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Your Account Has Been Limited: Paypal Bans Bitcoin Transactions | Digital Currency Daily

http://www.digitalcurrencydaily.com/your-account-has-been-limited-paypal-bans-bitcoin-transactions

Your Account Has Been Limited: Paypal Bans Bitcoin Transactions. Paypal is finished being a Bitcoin exchange. Users at BitcoinTalk.org are reporting en masse that their accounts have been frozen or “limited”. Pending an account review and swearing they’ll never use Paypal to facilitate Bitcoin transactions again. Funny thing: Ebay, which owns Paypal and uses Paypal to transact, still has digital currency auctions going on as I write this post. After Gox Bankruptcy, Bitcoin’s Price Still at $550. How To S...

Dear Estonia, Bitcoin is NOT a Ponzi Scheme! | Digital Currency Daily

http://www.digitalcurrencydaily.com/dear-estonia-bitcoin-is-not-a-ponzi-scheme

Dear Estonia, Bitcoin is NOT a Ponzi Scheme! Nothing says you’re ignorant as hell like calling Bitcoin a ponzi scheme. A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. According to the Bloomberg article. Who is promising these returns? Bitcoin Made Easy: ...

Digital Currency News | Bitcoin News | Litecoin News - Part 2

http://www.digitalcurrencydaily.com/page/2

US Taxes Loom Over Bitcoin Boom. No one is looking forward to dealing with bitcoin on their next income tax filing. Two bad options are possible: 1) currency gains are taxed at a higher rate than assets and 2) an IRS classification as asset, it would invoke complicated rules involving bartering. Who knows, it may not be that bad but no…. Continue Reading →. Bitcoin Hits Las Vegas; False Momentum, Free Advertising on the Rise. Continue Reading →. What Should US Government do with 29,655 Bitcoins? After Go...

Vancouver Bitcoin ATM Losing Money? | Digital Currency Daily

http://www.digitalcurrencydaily.com/vancouver-bitcoin-atm-losing-money

Vancouver Bitcoin ATM Losing Money? I was browsing BitcoinTalk.org when I came across the discussion for the Wired.com story of the Vancouver ATM needing a chaperone. The actual facts may be different than the quirky story according to one poster but it was this supposed Jackson Warren (co-founder of Bitcoiniacs who helped start the world’s first Bitcoin ATM) quote that got my attention:. You can see the quote here. I tried to look up the quote but haven’t been able to find it anywhere else.

Google and Bitcoin? Big G Might Be First Tech Giant to Accept | Digital Currency Daily

http://www.digitalcurrencydaily.com/google-and-bitcoin-big-g-might-be-first-tech-giant-to-accept

Big G Might Be First Tech Giant to Accept. Which tech giant will flinch first? Imagine if someone could find out what the tech giants were thinking about Bitcoin. They could pay off an employee and slip a bug inside corporate headquarters… or they could just email the big wigs. Jarar Malik tried Jeff Bezos (Amazon), Tim Cook (Apple), and then a few guys at Google including Senior VP Vic Gundotra. A couple of email exchanges later and he had word that Bitcoin integration may be in Google’s plans.