20 Answers - Is Bitcoin safe? - Quora

Asma Khan , Cryptocurrency Fellow

Updated 76w ago · Author has 410 answers and 2.7m answer views

You need to understand that safety is a relative term. Let us understand whether money is safe in the Banks or not?

Terry Burnham, former Harvard economics professor, author of Mean Genes and Mean Markets and Lizard Brains doesn't believe that money is safe in Banks.

Following is the excerpt from his...

Read more


Website: https://www.quora.com

Bitcoin Investment Trust Banned By Bank of America Merrill ...

Bank of America Merrill Lynch

Uncategorized | January 4, 2018 By: David Pimentel

Bank of America Merrill Lynch has reportedly banned its clients from investing in Bitcoin Investment Trust (GBTC). The news comes via a memo from the bank last December which was seen by Reuters.

According to the memo, dated December 8, the bank stopped approving new orders for the Bitcoin Investment Trust because of concerns about the "suitability and eligibility standards of this product." The memo was sent to roughly 17,000 brokers at Merrill Lynch and Merrill Edge, a unit for clients who...

Read more


Website: http://blocktribune.com

Related topics : bitcoin bank of america merrill lynch / bitcoin investment trust stock price / bitcoin investment trust stock / bitcoin investment trust / buy bitcoin bank of america

Bank of America, Citigroup reviewing the use of credit ...

Friction is increasing between some credit card companies and customers who want to use the cards to buy cryptocurrencies.

More

Friction is increasing between some credit card companies and customers who want to use the cards to buy cryptocurrencies.

Bank of America is reviewing policies that allow customers to buy bitcoin with credit cards, and Citigroup is also reviewing its policy, according...

Read more


Website: https://sg.finance.yahoo.com

Related topics : best way to buy bitcoins with credit card / how do i buy bitcoins with credit card / buy bitcoin with credit card / purchase bitcoins with credit card / buy bitcoin bank of america

Bitcoin: Bank of America division bans investments | USA ...

Bank of America Merrill Lynch sign is seen on a building that houses its offices in Singapore [Reuters]

Bank of America Merrill Lynch banned clients from investing in one of bitcoin mogul Barry Silbert's top funds last month, according to a memo, Reuters news agency reported.

As of December 8, the Wall Street brokerage stopped approving new orders for the Bitcoin Investment Trust due to concerns...

Read more


Website: http://www.aljazeera.com

Will Bitcoin really become a universal currency? | News ...

Will Bitcoin really become a universal currency?

14 Aug 2014, by Test 2 Test 2

Image source: bitcoinmagazine.com

There has hardly been a more intriguing, controversial or divisive invention in the history of finance than Bitcoin . While it has taken its time to draw universal attention and is still some way from becoming a mainstream item, there are plenty of indications to suggest that it...

Read more


Website: https://www.informa.com.au

Related topics : will bitcoin be the one world currency / bitcoin bank of america merrill lynch / bitcoin one world currency end times / bitcoin one world currency / bank of america bitcoin a first assessment

Will bitcoin futures trading buy more acceptance? - CBS News

All eyes in the bitcoin world are on the launch of futures contracts that let investors bet on the direction of the often-volatile cryptocurrency market . Demand for the first contracts offered Sunday evening by CBOE Global Markets was so strong that the company's website reportedly crashed.  

Trading in bitcoin futures declined slightly Monday from their overnight high following the virtual...

Read more


Website: https://www.cbsnews.com

Related topics : bank of america bitcoin patent / buy bitcoin bank of america / bitcoin report bank of america / bitcoin trading currency market / bitcoin currency of the future

Reports: China orders bitcoin exchanges to shut down

Regulators have ordered Chinese bitcoin exchanges to close, two business newspapers reported Thursday, after uncertainty about the digital currency's future in China caused its price to plunge.

Regulators in Shanghai, the country's financial center, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. They gave...

Read more


Website: https://phys.org

Bank of America’s Merrill Lynch Bans Clients from Bitcoin Fund

January 4, 2018

391 views

Bank of America's brokerage arm Merrill Lynch has barred clients and their financial advisers from participating in bitcoin investments.

The�Wall Street Journal, upon reviewing an internal memo by Merrill Lynch, reports that the brokerage arm has specifically highlighted Grayscale's Bitcoin Investment Trust, a open-ended trust fund directly invested in the world's...

Read more


Website: http://cryptotimes.org

Related topics : bitcoin bank of america merrill lynch / bitcoin investment trust fund / bitcoin investment trust review / bitcoin investment trust / bitcoin report bank of america

Bitcoin soars then falls back; banks raise risk concerns ...

Bitcoin soars then falls back; banks raise risk concerns

Associated Press / 08:24 AM December 08, 2017

This file photo taken on November 20, 2017 shows gold plated souvenir Bitcoin coins arranged for a photograph in London. Economists say bitcoin is the monetary equivalent of Uber, since it bypasses central bank regulation and could be attractive for financially fragile countries. Analysts warn...

Read more


Website: http://business.inquirer.net

Economics of bitcoin - Wikipedia

Bitcoin is a digital asset [1] [2] designed by its inventor, Satoshi Nakamoto , to work as a currency. [3] [4] It is commonly referred to with terms like: digital currency, [5] :1 digital cash , [6] virtual currency , [7] electronic currency , [8] digital gold, [9] or cryptocurrency. [10]

The question whether bitcoin is a currency or not is still disputed. [10] Bitcoins have three useful...

Read more

Date: 2017-12-17 11:47:20
Website: https://en.wikipedia.org

Bitcoin miner NiceHash reports hack, theft of its 'wallet'

Bitcoin miner NiceHash reports hack, theft of its 'wallet'

December 7, 2017

In this Monday, April 7, 2014, file photo, a bitcoin logo is displayed at the Inside Bitcoins conference and trade show in New York. The bitcoin miner NiceHash says it is investigating a security breach and the theft of the contents of the NiceHash "bitcoin wallet." The company said Thursday, Dec. 7, 2017 in a statement...

Read more


Website: https://phys.org

How To Buy, Sell & Trade Bitcoins Online

The Best Ways To Buy Bitcoin

Coinbase.com :  Easy way to to buy, sell and shop online with bitcoin.

Coinbase only accepts customers in North America, Europe, Australia & Singapore

Special Offer: Bonus of $10 in free BTC after you buy $100 worth of digital assets!

Offer includes Bitcoin, Ethereum & Litecoin

Use coinbase to exchange your money for Bitcoin

Invest in bitcoin with a...

Read more


Website: http://bitcoindaily.org

Bitcoin soars then falls back; banks raise risk concerns ...

The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as both the euphoria and anxiety surrounding the virtual currency escalated just days before trading in bitcoin futures begins on a major U.S. exchange.

The concerns about its volatility have led some Wall Street banks and trade groups to raise concerns about the potential implications of...

Read more


Website: http://www.philstar.com

Bitcoin Exchange Market: Global Industry Analysis and ...

Bitcoin is a form of digital currency that is traded across the world through computing devices. Bitcoin can be converted in other currency such as dollars and euros; however, there is no control over the price of Bitcoin. The main concept behind Bitcoin is to produce and trade a currency that is totally decentralized.

Conventional currencies are based on gold or silver reserves but Bitcoin is...

Read more


Website: https://www.persistencemarketresearch.com

Bank of America, Bitcoin, a First Assessment - Smith + Crown

Tamper-proof, limited supply and divisibility: We believe Bitcoin can become a major means of payment for e-commerce and may emerge as a serious competitor to traditional money transfer providers. As a medium of exchange, Bitcoin has clear potential for growth, in our view. Store of wealth for the underground economy? It has been reported that Bitcoin may help users avoid high taxes, capital controls,and confiscation. The correlation between CNY's share of...

Read more


Website: https://www.smithandcrown.com

Related topics : bitcoin price all exchanges / bitcoin value 1 year chart / bank of america bitcoin a first assessment / value of 1 bitcoin in usd / 1 bitcoin price history

Billionaire Peter Thiel says people are ... - Business Insider

Peter Thiel is the latest big name from the world of tech and finance to offer commentary on Bitcoin, and he's optimistic about the future of the cryptocurrency.

However, rather than discuss Bitcoin's potential uses as a means of exchange, Thiel focused on its effectiveness as a store of value.

According to CNBC, Thiel compared Bitcoin to gold and said that due to the difficulty of the digital...

Read more


Website: https://www.businessinsider.com.au

Related topics : bitcoin is the new gold of the future currency / bitcoin digital gold / current bitcoin mining prices / bitcoin cash mining difficulty / coin exchange bitcoin gold

Buy bitcoins using Cash deposit: Bank Of America / Easy ...

�How to begin and contact the trader

Read the the terms of the trade and make sure you can comply with them. Use this form to send in a trade request with the sum you wish to trade. After opening the trade request it is possible to discuss with the trader in LocalBitcoins.com messaging system.

Open trade requests and message inbox can be found under...

Read more


Website: https://localbitcoins.net

Related topics : cash deposit bitcoin bank of america / bitcoin deposit bank of america / open bitcoin trading account / buy bitcoins with cash deposit / buy bitcoin bank of america

Digital gold: Bitcoin value zooms past record $5,000 mark

Close

How to get started with bitcoin

Popular digital currency Bitcoin, valued at a mere 6 cents in 2010, has surpassed the $5,000 value mark. But, within 10 minutes of reaching the record high, it has dipped back to $4,867.19.

Though for a few minutes of stratospheric highs, Bitcoin's surge in value has been remarkable, especially this year. The popular cryptocurrency reportedly gained massive...

Read more


Website: http://www.ibtimes.co.in

Related topics : bitcoin bank of america merrill lynch / bitcoin value over the years / bitcoin is the new gold of the future currency / bitcoin digital currency project / bitcoin value 2012

Bitcoin Market - Global Industry Trends, Analysis And ...

Bitcoin Market - Global Industry Trends, Analysis And Segment Forecasts To 2020 - Bitcoin Market, Outlook, Size, Application, Product, Share, Growth Prospects, Key Opportunities, Dynamics, Analysis, Bitcoin Report - Grand View Research Inc

Bitcoin Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Published Date: Jul,...

Read more


Website: https://www.grandviewresearch.com

MINERGATE | REVIEW | BITCOIN CLOUD MINING

Bitcoin Outperforms US Dollar and Every Other Reserve Currency Once Again

Last year, in 2016, bitcoin outperformed the US dollar and every other reserve currency in the market, including the Japanese yen, South Korean won, and British pound. Bitcoin Outperforms All Stocks and Reserve Currencies This year, bitcoin has outperformed all of the reserve currencies in the global market once again,...

Read more


Website: bitcoincloudmining.org

Related topics : bitcoin news update / bitcoin news price / bitcoin price news today / gain bitcoin news / bitcoin cash news