22 October 2013

Bitcoin News Summary For The Third Week Of October 2013 (14-20)

News Summary

First a Post Series in THE G+ Bitcoin Community. Now also here in Appatic in a extended version. This is the Bitcoin Weekly News Summary (BWNS). The very best way to quickly inform you of what events of relevance happened related to Bitcoin in the span of a week, in just minutes.

The Feel Of The Week

First there was a bad storm week, then what seemed like a calm weather last week, then this week, which you could call a good storm week. With lots of cheers raining in.

The Highlights:

> USD Exchange Value per Bitcoin  started this week at 135 after a clear upward trajectory was set. Upward trajectory that didn´t disappointed as Bitcoin Exchange price started to go to up, up and up. First at 140, then 150, then 175, then 170 with many more ups and downs in-between and leaving the week at 175. Still in a upwards trajectory.

> BitcoinTalk continues to generate Talk of its own  With many BitcoinTalk users asking themselves now what I was asking last week. It is still the best place to hang out?  I say nay. But I do get there are not many options, if any that can replace everything that happens there.

> A rumor of KncMiner hardware going up in flames started to go around last week. I have to report that all points to it been an isolated incident.

> Baidu starts accepting Bitcoin for Jaisule. Which can be seen as a Cloudflare competitor.  Bitcoin News and beyond went wild with it.

Link: Chinese internet giant Baidu starts accepting bitcoin – CoinDesk

> Reddit´s Co-Founder Alex Ohanian says he is cautiously optimistic about Bitcoin.  Bitcoin Scene said: um, ok. Noted.

Link: Reddit co-founder Alexis Ohanian- 'I'm cautiously optimistic about Bitcoin' – GeekWire

> The North American Securities Administrators Association (NASAA) includes Bitcoin in the Annual Top Investor Threats List. Bitcoin Scene said: Cool Story, Bros.

Link: The NASAA Includes Bitcoin in Annual Top Investor Threat List - Forex Minute - Financial News St

> The +Bitcoin Embassy had their third meetup and their first Satoshi Square on Oct 19. There were presentations and workshops and hopefully balloons too.

Link: Oct 16, 2013, 8-51-25 AM

> Zhou Tonged returned with a new Remix Hit

Link: Zhou Tonged - End of Silk Road

> Life On Bitcoin released a Merchant Targeted Bitcoin Pamphlet. It is well done.

Flyer inside

Download Link: Bitcoin Flyer for Merchants.

> Bitcoin Tipbox Gadget video appears on YouTube. Looking not only neat but like a great idea. Someone should start selling them.

Bitcoin TipBox Gadget

> Moneero to bring up a Bitcoin ATM to Uruguay

Link: Bitcoin ATM Landing In Uruguay PRLog

> MSN UK does a news report doing a demo of the NFC ring and using it to pay with Bitcoin and also a look to the NFC Ring Windows Phone App

> BTC-e suffered a DDOS Attack. Barely news at this point, sadly.

> eGifter starts selling Wallmart Gift Cards. At first look it didn´t seemed as that big of a deal. But they can be used for everything WallyWorld. Including Sam´s Club and WallMart Gas Cards. Personally was surprised to know that Walmart now owns Gas Stations too. But it really a big deal for U.S.A Bitcoineers.

Link: Oct 16, 2013, 9-18-28 PM (edited Oct 17, 2013, 1-09-54 AM)

> eGifter gets called out for storing passwords in plain text, quickly acted on it. eGifter proved they can quickly eat some humble pie and they resolved the situation pretty quickly pulling an all-nighter the day they realized of the goof. Slow claps to them.

Link: An Update From eGifter Regarding How We Store Passwords

> Gyft starts selling paid minutes and data gift cards for the main U.S.A carriers. That includes AT&T, Verizon and T-Mobile. Also a very big deal for U.S.A Bitcoineers.

Link: Spend Bitcoin On Airtime With Gyft

> PagaBitcoin.com debuts to let you pay for Smartphone credit, that can be used for AirTime And Data Usage in Mexico. At first I was envious of Gyft paid minutes and data gift cards. But then I saw this site based in Mexico City allows you to do the same online. Yay.

> Techcrunch published a very good post on Bitcoin Mining. Easily one of the best reads of the week.

Link:  Blockchain Smashers

> Austin, Texas meetup took place on the 19 of the month

Link: Oct 17, 2013, 11-23-14 AM

> Bitcoin Meetups in NYC appear to be taking place on an almost weekly basis courtesy of+Xcubicle S. Check them out if you are in NYC.


> China Banking Regulatory Commission released a statement saying they were not planning on introducing regulatory policies for Bitcoin. Not right now is what that ultimately translates to. Who knows in the future. But at least for the upcoming 3-6 months, the coast looks clear in China.

Link: CBRC statement

> Robertson Robots started accepting Bitcoin for the purchase of their Solar Panels

Link: Bitcoin Gets New Taker as the Sunflower Solar Panel Positioning System Installer Robertson Robot

> SoftTouch POS  integrated a Bitcoin option to their Payment Processing System

Link:  SoftTouch POS Integrates Bitcoin Virtual Currency Payment Processing

> Bitcoin Network Hit the 3 Petahashes mark. Thanks to KnCMiner new shiny miner hardware continuing to go online as it gets delivered. This just one week after passing the 2 Petahashes mark.

> BTCchina passed the 1000 CNY mark per Bitcoin for the first time. Fueled by a news coverage boost in Chinese TV from the news of Baidu accepting it and the CBRC statement* Bitcoin Matkets around the world responded and the price started to shoot up. Finalizing with Bitcoin being exchanged for up to $200 USD in some LocalBitcoins listings for a brief moment.

> BIPS announced that they have made integration with BigCommerce possible and that soon the 40,000 Merchants using the BigCommerce solution would be able to use BIPS and add an option to pay with Bitcoin. Really Big news for EU based Bitcoineers.

Link: BIPS to offer 40,000 Merchants using BigCommerce the option to accept Bitcoin
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Nathalia Gonzalez said...

I wonder when Bitcoin value will become more stable. It seems there is a real future for them in the world.

Avatar X said...

@Nathalia It will gradually get more stable. It is already more stable now than 3 months.

Digital Currency said...

From past two years, bitcoin has improved a lot and the worth of this digital currency has been increased.


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