As Trace Mayer points out, if Bitcoin enjoys the same success as Skype, then it will become a 8 billion dollar market cap in about…
Yet another website has announced their acceptance of Bitcoin: Namecheap, the webs’ top domain buying service, now accepts the digital files for their services. The company had been in works to begin accepting the currency for some time. Namecheap has served more than 1 million customers. Their statement went as such:
March 2, the Mt. Gox chart shows a price fall from about $34.80 to $33.15. During this selloff, 22,000 BTC or 6.1 of the BTC…
Gold tried to make a rally this week making its way up to $1617 before being taken down and finishing off the week at $1575.00.
Oddly enough silver did not have as miserable a time as gold did, starting and finishing the week within cents.
In Italy, a famous comedian blogger who was found guilty of manslaughter in a car accident, killing three people, has led his party, The Five Star Movement, to international headlines as the underdog in Italy.
Trace Mayer took the time to discuss Bitcoin and silver with GoldSilverBitcoin.
TM: Hello and welcome to the Run to Gold Podcast. I’ve got with us special guest Justin O’Connell of GoldSilverBitcoin. One Thing I admire about you is you’ve got an open mind. We’ve got some people in the gold and silver niches who don’t have open minds, whether it is Chris Duane who has been bad-mouthing Bitcoin for two years and continues to badmouth it or people who think they can just ignore it like James Turk at GoldMoney. What do you think is driving BTC?
GSB: Well, I think first and foremost it’s the internet. Everyone believes in the Internet. Bitcoin is a microchasm of the Internet that can actually lead it in new directions. Google is going to try to shutdown websites that provide links for users to copyrighted material. They are going to do this the same way they did with WikiLeaks, through a “financial blockade.” WikiLeaks got around that with BTC, and The Pirate Bays will do the same.