a Sept. 27 hearing, Karpeles' lawyer argued that those market gains belonged primarily to the collapsed Bitcoin exchange, not to the users who lost them years ago.

According to the Journal's calculations, based on a higher Bitcoin price earlier this week, selling off Mt. Gox's remaining Bitcoin holdings at today's prices while paying back creditors at April 2014 prices could leave a $977 million surplus. #bitcoin #bitcoins #news #bitcoinnews #invest #money #Crypto #graphics #news #fuckbitcoins #Bitcoinnews #news #crypto #cryptocurrency #photo #photo #iphone #apple #google #facebook #iphonex #California #Newyork #love #coinbase #unitedkingdom #uk #usa
Mark Karpeles, the former head of what was for a time the world's largest Bitcoin exchange, could wind up profiting handsomely from the portal's ignominious 2014 collapse. Mt. Gox was one of the first convenient platforms for buying and selling Bitcoin online. Much like a bank, it retained direct control of the Bitcoin that belonged to many of its users. According to the Wall Street Journal, Karpeles could make in the neighborhood of $1 billion from the bankruptcy, thanks to Japanese law's treatment of the Gox Bitcoins. Mt. Gox later recovered some of the allegedly hacked cryptocurrency, and still holds 202,195 Bitcoins, now worth around $1.5 billion. At a Sept. 27 hearing, Karpeles' lawyer argued that those market gains belonged primarily to the collapsed Bitcoin exchange, not to the users who lost them years ago. According to the Journal's calculations, based on a higher Bitcoin price earlier this week, selling off Mt. Gox's remaining Bitcoin holdings at today's prices while paying back creditors at April 2014 prices could leave a $977 million surplus. #apple #bitcoin #fuckbitcoins #crypto #uk #newyork #california #money #unitedkingdom #cryptocurrency #invest #iphone #iphonex #graphics #coinbase #news #photo #facebook #bitcoins #love #google #usa #bitcoinnews
27
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