bitcoins

  • News

    Look Who Thinks Bitcoins Won’t Keep Losing Value Until They’re Totally Worthless (Vikram Pandit)

    The less bitcoins are worth, the more people want to invest real money with people doing business in the fake stuff. And what people, too: The New York Stock Exchange! And Vikram Pandit!

    / Jan 21, 2015 at 1:15 PM
  • Banks

    HSBC Has Second Thought About The Whole Bitcoin Thing

    It’s been a while since HSBC agreed to get out of the money-laundering business for the low, low price of $1.9 billion. Alas, as of a few months back, the bank still had a bit of work to do re: not laundering money for drug dealers or rogue states anymore. Plus, there are a few […]

    / Dec 2, 2014 at 3:21 PM
  • News

    Who Wants To Earn An Extra $36K Per Year?

    Just lose your job because all of a sudden manipulating the currency markets is not OK? Or because maybe Brian Moynihan runs your company? Maybe you still have a job, but you were informed that “black edge” will no longer be rewarded and you somehow don’t know who else has been insider-trading your way to […]

    / Nov 24, 2014 at 12:29 PM
  • Elie's idea of an Icelandic prison.

    News

    Deal Judge: We’re Going To Need A New Master of Coin

    Ed. note: This is a new weekly column by Elie Mystal, Managing Editor of Above the Law Redline, wrapping up the week that was in law and finance. Elie is not a practicing attorney, and anything he says that you listen to can and will be used against you. Issue #1: How can you get […]

    / Nov 21, 2014 at 4:30 PM
  • News

    The Bitcoin Definitional Debate Is Over

    The digital currency is a commodity, according to a guy whose job, coincidentally, is the regulation of commodities.

    / Nov 19, 2014 at 11:00 AM
  • News

    Real Ponzi Scheme Possible With Fake Money

    Inevitably, somebody was going to run a Ponzi scheme with bitcoins, and so it has (allegedly!) come to pass: Trendon Shavers of exurban Dallas won the race to be hit with the first such criminal charges, although some of the element of surprise went out of it when the SEC fined him $40 million for […]

    / Nov 7, 2014 at 1:02 PM
  • News

    SEC Might, Might Not Be Doing Its Job Vis-à-Vis Bitcoin

    There are things at which the Securities and Exchange Commission should probably have a look. Like, say, the unregistered issuance of securities by companies dealing in fake currencies. You know, just a gander, if for no other reason than to demonstrate that they’re expected to follow all of those boring, stupid rules they hate so […]

    / Oct 30, 2014 at 5:00 PM
  • News

    Bitcoin Enthusiasts To Cheer Themselves Up By Living Like Mike Tyson, Fictional Heroes From ‘The Hangover’

    The Biterati will gather this week in—where else?—Las Vegas to celebrate, well, something, and to pick the startups that will staunch the bleeding and destroy the fiat currency that they undoubtedly paid for everything with.

    / Oct 6, 2014 at 12:00 PM
  • bitcoins

    News

    Allowance Watch ’14: You Can Earn 5 Bitcoins A Week These Days But You’re Not Gonna If This Trash Doesn’t Make Its Way To The Curb In The Next 5 Minutes

    People worldwide have opened 41 million bitcoin accounts, according to the Bank of England. While the total value of bitcoin commerce isn’t known, Gil Luria, an analyst at Wedbush Securities Inc., estimates global spending on goods and services has doubled in the past year. Parents are dispensing allowances in bitcoins so their kids learn to […]

    / Sep 25, 2014 at 10:42 AM
  • News

    Europeans No Longer Forced To Hide Bitcoins Under Invisible Mattress

    Coinbase will now provide instawallets in Europe, giving continental anarchists, Grecophobes and tin-foil-hat-wearers a potentially secure place to “hold” their fake money.

    / Sep 11, 2014 at 12:52 PM
  • News

    Bitcoin Ethusiasts Of The World, Unite!

    Your comrade in metaphorical arms (as opposed to the real ones he’s accused of helping sell) needs your help. Rather than go out in a blaze of courtroom glory, Bitinstant founder and former Bitcoin Foundation vice chairman Charles Shrem has decided that discretion is the better part of valor or that he’d rather live to […]

    / Sep 2, 2014 at 3:30 PM
  • News

    Poor People Like Bitcoins More Than Less Poor People

    Maybe it’s because the dollar economy has been so good to the 1%-ers. Maybe it’s because they’re spending too much time on waterskies in St. Barths to worry about such things as the gold standard, the world government under Denver International Airport or cryptocurrencies. Whatever it is, not too many people pulling in $100,000-plus are […]

    / Aug 28, 2014 at 3:56 PM
  • News

    Local Man All But Sure Dollars Will Be Worthless In 28 Months

    Gold bugs and bitcoin enthusiasts tend to be a lot alike, what with their affinity for conspiracy theories and wariness of governments and their fiat currencies that would totally collapse if people just really thought about it. So I guess it should be no surprise that the first company anywhere to say “thanks but no […]

    / Aug 25, 2014 at 12:37 PM
  • News

    Fake, Unregulated Currency Not Unregulated Enough For Some

    The Bitcoin movement has a Tea Party, the cryptoanarchists, and some of them—including at least one accused felon—have made a slick new video declaring the virtual currency’s independence from, well, something high-minded, we’re sure.

    / Aug 18, 2014 at 4:10 PM
  • News

    The Bitcoin Bugle: Still Relevant!

    Months after everyone else got into a lather about it, word of this strange “cryptocurrency” called “bitcoin” has reached the desks of the folks over at the Consumer Financial Protection Bureau. And now that no one cares about them anymore, the regulator is leaping onto the case.

    / Aug 12, 2014 at 2:22 PM
  • News

    The Bitcoin Bugle: Everyone’s A Bitcoin Dealer!

    Since bitcoin ATMs don’t actually do what ATMs are there to do—you know, give you money—and in fact exist to do the opposite—take your money and turn it into some 0s and 1s that some people call a currency—why should you have to wait in line for it at the coffee shop? Why shouldn’t you […]

    / Aug 8, 2014 at 11:15 AM
  • News

    Bitcoin, Now Jersey-Approved

    Those institutional investors wanting to play their hand in the fake currency markets without getting a fake wallet now have a genuine, certified, regulated way to do so.

    / Jul 11, 2014 at 12:54 PM
  • cameron winkelvoss tyler winkelvoss

    News

    Winkelvoss Twins Looking For Some Models Who’ve Done Their Homework On Virtual Currencies

    Will models be accepting Bitcoin? Yes, if the Winklevoss twins have anything to do with it. Tyler and Cameron were among the guests at Ben Watts’ “Shark Attack” party at Gurney’s Inn in Montauk. Cameron was heard talking to One Model Management’s Scott Lipps about setting up Bitcoins for models through a San Francisco-based exchange. […]

    / Jul 7, 2014 at 11:51 AM

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