Who Is The Ceo Of Bitcoin CryptoCoins Info Club

Cryptocurrency Weekly Recap

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Litecoin's next move...

Saw this today and it reminded me...
What Litecoin really needs next to achieve the next stage of growth is a US based payment processor who can handle payments and sweep them to fiat each day... as BitPay/Coinbase do for merchants.
Anyone know if there is a US based Litecoin equivalent in the pipeline, or would BitPay/Coinbase consider opening up their operation to Litecoin too?
Edit: As mentioned in comments below, we DO have GoCoin, but AFAIK they are based in Singapore. There's nothing wrong with being based outside USA of course, but as someone who is based outside USA myself, I think it just adds one more friction point for corporate America.
submitted by BLSG to litecoin [link] [comments]

Mastercoin Reset (A Suggestion List)

New website
*Current website is messy and chaotic. The layout is totally off.
*The free MSC giveaway is hidden at the bottom of the page. It needs a prime location.
*The Get Wallet and Go Trading buttons are deeply confusing and take you to different websites after couple of clicks.
*Updates takes you to the MSC blog only but on MSC forum there's also a section with all the recent Skype conversations. This section should be accessible from the main page. Turn Updates to News and add another tab for the Skype conversations, say Latest DevTalk.
*whole thing looks like a 30 minutes rush job
*consider budgeting at least $500 and outsource the creation of a decent web page to someone who does web design for a living.
*Mastercoin didn't have the luxury of having the free PR the enlisting of Let's Talk Bitcoin show as a LTBcoin provided Counterparty. All the successful coins had a decent marketing presence, Counterparty included. Mastercoin needs much better marketing and promotion.
*marketing was poor to non-existent. Person who was running it did it part time and had some serious conflicts of interest
*speaking at conventions alone is not marketing.
*contract an agency to handle this or a charismatic evangelist who does this for a living (Judith won't cut it for several reasons).
*last tweet is 7 days old. There needs to be way more engagement on social media.
*most voted thread in /bitcoin reddit about Mastercoin speaks volumes about the lack of marketing presence
*do some regular video podcasts with or without guests
*consider replacing Judith with an English native speaker, who's younger and charismatic, engaged and really understands the crypto space. Judith is probably Ron's or someone's relative from Israel but there should be no place for nepotism here. You need someone who lives in the US, UK, Asia (Singapore, HK) and can easily access events and do some serious promotion work for you. Since on this topic, someone please tell Judith to use a spellchecker when writing blog entries and to remove that awful twitter profile picture. "Dear Masterminds
I feel tha it is time to take a deep breath and make some overview." http://bitcoinagile.com/29F480/master-protocol-is-a-great-platform-to-facilitate-new-innovative-ideas-by-judith-bizdev-at-the-mastercoin-foundation-bitcoin "Make some overview?" Someone needs to learn correct word usage. "I feel tha" Say what?
Damage Control
*the marketing department should also be in charge of damage control. On several occasions MSC was trashed by competitors who presented a bunch of lies when it mattered the most and there was no one from Mastercoin to combat them. When the Overstock CEO asked which platform was the best, some competitor created an elaborate presentation that highlighted the advantages of their own platform while undermining Mastercoin with a bunch of lies and nonsense. It was pitched as coming from impartial "community" person. There was no one from Mastercoin to counter that. Why the hell not?
Q&As on Reddit
*consider doing some. They are highly affective.
Giveaway fund for promotional purposes
*consider setting up a giveaway fund and someone to handle that. NXT had such fund for "swarms". A way to reward community for engaging in promotional efforts. For eg NXT rewarded each community member a certain amount of NXT coins for posting positive comments whenever NXT came up in various articles and discussions.
Dedicated full time coders
*hire only dedicated full time coders. I believe you are already on the right track in this area but you need to keep your eye on the ball here.
*no part timers and slackers please. This has to be a big no no.
*1 dedicated full time heart and soul coder is worth a dozen part timer slackers
Someone in charge
*David Johnston is juggling too many different plates like BitAngels and he's more into VC stuff. He can't be an effective leader with the eyes on the ball for this very this reason.
*Someone needs to constantly check stuff and if things get done properly. David isn't doing that and I think he knows it. He's too busy reading VC articles about how to pitch a project and how to defeat ISIS.
*there needs to be a suitable replacement for Ron
Delay outsourcing of code
*check the model Darkcoin used. It's highly effective. They have delayed outsourcing the code to allow for community to jump on-board, not to give unworthy copycats the chance to suck by trolling their projects the very next day. Delaying outsourcing is effective way of reducing trolling and cannibalizing, diluting your own community by pushing it in the arms of the competition.
*communists are free to move to N Korea, China or Cuba where they just copy and steal tech blueprints. People have put their money into your project. Show your backers some respect for a change.
submitted by JuicyGrabs to mastercoin [link] [comments]

Subreddit Stats: ethtrader top posts from 2016-05-19 to 2017-08-26 15:07 PDT

Period: 464.32 days
Submissions Comments
Total 1000 158906
Rate (per day) 2.15 341.95
Unique Redditors 580 13826
Combined Score 443591 1375918

Top Submitters' Top Submissions

  1. 52229 points, 94 submissions: AutoModerator
    1. [ETH Daily Discussion] - 14/Jun/2017 (2918 points, 8591 comments)
    2. [ETH Daily Discussion] - 15/Jun/2017 (1967 points, 8727 comments)
    3. [ETH Daily Discussion] - 13/Jun/2017 (1765 points, 5286 comments)
    4. [ETH Daily Discussion] - 12/Jun/2017 (1356 points, 13072 comments)
    5. [ETH Daily Discussion] - 24/May/2017 (1352 points, 9583 comments)
    6. [ETH Daily Discussion] - 23/May/2017 (1234 points, 6487 comments)
    7. [ETH Daily Discussion] - 30/May/2017 (1146 points, 9170 comments)
    8. [ETH Daily Discussion] - 25/May/2017 (1015 points, 8355 comments)
    9. [ETH Daily Discussion] - 10/Jun/2017 (1006 points, 8078 comments)
    10. Daily Discussion [Serious] - 17/Jun/2017 (911 points, 2971 comments)
  2. 11133 points, 3 submissions: Justjoshmygosh
    1. Welcome to ethtrader new people, let me save you some time (7190 points, 370 comments)
    2. This is NOT the end (2001 points, 204 comments)
    3. Welcome BACK to ethtrader (1942 points, 117 comments)
  3. 7363 points, 5 submissions: EthTrader_Mod
    1. [ETH Daily Discussion] - 22/May/2017 (4023 points, 10705 comments)
    2. Daily Discussion [Serious] - 16/Jun/2017 (1358 points, 4604 comments)
    3. [ETH Daily Discussion] - 28/May/2017 (684 points, 3434 comments)
    4. [ETH Daily Discussion] - 29/May/2017 (650 points, 4714 comments)
    5. [ETH Daily Discussion] - 04/Jun/2017 (648 points, 3933 comments)
  4. 3957 points, 1 submission: saintmax
    1. Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly (3957 points, 204 comments)
  5. 3949 points, 10 submissions: OperationNine
    1. One Of The Biggest Crypto Exchanges Chinese Huobi To Add ETH Trading!! Over $217 Million (30% of BTC) Trading Volume In Last 24 Hrs. Yuge. (1187 points, 168 comments)
    2. MSM Coverage By BBC On Ethereum!! "It's Not Just Bitcoin Anymore" This Could Be Really Big Exposure. (512 points, 117 comments)
    3. Forbes Releases Article Featuring New EEA Members (440 points, 41 comments)
    4. Take A Listen To What Is Being Said About Ethereum, And Bitcoin On Bloomberg TV (420 points, 98 comments)
    5. How I See ETH. And How You Should See ETH Too. We're Early. (283 points, 59 comments)
    6. "You will be blown away when you see the next group of members that are onboarding Enterprise Ethereum. Its kind of the who's who of planet earth." - Mid April Announcement (276 points, 137 comments)
    7. Crypt0 Interview With Andrew Keys: More EEA Members Coming In June. "A Lot Of Great Stuff On The Horizon, It's Going To Get Very Interesting." (243 points, 31 comments)
    8. "Casper: we'll see, it's moving forward substantially more quickly now than before as we are almost done a PoC implementation in python" - Vitalik Buterin (231 points, 8 comments)
    9. It took 7 years for the value of all cryptocurrency to hit $10 billion, another year to hit $20 billion & 3 more months to hit $40 billion. (180 points, 45 comments)
    10. Ethereum Featured On TV3 News In New Zealand (177 points, 30 comments)
  6. 3941 points, 1 submission: DAXEEY
    1. Literally.. (3941 points, 168 comments)
  7. 3915 points, 10 submissions: ScienceGuy9489
    1. Technical Analysis, Liftoff Due June 16th (757 points, 1059 comments)
    2. I predicted the last two liftoffs, the next one is by May 24th. (726 points, 542 comments)
    3. I predicted the last 3 liftoffs, this is a situation update (504 points, 463 comments)
    4. I predicted the last 3 lifts offs, the next one is by May 29th (365 points, 474 comments)
    5. Possible Correction Coming, June 1st (327 points, 448 comments)
    6. Looks like we are in the clear, especially if we pass $270 before June 9th (311 points, 224 comments)
    7. Correction seems to have failed, recovering now. (264 points, 276 comments)
    8. Liftoff Attempt In Progress (229 points, 271 comments)
    9. ETH Forecast, we are at a critical point. (222 points, 216 comments)
    10. I predicted the last ETH liftoff, the next one is by May 19 (210 points, 198 comments)
  8. 3605 points, 4 submissions: PhiStr90
    1. Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative (2681 points, 315 comments)
    2. Ethereum is now for the first time the blockchain with highest mining incentive or simply put 'the most secured' (363 points, 52 comments)
    3. SECURITY ALERT - Critical bug in Parity's MultiSig-Wallet (345 points, 151 comments)
    4. Ethereum Enterprise Alliance Legal Industry Working Group Press Release (216 points, 8 comments)
  9. 3516 points, 6 submissions: jonesyjonesy
    1. Upvote if you think ethtrader should create a community rating service for ICOs (1902 points, 171 comments)
    2. EthTrader's reaction when they see ScienceGuy is back posting liftoff predictions (528 points, 48 comments)
    3. To anyone who is doubting EOS is offloading their ETH for fiat (424 points, 301 comments)
    4. WARNING: With all this ETH price rise the community is forgetting one critical fact in their calculations (263 points, 83 comments)
    5. Last week you guys wanted to implement a review process on ICOs. Here's what we came up with. (202 points, 95 comments)
    6. My reaction when I checked the price this morning for the first time in 2 months (197 points, 51 comments)
  10. 3386 points, 5 submissions: Hiphopsince1988
    1. Ethereum & the Hodlors that love them (2407 points, 285 comments)
    2. Tweet: Bank of America Demo using its Ethereum app at Microsoft (359 points, 52 comments)
    3. Royal Chinese Mint experimenting with Ethereum ERC 20 tokens to digitize the RMB. (223 points, 41 comments)
    4. $200 ETH Got me like.... (200 points, 12 comments)
    5. Noobs be like... (197 points, 11 comments)
  11. 3300 points, 1 submission: throwaway23613
    1. I Just Became a Crypto Millionaire (3300 points, 677 comments)
  12. 3285 points, 13 submissions: Mr_Yukon_C
    1. Brian Armstrong (Coinbase CEO): "Bitcoin still has a black mark against it if you look at what big banks or more traditional folks in law enforcement think. Ethereum has a blank slate, and that is a chance to reach a mainstream audience." (471 points, 129 comments)
    2. The 0x team donated ~$12,000 to Etherscan and ~$22,000 to MyEtherWallet (396 points, 30 comments)
    3. Current state of the Ethereum network -- Extremely Bullish! (292 points, 80 comments)
    4. The OMG network will be a Plasma chain that uses Ethereum as its root chain. (247 points, 49 comments)
    5. Ethereum Soars 30%, Tops $300 After WEF Blockchain Report (246 points, 33 comments)
    6. Welcome Newcomers; ICO Due Diligence; Anti-ETH FUD; Ethereum "Killers" (235 points, 44 comments)
    7. CNBC: Ethereum jumps 10% amid worries about bitcoin in a wild day for digital currencies (212 points, 47 comments)
    8. Vitalik on basic sharding (post date unknown) (211 points, 50 comments)
    9. Vitalik briefly explains why DPOS (Tezos, EOS, et al.) is less than desirable. (202 points, 92 comments)
    10. Me watching the ETH price rebound today! (200 points, 27 comments)
  13. 3008 points, 11 submissions: BobsBurgers3Bitcoin
    1. Swiss City Announces Plan to Verify IDs Using Ethereum (505 points, 29 comments)
    2. 60,000 Subscribers! (471 points, 41 comments)
    3. Vitalik Buterin on Twitter: "As far as blockchain naming wars go, this is a clever move:" Announcing Bcash – Bcash is a new cryptocurrency that uses the existing Bitcoin ledger combined with Zcash privacy technology. (277 points, 34 comments)
    4. Vitalik Buterin on Twitter: "I quite disapprove of this line of thinking. Crypto is about freedom of choice, not "needing to kill" things." (277 points, 29 comments)
    5. US Top Banking Exec Backs Ethereum Over Bitcoin (251 points, 17 comments)
    6. Vitalik Buterin on Twitter: "Is anyone else still confused by the fact that Poloniex has nothing to do with Poland, and BitMEX has nothing to do with Mexico?" (248 points, 56 comments)
    7. Vitalik Buterin on Twitter: "Public blockchain design is nowhere remotely close to being like structural engineering of bridges. Maybe more like geopolitics." (231 points, 31 comments)
    8. Just sold all my children for ETH, is it smart? (213 points, 74 comments)
    9. Vitalik Buterin on Twitter: "For those interested in updates on casper econ research, here's one more source (still WIP!) with a few documents" (182 points, 17 comments)
    10. 70,000 Subscribers! (181 points, 16 comments)
  14. 2992 points, 6 submissions: Nooku
    1. The story behind Ethereum Classic (ETC) - and who's trying to steal your wealth through it (1424 points, 460 comments)
    2. To all Gnosis token holders. Take a seat before reading this. (442 points, 217 comments)
    3. Andreas Brekken on Twitter: "#Ethereum life sounds so easy. Vitalik says fees are too high and miners cut them by 80%. In #Bitcoin they'd tell you to f... your mom." (426 points, 48 comments)
    4. This is Bitcoin (263 points, 106 comments)
    5. A hard fork is the best thing for the Ethereum network; credibility and ideology is bullshit. Ethereum simply has to execute programs, the rest comes later. (230 points, 323 comments)
    6. We are trending (207 points, 13 comments)
  15. 2852 points, 4 submissions: brantlymillegan
    1. Seinfeld gives trading advice in a bear market (1138 points, 96 comments)
    2. Let's be honest, this is most of us here on /ethtrader... (1095 points, 62 comments)
    3. Jerry & George give /ethtrader advice to traditional traders (441 points, 59 comments)
    4. Ethereum 24 hr trading volume surpasses Bitcoin - again (178 points, 12 comments)
  16. 2750 points, 9 submissions: barthib
    1. Overstock lets customers pay with more than 40 cryptocurrencies, including ETH (673 points, 111 comments)
    2. At the end of the year, the first official European investment fund in cryptocurrencies launches (ETH, BTC, LTC, ...) (425 points, 50 comments)
    3. Today is important in the History of cryptocurrencies. Miners earn now more money by securing Ethereum than Bitcoin. (376 points, 43 comments)
    4. List of positive news expected in the next days, weeks and months (254 points, 174 comments)
    5. As warned before the recent network upgrade, Bitcoin's average transaction fee approaches now $1 again. Keep in mind that Bitcoin's fees and delays initiated its loss of market share (and the big rise of Ethereum) a few months ago. (229 points, 101 comments)
    6. Summary of the last two days: Russia wants to issue a currency on Ethereum. A representative of China's central bank thinks that Ethereum is of national interest. Singapore wants to issue a currency on Ethereum. (221 points, 44 comments)
    7. Today is important in the History of Ethereum. One of the largest regulated exchanges on Earth allows billions of new citizens to invest in ETH (212 points, 58 comments)
    8. The completion of the developer preview of Raiden jumped to 64%. The work progresses. (185 points, 23 comments)
    9. Raiden (the "SegWit+Lightning" of Ethereum) completion is now at 85% (175 points, 75 comments)

Top Commenters

  1. Happy1013 (14018 points, 1093 comments)
  2. econoar (10292 points, 828 comments)
  3. csasker (8986 points, 1062 comments)
  4. antiprosynthesis (8917 points, 1165 comments)
  5. jtnichol (8652 points, 796 comments)
  6. myownman (6709 points, 802 comments)
  7. Mr_Yukon_C (6637 points, 648 comments)
  8. IRefuseToGiveAName (6636 points, 689 comments)
  9. OperationNine (6154 points, 426 comments)
  10. laughncow (5796 points, 488 comments)
  11. Enigma735 (5755 points, 625 comments)
  12. Nooku (5592 points, 381 comments)
  13. ninethirtyone (5425 points, 497 comments)
  14. loveYouEth (4997 points, 309 comments)
  15. oldskool47 (4828 points, 443 comments)
  16. ruvalm (4425 points, 311 comments)
  17. jezzaccc (4419 points, 362 comments)
  18. dillllllzzzzz (4262 points, 397 comments)
  19. cutsnek (4127 points, 348 comments)
  20. subdep (4086 points, 432 comments)
  21. ethacct (3968 points, 323 comments)
  22. blog_ofsite (3803 points, 477 comments)
  23. ConsiderButDont (3681 points, 432 comments)
  24. pinastri (3569 points, 330 comments)
  25. talkingbob (3558 points, 554 comments)
  26. hodlerforlife (3512 points, 320 comments)
  27. fat_jakey (3464 points, 138 comments)
  28. doppio (3420 points, 239 comments)
  29. thepipebomb (3419 points, 252 comments)
  30. Sensualities (3386 points, 252 comments)
  31. resistingdopamine (3310 points, 262 comments)
  32. earthquakequestion (3266 points, 366 comments)

Top Submissions

  1. Welcome to ethtrader new people, let me save you some time by Justjoshmygosh (7190 points, 370 comments)
  2. [ETH Daily Discussion] - 22/May/2017 by EthTrader_Mod (4023 points, 10705 comments)
  3. Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly by saintmax (3957 points, 204 comments)
  4. Literally.. by DAXEEY (3941 points, 168 comments)
  5. I Just Became a Crypto Millionaire by throwaway23613 (3300 points, 677 comments)
  6. [ETH Daily Discussion] - 14/Jun/2017 by AutoModerator (2918 points, 8591 comments)
  7. Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative by PhiStr90 (2681 points, 315 comments)
  8. Ethereum on cnbc 💗 by ALBORCA (2603 points, 136 comments)
  9. PAID OFF MY HOUSE by gemmly777 (2597 points, 504 comments)
  10. As a veteran investor by priuspilot (2447 points, 290 comments)

Top Comments

  1. 1049 points: phigo50's comment in My wife just talked me out of selling $10,000 eth
  2. 863 points: AlexanderSupersloth's comment in Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly
  3. 810 points: khalo_'s comment in Welcome to ethtrader new people, let me save you some time
  4. 760 points: xUBERJEWx's comment in I'm out. It's been a good run.
  5. 719 points: Anthrogic's comment in ETH Forecast, we are at a critical point.
  6. 715 points: xDonGately's comment in ETH price is gonna moon this weekend! ICO's gonna dump into it!
  7. 627 points: PC__LOAD__LETTER's comment in Technical Analysis, Liftoff Due June 16th
  8. 625 points: ajmonkfish's comment in I am living in a delusional world
  9. 603 points: vbuterin's comment in Vitalik drops the mic on btc
  10. 579 points: Brosthetics's comment in As a veteran investor
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

Subreddit Stats: Bitcoin top posts from 2017-01-09 to 2017-02-08 00:18 PDT

Period: 29.84 days
Submissions Comments
Total 999 46557
Rate (per day) 33.48 1507.53
Unique Redditors 653 6643
Combined Score 110856 177455

Top Submitters' Top Submissions

  1. 3932 points, 2 submissions: tuqqs
    1. Clearly not mainstream yet (2808 points, 104 comments)
    2. what it'll look like, when it happens (1124 points, 195 comments)
  2. 3593 points, 19 submissions: helmsk
    1. Countdown: Bitcoin Will Be a Legal Method of Payment in Japan in Two Months (2316 points, 151 comments)
    2. Europe Lays Out Roadmap to Restrict Payments in Cash and Cryptocurrencies (317 points, 102 comments)
    3. Polish Bitcoin Adoption Escalating with Strong Ecosystem (86 points, 4 comments)
    4. Why South Korean Bitcoin Adoption Could Outpace Most Other Countries This Year (74 points, 3 comments)
    5. Pakistan Set to Become a Major Bitcoin Hub (72 points, 49 comments)
    6. UAE Did Not Ban Bitcoin (72 points, 2 comments)
    7. Europe Committed to Tightening Digital Currency Rules by End of 2017 (71 points, 23 comments)
    8. How to Start Your Own Bitcoin ATM Business (67 points, 15 comments)
    9. Coincheck's Growth Reveals Surging Japanese Bitcoin Trade (62 points, 8 comments)
    10. How Trump's Wall and Remittance Tax Could Give Bitcoin a Boost (60 points, 23 comments)
  3. 3177 points, 2 submissions: futureofeverything
    1. "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami (3136 points, 227 comments)
    2. Why Venezuela's Currency Crisis Is A Case Study For Bitcoin (41 points, 1 comment)
  4. 2577 points, 7 submissions: Pizpie
    1. Welcome to Bitcoin, everyone. Don't worry, he'll recover. (1353 points, 155 comments)
    2. Breaking: Huobi & BTCC stopped margin trading, OKc leverage only 1x, finally no more fake BTC generated by exchange (485 points, 160 comments)
    3. Breaking: Bitcoin exchange Coinbase receives New York BitLicense (242 points, 55 comments)
    4. Canada Goose is thinking about accepting Bitcoin - Let them know what you think! (191 points, 49 comments)
    5. Confirmed: Huobi reactivates margin trading, with a limit of 100k CNY instead of 10 million CNY. (160 points, 79 comments)
    6. BREAKING: Huobi official announcement: We are considering charging trading fees. (80 points, 25 comments)
    7. Breaking: PBOC strikes again - Lending disabled on BTCC (66 points, 70 comments)
  5. 1941 points, 1 submission: bahatassafus
    1. Internet Archive: $3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day! Thank you! (1941 points, 31 comments)
  6. 1338 points, 1 submission: kynek99
    1. Deutsche Bank - More than $10 billion in transactions never appeared on the books. That's why banksters don't want to use public blockchains. (1338 points, 96 comments)
  7. 1294 points, 1 submission: umbawumpa
    1. Julian Assange just used the current block hash as proof-of-not-prerecorded-interview in his AMA (1294 points, 182 comments)
  8. 1272 points, 2 submissions: Butt_Cheek_Spreader
    1. When you ride the bitcoin rally (1189 points, 204 comments)
    2. OKcoin and Huobi provided margin trading that violated rules resulting in abnormal price and fluctuations. (83 points, 28 comments)
  9. 1258 points, 4 submissions: dan_from_san_diego
    1. I started mining bitcoin in the desert. Here's some of what I have learned. (516 points, 575 comments)
    2. Chase is closing my account due to bitcoin purchases. Nice. (478 points, 410 comments)
    3. Here are some pictures of the solar greenhouse in the desert I am using to mine bitcoin. (140 points, 303 comments)
    4. Man... Brian Kelly from CNBC really fell hard for bitcoin. I like that! (124 points, 27 comments)
  10. 1250 points, 10 submissions: PoCaMiQu
    1. Can we fucking acknowledge that the Chinese Government just legitimized bitcoin? (604 points, 154 comments)
    2. WTF Huffington Post <---Fake News: "Bitcoin Plummets On Yuan Reversal" (218 points, 71 comments)
    3. This is what I like to see when checking daily's finances. (122 points, 22 comments)
    4. Beautiful balance (71 points, 13 comments)
    5. Reminder: Bitcoin's immutability is not only not a bug, but its main feature. Scalability comes secondary to it. (44 points, 20 comments)
    6. Bitcoin Price Gets Ready to Factor In Winklevoss Bitcoin ETF Approval (43 points, 24 comments)
    7. Paxful - a global leader in peer-to-peer bitcoin technology - has launched a new widget, allowing anyone to buy bitcoin worldwide instantly with over 300 ways to pay. (41 points, 34 comments)
    8. Scaling Revisited: What If Bitcoin's Big 'Problem' is Its Great Strength? (38 points, 16 comments)
    9. Flashback to the 90's: Interviewer asks Fed Chair "What is Blockchain?" (37 points, 21 comments)
    10. It seems all those FUD mongers were wrong when they predicted the price would crash without China's "liquidity" (32 points, 13 comments)
  11. 1155 points, 16 submissions: eragmus
    1. Ben Davenport (BitGo CTO): "Centralization of mining has led to some miners thinking they're in charge of Bitcoin. They forgot where Bitcoin's value comes from." (169 points, 112 comments)
    2. [Twitter Poll] Charlie Lee (Director of Engineering @ Coinbase): "What's the most important feature of Bitcoin that we must not sacrifice? Decentralization, Security, Low fees, Global payments" (116 points, 62 comments)
    3. Hernz: "Did you know you can get paid to help spread misinformation? -birds dot bitcoin dot com-" (hosted by Roger Ver) (106 points, 38 comments)
    4. The Passion of 'Bitcoin Jesus': How The Blockchain's Most Beloved Investor Became its Most Polarizing (101 points, 52 comments)
    5. Jonas Nick: "MimbleWimble blockchain (non-interactive coinjoin + pruning) may be able to support Lightning" / ref: Andrew Poelstra @ lists.launchpad.net/mimblewimble/msg00022.html (96 points, 19 comments)
    6. Bitcoin Core - IRC Meeting Summary (January 19, 2016) (83 points, 16 comments)
    7. Bitcoin Core - IRC Meeting Summary (January 12, 2016) (68 points, 7 comments)
    8. WhalePanda: "Analyzed @rogerkver's 'Cry Wolf' tactic on censorship on /bitcoin." (59 points, 16 comments)
    9. Inside MAST: The Little-Known Plan to Advance Bitcoin Smart Contracts (52 points, 8 comments)
    10. Bitcoin Core - IRC Meeting Summary (January 5, 2016) (51 points, 2 comments)
  12. 1155 points, 14 submissions: castom
    1. Russian Authorities: Bitcoin Poses No Threat, Won’t Be Banned (575 points, 80 comments)
    2. Bitcoin Goes to Washington - Trump May Hire More Digital Currency Leaders (86 points, 50 comments)
    3. With Another $30 Million Investment, BitFury becomes the Highest-funded Bitcoin Company (80 points, 3 comments)
    4. Nigeria's Bitcoin Interest Unwavering Despite Government Crackdown (64 points, 3 comments)
    5. German TV Calls Bitcoin "Digital Gold" (46 points, 3 comments)
    6. A Town in Illinois Just Announced It's Holding a Bitcoin Sale (46 points, 9 comments)
    7. Coinbase CEO: IRS Battle Could Cost Startup $1 Million (43 points, 15 comments)
    8. Xapo Now Licensed to Operate from Switzerland (39 points, 2 comments)
    9. Bitcoin Payments Startup BitPesa Raises $2.5 Million (32 points, 0 comments)
    10. Lawsuit Accuses Bitcoin ATM Owner of Smashing Competing Machines With Hammers (31 points, 18 comments)
  13. 1140 points, 4 submissions: bdd4
    1. sigh (859 points, 189 comments)
    2. As Predicted. 🙄 PBoC (137 points, 86 comments)
    3. Friendly Reminder: Bitcoin is still up 2.6% for the last 30 days (94 points, 8 comments)
    4. Dead Man's Switch for HODLers (50 points, 84 comments)
  14. 1104 points, 3 submissions: Vaultoro
    1. "Great minds discuss ideas; average minds discuss events; small minds discuss people." can we please stop this culture of bashing or lifting cults of personality and get back to science? (807 points, 143 comments)
    2. The house of Nakamoto in the main shopping strip of Vienna gets massive new bitcoin logo signage 2 stories big, 4 times 4 meters of epic propaganda! (265 points, 32 comments)
    3. I saw a post here that little snitch takes bitcoin. I just purchased a copy! Great little app and well worth 30 bucks. (32 points, 9 comments)
  15. 1088 points, 3 submissions: Carlscrazyidea
    1. You can now buy Bitcoin from any 7-11 in the Philippines! (1021 points, 136 comments)
    2. What is my impact as a Bitcoin holder? (41 points, 45 comments)
    3. I am a Hodling noob who still has a lot of Hodling work to do! (26 points, 30 comments)
  16. 1060 points, 7 submissions: Bitcohen
    1. Mercedes Buys Bitcoin Service Provider in 'Digitization Strategy' (518 points, 70 comments)
    2. Mercedes-Benz cars are now being sold for Bitcoin in Venezuela (348 points, 68 comments)
    3. Dutch Pirate Party pays 11,250 Euro deposit in Bitcoin to Electoral Council (68 points, 9 comments)
    4. Amir Taaki & Cody Wilson's Bitcoin support described by film critic as “defense of criminality” at Sundance Film Festival 2017 (44 points, 13 comments)
    5. Russia's Kaliningrad May Trial 'Legal' Bitcoin, Launch Exchange (31 points, 2 comments)
    6. Bitcurex Owner 'Disappears' After Failing to Return 2,300 BTC (26 points, 2 comments)
    7. Liverpool Launches Own Digital Currency Based on Bitcoin's Blockchain Tech - Attracts 3,000 Users in First Month (25 points, 1 comment)
  17. 1009 points, 1 submission: worstkeptsecrets
    1. Bitcoin on NewEgg. 3rd option! Ahead of Credit Card and PayPal! #ITSHAPPENING (1009 points, 92 comments)
  18. 975 points, 1 submission: SooieSide
    1. You can't get to the moon on a roller coaster. (975 points, 73 comments)
  19. 941 points, 4 submissions: Logical007
    1. UPDATE: Nearly all of Circle's 5 Star Ratings have disappeared today for their latest version (Jan 5th). A stark difference to what we saw earlier, looks like action was taken. (633 points, 177 comments)
    2. Bloomberg: Wyre CEO: "Bitcoin is a good investment for everyone." (VIDEO (188 points, 13 comments)
    3. Bitcoin isn't 'real money'. Google, you need to work on your search results. (85 points, 38 comments)
    4. Coinbase, please fix your merchant invoices on iOS 10. They haven't worked properly for months (while BitPay's work perfectly). Details and screenshot inside. (35 points, 5 comments)
  20. 896 points, 1 submission: amendment64
    1. Just paid 23 cents on a $3.74 transaction. When does it end? $1.00 per transaction? $2? $5? I don't wanna stop using this peer to peer currency, but I'm fast being priced out of it. (896 points, 1017 comments)
  21. 884 points, 2 submissions: theswapman
    1. Bitcoiner interrupts Shia LaBeouf's "He Will Not Divide Us" stream with chant that Bitcoin Will Unite Us! (456 points, 204 comments)
    2. PSA: Xapo will freeze your bitcoin and demand documents AFTER you have deposited (428 points, 101 comments)
  22. 820 points, 3 submissions: MorrisMustang
    1. South Florida Distillers uses heat from bitcoin mining to accelerate rum barrel aging! (709 points, 66 comments)
    2. "See, bitcoin is down 9.75% over the past month...I told you it crashed..." says my wife (72 points, 64 comments)
    3. EthereRum by South Florida Distillers, the worlds first rum distilled from mining heat. Stayed tuned for more details. (39 points, 21 comments)
  23. 799 points, 5 submissions: finalhedge
    1. Patrick Byrne (Overstock CEO) on Fox Business Channel today (288 points, 57 comments)
    2. "Sent my first instant bitcoin LN payment to a random irc user on testnet. Second-layer tech for the win!" | Justin Camarena on Twitter (250 points, 64 comments)
    3. Balaji Srinivasan (21 CEO) just deleted his whole tweet history. Heading to the FDA? (137 points, 69 comments)
    5. Bloomberg: 'Blockchain' Fans Will Have A Rude Awakening In 2017 (25 points, 2 comments)
  24. 798 points, 9 submissions: FluxSeer
    1. Gemini Introduces Zero-Confirmation Bitcoin Deposits (205 points, 69 comments)
    2. Bitcoin Mining Distribution 2012 vs. 2017 (146 points, 69 comments)
    3. When someone says Bitcoin is a ponzi/scam/etc... Send them this link. (131 points, 24 comments)
    4. Developer Release for OpenBazaar 2.0 (123 points, 45 comments)
    5. Federal Reserve Staffer Fined for Mining Bitcoins at Work (62 points, 4 comments)
    6. A Future Led by Bitcoin Unlimited is a Centralized Future (56 points, 38 comments)
    7. Blockstream joins Digital Garage to jointly develop next-generation financial technology (33 points, 15 comments)
    8. Bitcoin Matrix Wallpaper (1920x1080) (23 points, 6 comments)
    9. The ECB Explains Why Central Banks Can't Go Bankrupt (19 points, 7 comments)
  25. 796 points, 1 submission: kidblondie
    1. [AMA] I'm the woman who got pepper sprayed wearing the "Make Bitcoin Great Again" hat. (796 points, 938 comments)
  26. 709 points, 1 submission: silver_89
    1. Liftoff (709 points, 282 comments)
  27. 697 points, 2 submissions: Tfoe1399
    1. Huge shoutout to BTC.com for giving me back my money (666 points, 91 comments)
    2. So this just happened (31 points, 101 comments)
  28. 691 points, 3 submissions: jholmes91
    1. Antonopoulos Supports SegWit, Opens Doors For Lightning and TumbleBit (315 points, 112 comments)
    2. Donald Trump is Considering a Bitcoin Entrepreneur to Lead the FDA (220 points, 137 comments)
    3. Japanese Internet Giant GMO Announces Entrance to Bitcoin Wallet Market (156 points, 14 comments)
  29. 688 points, 2 submissions: belcher_
    1. bitcoin.com loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails (543 points, 428 comments)
    2. Segwit talk by Pieter Wuille. 25 minutes talk time (145 points, 21 comments)
  30. 673 points, 9 submissions: Lite_Coin_Guy
    1. Litecoin Moves to Adopt Bitcoin's SegWit Scaling Upgrade (155 points, 86 comments)
    2. If Bitcoin ETF approval ignites speculative rush, doesn't that prove intense latent demand, blocked only by the SEC? (120 points, 22 comments)
    3. Big miners are free to create their Unlimited coin, but if they try to kill Bitcoin it will resist censorship and route around it. (108 points, 103 comments)
    4. What is money? (93 points, 56 comments)
    5. Charlie Shrems next jail time? (50 points, 15 comments)
    6. In 1996 they said the Internet was in need of a "killer app". In 2016, they said #Bitcoin needed a "killer app", too. (39 points, 17 comments)
    7. Introduction to Bitcoin & Blockchains (38 points, 5 comments)
    8. Evaporative Two-Phase Immersion Cooling (Bitfury) (37 points, 6 comments)
    9. Crypto '98 Rump Session- Hal Finney (33 points, 8 comments)
  31. 635 points, 8 submissions: olivercarding
    1. Bitcoin Has Many Fans at Amazon According to Purse CEO Andrew Lee (152 points, 39 comments)
    2. Bitcoin is Closing in On Its Transaction Capacity Limit, For Real This Time (110 points, 155 comments)
    3. The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a Ponzi Scheme (105 points, 50 comments)
    4. How Bitcoin Is Disrupting The Online Gambling Industry (98 points, 74 comments)
    5. Report Estimates There are More Than 10 Million Bitcoin Holders Worldwide (91 points, 54 comments)
    6. Blockchain Announces Expansion in Middle East; Partners with Dubai Government (32 points, 7 comments)
    7. 3 Teams Receive Funding from $1.2 Million Bitcoin Development Grant, More Funds Incoming (27 points, 7 comments)
    8. Digital Garage and Blockstream Collaborate on New Blockchain Solutions for Japanese Market (20 points, 0 comments)
  32. 630 points, 1 submission: classna
    1. FOMO-ing right now (630 points, 85 comments)
  33. 621 points, 7 submissions: _smudger_
    1. Bitcoin: Why It Now Belongs in Every Portfolio (206 points, 33 comments)
    2. Bitcoin ETF may attract $300 million in the first week, says Needham & company (205 points, 103 comments)
    3. It's time to start thinking about denominating Bitcoins in mBTC permanently. Might be the last time to buy some for less than a dollar each! (82 points, 127 comments)
    4. Big China bitcoin exchange says no government pressure on outflows (46 points, 6 comments)
    5. New weekly record in Local Bitcoin volumes plus new highs in Canada, Colombia, Denmark, Saudi Arabia, Thailand and Venezuela (36 points, 1 comment)
    6. Despite the recent drop the price is hitting new records when averaged over a year (24 points, 10 comments)
    7. Press Release: CD Key retailer CJS CD Keys now Accepting Bitcoin (22 points, 3 comments)
  34. 597 points, 1 submission: arichnad
    1. mac has the new bitcoin Unicode character already! (597 points, 81 comments)
  35. 594 points, 1 submission: drvox1600
    1. Bitcoin just hit $1000 USD! :D (594 points, 147 comments)
  36. 573 points, 4 submissions: bitcoinglobe
    1. Japanese internet giant, GMO, entering bitcoin exchange and wallet markets (451 points, 26 comments)
    2. Abra overview (52 points, 22 comments)
    3. Japan Could See 20,000 Bitcoin Accepting Merchants in 2017 - CryptoCoinsNews (44 points, 5 comments)
    4. Bitcoin is gold with a teleporter (26 points, 2 comments)
  37. 567 points, 9 submissions: PrimeParticle
    1. "Introduction to Bitcoin" - Andreas Antonopoulos (Probably one of the best videos for introducing bitcoin). (131 points, 7 comments)
    2. Venezuela's currency now worth so little shopkeepers weigh vast piles of notes instead of counting them (118 points, 42 comments)
    3. Coins are cheaper in China by $30 to $50 dollars for the first time in a long time, that means... (92 points, 87 comments)
    4. Andreas Antonopoulos - The Death of Money | London Real (57 points, 1 comment)
    5. Abra: Bitcoin To Fiat Withdrawals At Tellers Globally! - 2017 North American Bitcoin Conference (47 points, 14 comments)
    6. Remember that you can use CPFP or RBF to get your transactions confirmed faster. (45 points, 46 comments)
    7. Bitcoin Q&A: The Lightning Network & Rootstock (30 points, 1 comment)
    8. Public Perception of Bitcoin is Slowly Shifting Amid Global Financial Turmoil (25 points, 1 comment)
    9. Bitcoin is shrugging off some big news of out of China (22 points, 1 comment)
  38. 561 points, 1 submission: kevsudos
    1. Bitcoin Hodlers Be Like........ (561 points, 96 comments)
  39. 543 points, 1 submission: turn-down-for-what
    1. $1,000! (543 points, 49 comments)
  40. 539 points, 1 submission: BlahYourHamster
    1. [META] Can we use the Bitcoin Rollercoster Guy as the upvote and downvote arrows? (539 points, 49 comments)
  41. 538 points, 7 submissions: themetalfriend
    1. The real superhero (210 points, 15 comments)
    2. Countries where you can survive on Bitcoin (map) (76 points, 88 comments)
    3. How practical is it to live on Bitcoin: historical progress (gif) (63 points, 40 comments)
    4. Among the countries with the strongest Bitcoin adoption: Slovenia, Finland, Singapore, Hong Kong, Canada, Switzerland (63 points, 13 comments)
    5. Long-term bitcoiner checking this sub (51 points, 9 comments)
    6. The complete list of the factors that influence the value of Bitcoin (45 points, 29 comments)
    7. Will Bitcoin work on Mars? (30 points, 41 comments)
  42. 521 points, 2 submissions: roasbeef
    1. Announcing the Alpha Release of the Lightning Network Daemon! (427 points, 152 comments)
    2. Setting up and Testing LND with the Testnet Lightning Faucet (94 points, 7 comments)
  43. 506 points, 1 submission: ToTheMoonGuy
    1. Super Bowl Bitcoin Lady (506 points, 37 comments)
  44. 484 points, 1 submission: ssienk117
    1. My new Phone background. Thanks u/SooieSide/ (484 points, 30 comments)
  45. 472 points, 2 submissions: Wingsuit
    1. I think duck duck go should improve their decimal accuracy (386 points, 41 comments)
    2. Bitcoin achieves leetness in Australia (86 points, 12 comments)
  46. 470 points, 1 submission: robertgenito
    1. The REAL good ol' days of bitcoin... (470 points, 103 comments)
  47. 444 points, 1 submission: loserkids
    1. Bitcoin saved my ass in South East Asia (444 points, 115 comments)
  48. 441 points, 1 submission: boyber
    1. LibreTaxi, free and open source UbeLyft alternative to connect passengers and drivers - bitcoin integration on the way! (441 points, 94 comments)

Top Commenters

  1. nullc (2659 points, 215 comments)
  2. kidblondie (2127 points, 89 comments)
  3. BashCo (1530 points, 293 comments)
  4. dellintelbitcoin (1400 points, 372 comments)
  5. smartfbrankings (1141 points, 265 comments)
  6. belcher_ (1031 points, 149 comments)
  7. Frogolocalypse (986 points, 322 comments)
  8. dan_from_san_diego (949 points, 554 comments)
  9. Cryptolution (851 points, 226 comments)
  10. Vaultoro (822 points, 100 comments)
  11. thieflar (792 points, 231 comments)
  12. Lite_Coin_Guy (748 points, 219 comments)
  13. Cryptoconomy (728 points, 134 comments)
  14. Coinosphere (723 points, 282 comments)
  15. luke-jr (718 points, 141 comments)
  16. waxwing (707 points, 117 comments)
  17. bitsteiner (658 points, 157 comments)
  18. BitttBurger (646 points, 157 comments)
  19. shesek1 (607 points, 132 comments)
  20. pb1x (595 points, 76 comments)
  21. jratcliff63367 (591 points, 45 comments)
  22. supermari0 (587 points, 131 comments)
  23. bitusher (581 points, 96 comments)
  24. 4n4n4 (576 points, 79 comments)
  25. coinjaf (562 points, 225 comments)
  26. glockbtc (541 points, 168 comments)
  27. 45sbvad (539 points, 102 comments)
  28. killerstorm (536 points, 119 comments)
  29. adam3us (527 points, 66 comments)
  30. maaku7 (527 points, 63 comments)
  31. nopara73 (523 points, 120 comments)
  32. phor2zero (499 points, 66 comments)
  33. PrimeParticle (496 points, 108 comments)
  34. sreaka (495 points, 155 comments)
  35. jonny1000 (488 points, 98 comments)
  36. CoinCadence (487 points, 77 comments)
  37. SatoshisCat (480 points, 150 comments)
  38. petertodd (473 points, 24 comments)
  39. spoonfednonsense (472 points, 126 comments)
  40. Hitchslappy (472 points, 102 comments)
  41. albuminvasion (466 points, 84 comments)
  42. Taek42 (456 points, 44 comments)
  43. chrisrico (452 points, 87 comments)
  44. AnonymousRev (451 points, 115 comments)
  45. the_bob (443 points, 114 comments)
  46. satoshicoin (438 points, 65 comments)
  47. Riiume (434 points, 83 comments)
  48. exab (430 points, 125 comments)
  49. jimmajamma (422 points, 141 comments)
  50. brg444 (421 points, 69 comments)

Top Submissions

  1. "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami by futureofeverything (3136 points, 227 comments)
  2. Clearly not mainstream yet by tuqqs (2808 points, 104 comments)
  3. Countdown: Bitcoin Will Be a Legal Method of Payment in Japan in Two Months by helmsk (2316 points, 151 comments)
  4. Internet Archive: $3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day! Thank you! by bahatassafus (1941 points, 31 comments)
  5. Welcome to Bitcoin, everyone. Don't worry, he'll recover. by Pizpie (1353 points, 155 comments)
  6. Deutsche Bank - More than $10 billion in transactions never appeared on the books. That's why banksters don't want to use public blockchains. by kynek99 (1338 points, 96 comments)
  7. Julian Assange just used the current block hash as proof-of-not-prerecorded-interview in his AMA by umbawumpa (1294 points, 182 comments)
  8. When you ride the bitcoin rally by Butt_Cheek_Spreader (1189 points, 204 comments)
  9. what it'll look like, when it happens by tuqqs (1124 points, 195 comments)
  10. You can now buy Bitcoin from any 7-11 in the Philippines! by Carlscrazyidea (1021 points, 136 comments)

Top Comments

  1. 380 points: Tyatku's comment in When you ride the bitcoin rally
  2. 340 points: Vaultoro's comment in Just paid 23 cents on a $3.74 transaction. When does it end? $1.00 per transaction? $2? $5? I don't wanna stop using this peer to peer currency, but I'm fast being priced out of it.
  3. 323 points: jamesdpitley's comment in "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami
  4. 290 points: Clutch70's comment in Clearly not mainstream yet
  5. 212 points: BitcoinDreamland's comment in South Florida Distillers uses heat from bitcoin mining to accelerate rum barrel aging!
  6. 206 points: bitpotluck's comment in FOMO-ing right now
  7. 195 points: howardkinsd's comment in Clearly not mainstream yet
  8. 182 points: beloboi's comment in "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami
  9. 181 points: BattleChimp's comment in "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami
  10. 179 points: kidblondie's comment in [AMA] I'm the woman who got pepper sprayed wearing the "Make Bitcoin Great Again" hat.
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

Spendabit, Storj, Overstock and more. by Huobi

Hi everybody, we are from Huobi.com! Welcome to check our weekly summary of the latest virtual currency related events to provide you the comprehensive perspective to know the industry. Now let’s review what important news happened last week!
Blockchain application:
If you are interested on bitcoin trading visit our website Houbi.com. We are one of the largest BTC-USD, BTC-CNY trading platform in the world. HUOBI OFFERS FREE BTC-CNY/LTC-CNY TRADING, 24*7 CUSTOMER SERVICES AND SECURE PROTECTION FOR USER ASSETS. Welcome to trade on Huobi.com!
submitted by Huobi-USD to Bitcoin [link] [comments]

New Age Media Management now accepting Bitcoin

Now Accepting Bitcoin
New Age Media Management, a New York City-based management firm, is betting on Bitcoin, and plans to accept the crypto-currency beginning March 14.
Though some might question the move given Bitcoin's current spate of bad press, New Age founder Adam Lopez has no qualms about taking the crypto-currency, which is unregulated, has no central bank and has fluctuated wildly since the first Bitcoins were issued about five years ago.
"It's breaking into a lot of merchant circles very quickly and we wanted to be the first in the entertainment space to accept it," Lopez told Pollstar. "No one has really come forward saying they'll accept this for everything from artist commissions to consultation payments to anything we deal with across the board.
"We pride ourselves on being very tech forward. This is something our team has been researching for eight months to a year - watching prices, the stock as it rises and falls, and we felt like right now, despite it getting a little bad press recently, was the right time to make it public."
The bad press stems from news that one of the most prominent exchanges for Bitcoin trading - the Japan-based Mt. Gox - announced it was filing for bankruptcy last month after about 850,000 Bitcoins valued at more than $400 million disappeared from its digital coffers.
In a news conference, Mt. Gox CEO Mark Karpelès explained the exchange had been hacked, and "there was some weakness in the system, and the Bitcoins have disappeared. I apologize for causing trouble," he said, according to the Wall Street Journal.
Another Bitcoin bank, Flexcoin, called it quits March 2, announcing on its site, "Flexcoin was attacked and robbed of all coins in the hot wallet. The attacker made off with 896 BTC. . As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately." Elsewhere, Autumn Radtke, the CEO for virtual currency exchange First Meta, was found dead in her Singapore home in what's been reported as an apparent suicide.
Bitcoin has taken hits previously. After the FBI shut down online black-market site Silk Road in October 2013, seizing 144,000 Bitcoins, the value of the crypto-currency plummeted.
It has since recovered and many have called for increased regulations, which Lopez thinks could eventually help legitimize the virtual currency. But it's also going to take buy-in from huge e-commerce companies such as the Amazons of the world before Bitcoin might gain wide acceptance.
New Age Media Management's interest was piqued through the entertainment investment space and its dealings with venture capitalists.
"You have the Winklevoss twins, people like Fred Wilson, and Google ventures who have all invested $30 or $35 million apiece into this venture," Lopez said, adding it's important to separate the currency from the technology as they're investing in "the technology of it. That's really where the money is - investing in the technology of this being accepted and getting merchants on board."
Overstock.com is one such merchant. The company announced in January it would accept the virtual currency and said March 4 it expects Bitcoin sales to reach $10 million or $15 million this year, up from the $5 million it had expected, the WSJ reported.
Richard Branson's Virgin Galactic has also backed Bitcoin for its commercial space flights. The Winklevoss twins, coincidentally, announced March 5 they'd booked their Virgin Galactic flights using the crypto-currency.
Aside from the potential investment aspects of Bitcoin, Lopez noted his company could save thousands on fees by accepting the virtual currency.
"The transaction fees are incredibly lower," he said. "Sometimes you'll have a 3 or 4 percent transaction fee if you go through somebody like PayPal or a credit card where as with Bitcoin you're looking at something like half a percent. That makes all the difference when you're doing transactions in the tens of thousands of dollars and saves you that much more money."
It's an idea that makes sense, and just one reason Lopez is so confident about accepting the crypto-currency.
"Bitcoin is definitely in the infancy stages so it's going to fluctuate a lot in price and in interest but we feel like a lot of our artists and the VCs we work with are very excited about the concept," he said.
-Dana Parker-McClain
submitted by wmbutler to Bitcoin [link] [comments]

Patrick M. Byrne CEO of OVERSTOCK.COM talks BITCOIN Overstock.com CEO: Main event of bitcoin is blockchain Overstock CEO on the power of bitcoin Overstock CEO: bitcoin a 'form of sound money' Patrick Byrne CEO of Overstock talks about Bitcoin (Ep 28: A Bit Cryptic Podcast)

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Overstock.com Inc's sales through bitcoin are expected to add 4 cents per share to its earnings this year, the online retailer's chief executive, Patrick Byrne, told Reuters. Bitcoin sales at Overstock , which started accepting this type of currency Jonathan Johnson serves as CEO of Overstock.com, Inc. and president of Medici Ventures Inc. In these dual roles, Johnson oversees and sets the direction for both Overstock Retail and Medici Ventures, Overstock's subsidiary focused on using blockchain technology to democratize capital, eliminate frictional middlemen and re-humanize commerce. Overstock Overstock.com CEO Patrick Byrne says Bitcoin holders have boosted his company’s bottom line as a reward for his decision earlier this year to become the first major retailer to accept the digital currency. Reached by phone by Business Insider Tuesday, Byrne confirmed a report from Reuters’ Last month, in a letter to shareholders, CEO Patrick M. Byrne announced that Saum Noursalehi, formerly president of Overstock.com will assume the role of CEO of tZERO. To facilitate Saum's appointment as CEO of tZERO, Byrne is giving up the tZERO CEO title and assuming the role of tZERO Executive Chairman. t0.com, Inc. ("tZERO") is a majority owned subsidiary of Overstock.com, focusing on the ... Jumpin’ ju-ju beans this is interesting. During a live broadcast on Fox Business the CEO of Overstock Inc, Patrick Byrne, explained the earlier announcement of why he was resigning as CEO from the company he created.. According to Patrick Byrne, due to an earlier relationship relating to Wall Street and assisting federal officials with an investigation therein, he was approached in/around ...

[index] [45220] [6529] [47717] [13465] [7494] [2729] [12609] [34619] [1589] [21130]

Patrick M. Byrne CEO of OVERSTOCK.COM talks BITCOIN

Overstock.com CEO Patrick Byrne discusses his outlook for bitcoin and holiday shopping. Patrick M. Byrne CEO of OVERSTOCK.COM talks about Bitcoin going up in value Learn about Bitconnect: https://goo.gl/71kFZQ TWITTER: https://twitter.com/Crypto... Overstock.com CEO Patrick Byrne on the online retailer's blockchain business. Overstock.com's CEO Wants To Undermine Wall Street With The Tech Behind Bitcoin (HBO) - Duration: 7:30. VICE News 70,981 views CEO of Overstock, Patrick Byrne, talks with me at Porcfest about the financial system, and what he believes should be the government's role in bitcoin. This ...