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Month: March 2016

Is Bitcoin’s Civil War Over? ?>

Is Bitcoin’s Civil War Over?

It has been almost a year since the Great Bitcoin Debate, which unleashed Bitcoin’s civil war, was brought to public attention. Now, a year later, an unofficial truce seems to have been reached with bitcoin’s potential crypto competitors, such as Ethereum, and potential competition from numerous bank sponsored consortiums focusing attention once again on making bitcoin great and appealing to all.

The Great Bitcoin Debate began with a series of posts by Gavin Andresen in Spring 2015 which argued for an increase in transaction capacity due to estimates that the limit of approximately 200,000 daily transactions would be reached by early 2016….

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Bitcoin Undervalued By Over $200, Investment Bank Report Finds ?>

Bitcoin Undervalued By Over $200, Investment Bank Report Finds

Investment bank and asset management firm Needham & Company has released a report that concludes that bitcoin is currently undervalued by 58% based on today’s price.

The report values bitcoin at $655, compared to about $412 today and advises that investors buy shares in the Bitcoin Investment Trust (GBTC), a vehicle for speculators to invest in bitcoin without actually buying and holding the asset.

Spencer Bogart, author of the report and Needham’s newly appointed equity research associate in charge of bitcoin and blockchain,…

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#4 Twitter Contest ?>

#4 Twitter Contest

Hey guys,

Our 4th Twitter contest will end tomorrow (27/03/2016) at 5 pm (UTC -3).

If you didn’t participate yet, you still have chance to win up to 200,000 satoshi only by doing some simple Twitter tasks.

This time we’ll select 7 winners!! 🙌

These are the prizes:

#1 – 200,000 satoshi
#2 – 175,000 satoshi
#3 – 150,000 satoshi
#4 – 125,000 satoshi
#5 –…

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Japan Debates Regulating Bitcoin as Currency; Banks Eager to Study Blockchain ?>

Japan Debates Regulating Bitcoin as Currency; Banks Eager to Study Blockchain

japan-debates-regulating-bitcoin-as-currency-banks-eager-to-study-blockchainJapan recently made headlines by announcing that its government was considering defining Bitcoin and other digital currencies as currency rather than commodity.

This was confirmed by Tomonori Kanda, representing the financial affairs section of the Liberation Democratic Party (LDP). He told The Guardian that the plan was to bring the matter up in Parliament.

Even after the Mt. Gox fiasco, Japan recognized Bitcoin’s potential two years ago, and asked members within the Bitcoin and blockchain industry to form a self-regulatory authority called the Japan Authority of Digital Assets (JADA)….

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