Mark T. Williams to Bitcoin Bulls: Time Will Vindicate My Prediction

Last December, Boston University School of Management professor Mark T. Williams issued a prediction that drew rapt attention from the mainstream media, as well as the united ire of the bitcoin industry, when he boldly projected that the price of bitcoin would lose 99% of its value and fall below $10 by the end of June 2014.However, at press time, the price of bitcoin on CoinDesk’s USD Bitcoin Price Index remains well above this figure, rising 34%...

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HashFast Staves Off Involuntary Bankruptcy In San Francisco Court

Bitcoin mining hardware manufacturer HashFast has avoided being forced into involuntary Chapter 7 bankruptcy proceedings by signing a deal with its creditors.Under the deal, signed in a federal bankruptcy court in San Francisco, HashFast will commit to an accelerated restructuring in order to meet its obligations. Mining company Liquidbits sought court approval last week for HashFast to enter an involuntary bankruptcy in order to recoup funds lost...

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Bitcoin in the Beltway Conference to Make Waves in Washington D.C.

May 2014Contact: M.K. LordsEmail: mksilent.h@gmail.comWebsite: bitcoinnotbombs.comFOR IMMEDIATE RELEASE Bitcoin in the Beltway Conference to Make Waves in Washington D.C. (Washington, D.C.) This year has seen a rise in the amount of Bitcoin conferences, but one in particular is priding itself on featuring the most radical movers and shakers in the Bitcoin community while also putting charity center stage. Boasting such rebels as Defense Distributed’s...

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Coinffeine to Challenge Centralized Bitcoin Exchanges with Distributed Alternative

Bitcoin and other digital currencies are well known as decentralized technologies, meaning that processing power is spread out across multiple points that reduce the chance of failure and network disruption.Other elements of the digital currency ecosystem, most notably bitcoin exchanges, are centralized islands in a sea of decentralization. Concepts of decentralized bitcoin exchanges have been put forward in the past, but none have moved far in...

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7 Things Every Misinformed Person Says About Bitcoin

It’s not always easy to be an early adopter of a disruptive technology like bitcoin.In addition to dealing with bitcoin’s price volatility, sometimes rough-around-the-edges user applications and the uncertainty about the digital currency’s regulatory standing, as pioneers we also have to answer to our friends and families about our interest in this new technology. More often than not, people with only a cursory knowledge of bitcoin tend to be grossly...

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Superbike Racer to Wear Bitcoin Logo at Isle of Man TT Classic

Australian bitcoin payments infrastructure company Diamond Circle is bringing bitcoin to the racetrack, sponsoring local superbike rider David Johnson in this week’s famous Tourist Trophy (TT) race on the Isle of Man. Taking a cue from the recent successful (at least in the attention-getting stakes) covering of NASCAR racer Josh Wise’s car with dogecoin livery, Diamond Circle will put its logo alongside the orange ‘B’ on Johnson’s helmet as he rides...

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Investor Jim Rogers: I Missed the Boat on Investing in Bitcoin

Investor Jim Rogers, of Rogers Holdings fame, has said he missed the boat on investing in bitcoin.In a recent interview with China Money Network, the veteran investor said he still does not know much about digital currencies, but he admitted that he should have got on board a long time ago:“If I were smart, I would have bought it in the early days when people first told me about it. I still don’t know enough about it to invest in it.”Future of money?Rogers...

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