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As Big Investors Emerge, Bitcoin Gets Ready for Its Close-Up – New York Times (blog)


New York Times (blog)

As Big Investors Emerge, Bitcoin Gets Ready for Its Close-Up
New York Times (blog)
Cameron and Tyler Winklevoss have been many things in a short time: Olympic rowers. Nemeses of Mark Zuckerberg. Characters on “The Simpsons.” Now they can add a new label: bitcoin moguls. The 31-year-old identical twins have amassed since last
Winklevoss Twins Go Into The Bitcoin BusinessHuffington Post
Are the Winklevoss Twins Trying to Corner the Bitcoin Market?PC Magazine
DealBook Connects the Winklevii and Bitcoin, Wins Internet BingoBetabeat
The Atlantic Wire –Daily Beast –Gawker
all 12 news articles »

New York Times (blog)

As Big Investors Emerge, Bitcoin Gets Ready for Its Close-Up
New York Times (blog)
Cameron and Tyler Winklevoss have been many things in a short time: Olympic rowers. Nemeses of Mark Zuckerberg. Characters on “The Simpsons.” Now they can add a new label: bitcoin moguls. The 31-year-old identical twins have amassed since last ...
Winklevoss Twins Go Into The Bitcoin BusinessHuffington Post
Are the Winklevoss Twins Trying to Corner the Bitcoin Market?PC Magazine
DealBook Connects the Winklevii and Bitcoin, Wins Internet BingoBetabeat
The Atlantic Wire -Daily Beast -Gawker
all 12 news articles »

Dealbook – Bitcoin Gets Ready for its Close-Up

Dealbook – Bitcoin Gets Ready for its Close-Up:

Reporters Nathaniel Popper (@nathanielpopper) and Peter Lattman (@peterlattman) share some new investments made both in Bitcoin and Bitcoin startups.  Excerpts of their NY Times Dealbook article:

“Cameron and Tyler Winklevoss have been many things in a short time: Olympic rowers. Nemeses of Mark Zuckerberg. Characters on ‘The Simpsons.’ Now they can add a new label: bitcoin moguls.”

“The Winklevii — as they are popularly known — say they own nearly 1 percent of that, or some $11 million.”

“Now mainstream investments in the digital money are starting to emerge. On Thursday, a group of venture capitalists, including Andreessen Horowitz, announced that they were funding a bitcoin-related company, OpenCoin.”

“But the 6-foot-5 Winklevii were unfazed by the latest tumult. Indeed, the brothers said they used the low prices to buy more. They argue that bitcoin will have much further to soar once a broader audience sees its virtues: a unit of exchange that can be moved around the world at the click of a button without requiring any payments to Western Union or American Express.”

“‘People say it’s a Ponzi scheme, it’s a bubble,’ said Cameron Winklevoss. ‘People really don’t want to take it seriously. At some point that narrative will shift to [how] virtual currencies are here to stay.’ We’re in the early days.”

“For their part, the Winklevoss twins have used some of their bitcoin to pay for the services of a Ukrainian computer programmer who has worked on the site of their venture capital firm.”

“In addition to the purchase of bitcoins, they also say they have invested in a bitcoin-related company, but declined to disclose which one.”

“’It has been four years and it has yet to be discredited as a viable alternative to fiat currency,’ said Tyler Winklevoss. ‘We could be totally wrong, but we are curious to see this play out a lot more.’”

 – http://nyti.ms/151cJqg
 – http://bitcointalk.org/index.php?topic=173772.0

All News -Daily E-mail Subscription – Twitter: @BitcoinNews

Dealbook – Bitcoin Gets Ready for its Close-Up:

Reporters Nathaniel Popper (@nathanielpopper) and Peter Lattman (@peterlattman) share some new investments made both in Bitcoin and Bitcoin startups.  Excerpts of their NY Times Dealbook article:

“Cameron and Tyler Winklevoss have been many things in a short time: Olympic rowers. Nemeses of Mark Zuckerberg. Characters on ‘The Simpsons.’ Now they can add a new label: bitcoin moguls.”

“The Winklevii — as they are popularly known — say they own nearly 1 percent of that, or some $11 million.”

“Now mainstream investments in the digital money are starting to emerge. On Thursday, a group of venture capitalists, including Andreessen Horowitz, announced that they were funding a bitcoin-related company, OpenCoin.”

“But the 6-foot-5 Winklevii were unfazed by the latest tumult. Indeed, the brothers said they used the low prices to buy more. They argue that bitcoin will have much further to soar once a broader audience sees its virtues: a unit of exchange that can be moved around the world at the click of a button without requiring any payments to Western Union or American Express.”

“‘People say it’s a Ponzi scheme, it’s a bubble,’ said Cameron Winklevoss. ‘People really don’t want to take it seriously. At some point that narrative will shift to [how] virtual currencies are here to stay.’ We’re in the early days.”

“For their part, the Winklevoss twins have used some of their bitcoin to pay for the services of a Ukrainian computer programmer who has worked on the site of their venture capital firm.”

“In addition to the purchase of bitcoins, they also say they have invested in a bitcoin-related company, but declined to disclose which one.”

“’It has been four years and it has yet to be discredited as a viable alternative to fiat currency,’ said Tyler Winklevoss. ‘We could be totally wrong, but we are curious to see this play out a lot more.’”

 – http://nyti.ms/151cJqg
 – http://bitcointalk.org/index.php?topic=173772.0

All News -Daily E-mail Subscription – Twitter: @BitcoinNews

Bitcoin and the global currency wars – MarketWatch (blog)

Bitcoin and the global currency wars
MarketWatch (blog)
I’m going to start writing a lot more about the currency wars. Global currency wars, the Bitcoin currency rollercoaster, and how all this is causing the giant stock market bubble I’ve been preparing for that is finally here. Let’s start with a few


Bitcoin and the global currency wars
MarketWatch (blog)
I'm going to start writing a lot more about the currency wars. Global currency wars, the Bitcoin currency rollercoaster, and how all this is causing the giant stock market bubble I've been preparing for that is finally here. Let's start with a few ...

Inside the Bitcoin economy – The Economist (blog)

Inside the Bitcoin economy
The Economist (blog)
BITCOIN, a “cryptocurrency” that has all the financial world talking, has had a crazy few days. Bitcoins have always been volatile, but over the past week the currency went on a tear, rising to close to $300 dollars, before plunging, losing some 60% of


Inside the Bitcoin economy
The Economist (blog)
BITCOIN, a "cryptocurrency" that has all the financial world talking, has had a crazy few days. Bitcoins have always been volatile, but over the past week the currency went on a tear, rising to close to $300 dollars, before plunging, losing some 60% of ...

Bitcoin’s Wild Ride Shows Its Not Real Money – Bloomberg

Bitcoin’s Wild Ride Shows Its Not Real Money
Bloomberg
If you wanted to make the case for Bitcoin as a feasible and useful digital currency, yesterday wasn’t the best day to do so. According to Mt. Gox, the largest Bitcoin exchange, the currency started out at $230, spiked to $266, touched a low of $105


Bitcoin's Wild Ride Shows Its Not Real Money
Bloomberg
If you wanted to make the case for Bitcoin as a feasible and useful digital currency, yesterday wasn't the best day to do so. According to Mt. Gox, the largest Bitcoin exchange, the currency started out at $230, spiked to $266, touched a low of $105 ...

Hide your kids, hide your BTC: Bitcoin-stealing malware emerges – Ars Technica

Hide your kids, hide your BTC: Bitcoin-stealing malware emerges
Ars Technica
In another example of the security mantra of “be careful what you click,” at least one Bitcoin trader has been robbed in a forum “phishing” attack designed specifically to ride the hype around the digital currency. The attack attempts to use Java


Hide your kids, hide your BTC: Bitcoin-stealing malware emerges
Ars Technica
In another example of the security mantra of "be careful what you click," at least one Bitcoin trader has been robbed in a forum "phishing" attack designed specifically to ride the hype around the digital currency. The attack attempts to use Java ...

Bitcoin or Gold: Which is More Fiat-Proof? – Forbes


PolicyMic

Bitcoin or Gold: Which is More Fiat-Proof?
Forbes
Bitcoin sure is volatile — it peaked at $265 per Bitcoin on April 10 but as of the afternoon of April 11 it was trading down 72% at $75 on exchanges other than the temporarily shut-down Mt. Gox. Ironically, some think that banks shutting down in
Poll: Is Bitcoin a Long-Term Alternative to Government-Sponsored Currencies?CFA Institute Enterprising Investor (blog)
Bitcoin Crash: What Happened and What Does It Mean For the Future?PolicyMic

all 3 news articles »


PolicyMic

Bitcoin or Gold: Which is More Fiat-Proof?
Forbes
Bitcoin sure is volatile — it peaked at $265 per Bitcoin on April 10 but as of the afternoon of April 11 it was trading down 72% at $75 on exchanges other than the temporarily shut-down Mt. Gox. Ironically, some think that banks shutting down in ...
Poll: Is Bitcoin a Long-Term Alternative to Government-Sponsored Currencies?CFA Institute Enterprising Investor (blog)
Bitcoin Crash: What Happened and What Does It Mean For the Future?PolicyMic

all 3 news articles »

Hackers Cause Financial Ruin For Bitcoin Users – Huffington Post

Hackers Cause Financial Ruin For Bitcoin UsersHuffington PostHackers Cause Financial Ruin For Bitcoin Users. Bitcoin, a virtual currency that only exists online, has caught the attention of digital bank robbers. Hackers have stolen bitcoins from digita…


Hackers Cause Financial Ruin For Bitcoin Users
Huffington Post
Hackers Cause Financial Ruin For Bitcoin Users. Bitcoin, a virtual currency that only exists online, has caught the attention of digital bank robbers. Hackers have stolen bitcoins from digital wallets and hijacked computers to create new bitcoins ...

The bitcoin economy’s darker side: Botnets – Philly.com (blog)

The bitcoin economy’s darker side: Botnets
Philly.com (blog)
Inquiring Consumer. The bitcoin economy’s darker side: Botnets. Bitcoin simultaneously captured the imagination of a corner of the tech world and a corner of the financial world. Now, as its price wildly fluctuates, those corners seem increasingly

and more »


The bitcoin economy's darker side: Botnets
Philly.com (blog)
Inquiring Consumer. The bitcoin economy's darker side: Botnets. Bitcoin simultaneously captured the imagination of a corner of the tech world and a corner of the financial world. Now, as its price wildly fluctuates, those corners seem increasingly ...

and more »

ALLEGED BITCOIN INVENTOR: Please Stop Emailing Me, I Didn’t Invent Bitcoin – Business Insider

ALLEGED BITCOIN INVENTOR: Please Stop Emailing Me, I Didn’t Invent Bitcoin
Business Insider
My interest in bitcoin stemmed from its design and its cryptographic properties etc. Josh originally contacted me at Crypto 2011 about a paper I was involved with related to p2p, and I met up with him out of curiosity as to why he would be interested


ALLEGED BITCOIN INVENTOR: Please Stop Emailing Me, I Didn't Invent Bitcoin
Business Insider
My interest in bitcoin stemmed from its design and its cryptographic properties etc. Josh originally contacted me at Crypto 2011 about a paper I was involved with related to p2p, and I met up with him out of curiosity as to why he would be interested ...

Bitcoin Trading Halted by Mt. Gox Exchange After Plunge in Price – Bloomberg

Bitcoin Trading Halted by Mt. Gox Exchange After Plunge in Price
Bloomberg
The price of bitcoins collapsed by 46 percent to $123.40 from $230 in the past 24 hours, according to quotes on Mt. Gox’s website. In a statement, the company cited an increase in trade volume and not a cyber-attack, which has caused shutdowns in the past.


Bitcoin Trading Halted by Mt. Gox Exchange After Plunge in Price
Bloomberg
The price of bitcoins collapsed by 46 percent to $123.40 from $230 in the past 24 hours, according to quotes on Mt. Gox's website. In a statement, the company cited an increase in trade volume and not a cyber-attack, which has caused shutdowns in the past.

Bitcoin Trading Halted For Next 10 Hours After Massive Selloff – Business Insider

Bitcoin Trading Halted For Next 10 Hours After Massive Selloff
Business Insider
We won’t be bringing you any updates on the price of Bitcoin for the next 10 hours or so. That’s because Mt. Gox, the world’s largest Bitcoin exchange, has halted trading in the virtual currency until 10 PM ET “to allow the market to cooldown following

and more »


Bitcoin Trading Halted For Next 10 Hours After Massive Selloff
Business Insider
We won't be bringing you any updates on the price of Bitcoin for the next 10 hours or so. That's because Mt. Gox, the world's largest Bitcoin exchange, has halted trading in the virtual currency until 10 PM ET "to allow the market to cooldown following ...

and more »

Bitcoin Is a Ponzi Scheme: The Internet Currency Will Collapse – Slate Magazine


Slate Magazine

Bitcoin Is a Ponzi Scheme: The Internet Currency Will Collapse
Slate Magazine
Bitcoin is a fantasy. The Internet’s currency—a secure, private, decentralized type of money that makes possible anonymous and virtually costless transactions across borders—contains the seeds of its own destruction. More than anything else, it


Slate Magazine

Bitcoin Is a Ponzi Scheme: The Internet Currency Will Collapse
Slate Magazine
Bitcoin is a fantasy. The Internet's currency—a secure, private, decentralized type of money that makes possible anonymous and virtually costless transactions across borders—contains the seeds of its own destruction. More than anything else, it ...

“The Daily Bitcoin” Podcast Launches

The amount of Bitcoin-related media out there has gotten quite large over the past few …

The amount of Bitcoin-related media out there has gotten quite large over the past few years. For over a year now we’re had Bitcoin Magazine, but we also have a growing collection of Bitcoin songs, Bitcoin internet memes, a (unfortunately now defunct) Bitcoin video show and hundreds of Bitcoin guides, articles and books.

Now, we have another kind of media to add to the collection: a half-hour daily podcast. The show, founded by Adam Levine, Paul Russo and Eli Sklar, has already aired three episodes, and has plans to continue producing five episodes per week for at least the next six months. It will cover topics from all parts of the Bitcoin ecosystem – “like Forbes covers money,” Adam Levine explains, and include an educational discussion of some aspect of the Bitcoin technology every day. There will also be a variety of different formats, including the daily audio podcast and a weekly video show aired on YouTube. Altogether, the show has the potential to be a great resource for Bitcoin newbies and more frequent Bitcoin users alike.

The three episodes that are already out can be found here:

https://soundcloud.com/mindtomatter/the-daily-bitcoin-episode-1
https://soundcloud.com/mindtomatter/the-daily-bitcoin-episode-2
https://soundcloud.com/mindtomatter/the-daily-bitcoin-episode-3

Happy listening!

WALL STREET ANALYST: Hackers Are Attacking Bitcoin So They Can Scoop It … – Business Insider

WALL STREET ANALYST: Hackers Are Attacking Bitcoin So They Can Scoop It
Business Insider
This happened to the world’s biggest Bitcoin exchange, Mt. Gox, just last week. ConvergEx Group Chief Market Strategist Nick Colas, one of the only Wall Street analysts who has taken an interest in Bitcoin, writes in a note this morning that the reason


WALL STREET ANALYST: Hackers Are Attacking Bitcoin So They Can Scoop It ...
Business Insider
This happened to the world's biggest Bitcoin exchange, Mt. Gox, just last week. ConvergEx Group Chief Market Strategist Nick Colas, one of the only Wall Street analysts who has taken an interest in Bitcoin, writes in a note this morning that the reason ...