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Want to Short Bitcoin? Derivatives Trading ‘Coming Soon,’ Say Exchanges
ItseemslikemoreandmoreinvestorsarejumpinginonthesportofBitcoinspeculation;withsomuchpotentialvolatility,there’splentyofmoneytobemadebuyingandsellingBTC.Evenprofessionalforeigncurrencytradersthinkso!We’vebeenimpressedbythesophisticationoftheBitcoineconomysofar,butatthesametimethere’saclearcontinge…
Restaurant That Accepts Bitcoin Will Now Also Sell You Bitcoin
MezeGrill,aMediterraneanrestaurantnearColumbusCircle,wasoneofthefirstknownbrick-and-mortarestablishmentstoacceptBitcoinduetoevangelismbyneighborandBitcoinenthusiastBruceWagner.NowtherestaurantisgoingfurtherdowntheBitcoinrabbitholebyoperatingasasmall-scaleexchange.Hey,acceptingBitcoinalreadygotthepla…
Tel Aviv Techie Attempts the First ‘Bitcoin IPO’
TheBitcoineconomyistrulylikeaminiatureWallSt.FirsttherewastheBitcoinflashcrash;soonexchangeswilloffershortsellingandotherderivativesBitcointrading.AndnowwehaveourfirstIPO!EliSklar,aTelAviv-baseddeveloper,isworkingonanewBitcoinclient.Hewantstoraise$100,000fortheproject.Sohe’sextendedatentativeBitcoi…
Another Midtown Restaurant, Hudson Eatery, Now Accepts Bitcoin
MezeGrill,atastyMediterraneanlunchspoton8thAve.and55thSt.inMidtown,wasthefirstManhattanrestauranttoblazetheBitcointrail;sincethen,othershavefollowedsuit.ThelatestisHudsonEatery,at601W.57th.Beware,theirwebsiteautoplaystrancemusic.ThereasontherearetworestaurantsacceptingBitcoinsoclosetogetherisTheBitc…
Bitcoin Drama News Round-Up
Duringaninterviewyesterday,oneBitcoininvestordescribedtheburgeoningeconomyas“aMexicansoapopera–there’salwayssomekindofdrama.”Indeed!Let’sreviewthefreshestcrises:ChileandSanFrancisco-basedTradeHillclaimse-paymentsplatformDwollahasbeenreversingtransactions[TheBitcoinShow].Dwollarespondsbychanging…
Rough Trades: Digital Derivatives Hit the Bitcoin Markets as Wall Street Bankers Take Interest
THEBESTWAYTOFINDserioustradersofthedigitalcurrencyBitcoinistologontoInternetRelayChat—thatbare-bones,plain-textexperiencethathasn’tchangedmuchsinceitscreationin1988—aroundmidnight,andjumpintooneofthemanyconversationsdedicatedtothephenomenon.Bitcoin,adecentralizedpaymentsystemthatapproximatescash,…
MyBitcoin.com Is Back: A Week After Vanishing With at Least $250 K. Worth of BTC, Site Claims It Was Hacked
WhoisTomWilliams?MyBitcoin.com,whichdisappearedwithoutexplanationfromtheinternetaboutaweekago,isbackupwithamessages“FromthedeskofTomWilliams,operatorofMyBitcoin.com.”Thestatement,labeledan“incidentreport,”istheonlylivepageonthesite.MyBitcoinnoticedalargeamountofBTCmissing,thestatementsays,realiz…
The Feds Are Contemplating a BitCoin Crackdown. Who Should They Police First?
Despitethevagariesoffiguringoutwhoshouldregulateadigitalcryptocurrencythatmayormaynotendupdisruptingtheglobalfinancialsystem,NERDrreportsthattheU.S.federalcourtsarerampinguptheirinvestigationintoBitcointhisweek,whichbegsthequestions:Whoshouldtheygoafterfirstandhow?BetweentheBitcoinMiners,BitcoinExch…
Bit O’Money: Who’s Behind the Bitcoin Bubble?
ItwasatweetfromastrangerthatcrystallizedtheconceptofBitcoinforBruceWagner.“IcanexplainthebenefitofBitcoininfourwords,”oneofMr.Wagner’s12,000-someTwitterfollowerswrote.“Briefcasesfullofcash.”Atthetime,briefcasesfullofpenniesseemedmoreapt—oneunitofthenewvirtualcurrencywasthenworth$0.06.Then,inon…
Upcoming Bitcoin Conference and World Expo Upgrades Venue
ThefirstBitcoinConferenceandWorldExpoismovin’up–organizerBruceWagner,hostofTheBitcoinShow,justannouncedavenuechange.Insteadofhostingtheeventathisstudio,attendeeswillgatheratthechicMidtownRooseveltHotelat45thandMadisonfromAugust19to21.SomebodytheremustlikeBitcoin.Peopleareflyinginfromallovertheworl…
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