Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

heisenburrr

heisenburrr

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Domingo Halliburton said:
Does anyone care anymore?
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Microsoft has a long-term vision for bitcoin, BitPay and the blockchain.

Microsoft team has made it clear that they are serious about supporting bitcoin through both words and actions. Microsoft is reportedly enthusiastic about bitcoin "from the top down", according to Singh.

"They already have a global plan rolled out for us," Singh said. "They've already thought four steps ahead of this whole rollout, so they are very innovative, very aggressive and very strategic in how they work."
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http://www.coindesk.com/bitpay-microsoft-aggressive-global-vision-bitcoin/

Circle Internet Financial has hired a veteran banking industry executive to serve as its new chief financial officer (CFO).

Paul Camp, who formerly held the title of global head and managing director at JPMorgan’s transactions services unit, will act as corporate treasurer and executive vice president of financial operations as well as CFO at Circle.
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http://www.coindesk.com/ex-jpmorgan-transactions-exec-joins-bitcoin-startup-circle-cfo/

"Bitcoin technology will ultimately become integral to Reddit. We've had some internal brainstorming about ways we could integrate – the possibilities are enormous."

It's somewhat cliche in SF to talk about technologies that are "disruptive", but I have to say it. Bitcoin is the most disruptive technology in the history of the world. Rather than think about what technologies bitcoin disrupts, ask, "what doesn't bitcoin disrupt?" I think in the coming decades, people's lives will be radically altered in a new economy based on bitcoin. It will change everything.
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http://www.coindesk.com/reddits-cryptocurrency-engineer-hints-secret-bitcoin-project-plans/

Yes, I would say so.

An entire alternative economy is being built behind the scene, you might want to use some patience. It will be rewarded. Bitcoin will not be un-invented and as it exists is the most powerful tool for individual freedom humans have ever been bestowed. It will transcend every industry, bring down empires, create & destroy fortunes. It enables the most powerful use cases for distributed networking since the internet and quite honestly might end up being more profound in its impacts on society.

Even if you're a not a fan of the "investable" asset I strongly recommend this short blog post
http://unenumerated.blogspot.ca/2014/12/the-dawn-of-trustworthy-computing.html
 
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Won Won

Won Won

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http://qz.com/312598/bitcoin-is-the-worst-investment-of-2014/

There was plenty of ugliness to be found in the markets this year. Ukranian and Venezuelan sovereign debt. High-yield, energy-related corporate bonds. Argentine pesos. Russian rubles. Greek stocks.

But none of these investments has been as atrociously awful as bitcoin, the heavily hyped crypto-currency that stormed onto the financial scene in the last few years, threatening to disrupt the cornerstone of global finance that is fiat currency.

It hasn’t worked out. Year-to-date bitcoin is down roughly 52% at last glance.
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5010

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Finally bought a bitcoin last night, and it's down $20. What happened? :sadbron:
 
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TRFG

TRFG

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Bitcoin exchange BitStamp has been comprised and is currently offline.

:mjlol:

Bitstamp Service Temporarily Suspended
We have reason to believe that one of Bitstamp’s operational wallets was compromised on January 4th, 2015.

As a security precaution against compromises Bitstamp only maintains a small fraction of customer bitcoins in online systems. Bitstamp maintains more than enough offline reserves to cover the compromised bitcoins.

IN THE MEANTIME, PLEASE DO NOT MAKE DEPOSITS TO PREVIOUSLY ISSUED BITCOIN DEPOSIT ADDRESSES. THEY CANNOT BE HONORED!

Customer deposits made prior to January 5th, 2015 9:00 UTC are fully covered by Bitstamp’s reserves. Deposits made to newly issued addresses provided after January 5th, 2015 9:00 UTC can be honored.

Bitstamp takes our security and soundness very seriously. In an excess of caution, we are suspending service as we continue to investigate. We will return to service and amend our security measures as appropriate.



Bitstamp Team
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