eBay CEO holds bitcoin, talks bitcoin ebay and paypal

cnbc transcript: how quickly do you think we'll see bitcoin in paypal? i don't know, i can't give a specific time. but i think you'll see bitcoin used in different use cases, whether it's a peer-to-peer use case, a cross-border transaction, someone's sending currency to someone else, and over time, you'll start to see it with some merchants accepting bitcoin. and i don't know how big it will get, how quickly, but the underlying theme is a digital coin something we should be aware of. do you own…
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Caixin reports China Central Bank Curbing Bitcoin again, price tumbles, just regular day in Bitcoin world

The Caixin article 比特币交易顶风作案 央行高规格严肃约谈 针对此前比特币交易平台用各种变通方式还在继续交易的做法,央行严肃约谈相关机构,希望引导民众远离比特币等虚拟货币泛滥的交易 Regarding bitcoin exchanges using other methods to circumvent and continue operations, PBOC has strictly talked to related parties, wanting to discourage the populace from engaging in bitcoin activity   And you have bitcoin taking a tumble, again Reddit: Did china just ban bitcoin again? hedgehogyoung 17 points 4 hours ago Yeah. News says PBOC held a serious talk with Chinese banks and payment service providers on April 24, requesting them to stop withdrawal for trading platforms and close accounts completely. ;idx=2&mid=200143905&__biz=MzA5MTI3NzYyNA==  …
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Auction House Battlenet Balance will be Irredeemable

Q. Can I convert my Balance into cash after the real-money auction house is shut down? Answer: No. Funds added to Balance are not refundable (except as otherwise provided by law) and cannot be converted into cash. For more information, please visit our Balance support article. gg, no auto paypal conversion ah well, I guess that's going into hearthstone? Q. What will happen to my existing Balance? Answer: Your Balance total will not be affected by the shutdown of the gold and real-money auction houses on March 18,…
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Forbes: Paypal in the Wallet Wars (failing where bitcoin succeeded?)

A biased account, but a mention is still a mention Pretty similar account if you swap bitcoin into one of the generic wallets slots perhaps. That eBay, one of the most innovative startups of all time, now finds itself positioned as a lumbering giant has some historical basis. PayPal has a legitimate claim, based on future successes, to the most entrepreneurial founding team ever. Musk (Tesla, SpaceX) was originally joined by Peter Thiel (Facebook, Palantir) and Max Levchin (Yelp, Slide), with an initial mission similar to what Bitcoin…
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Xiaomi’s $169 Redmi sells out in 7 minutes in Singapore, Asia

Xiaomi is known for their marketing technique in China where they will sell a model at very limited supply so it goes out of stock in a minute or a few minutes, thus making the news. It has built quite a branding and name for itself (their fans are called mifen, so perhaps the local equivalent would be beehoon), and has recently expanded to Singapore (Singapore's SWF Temasek holdings, being one of its shareholders) Redmi is their entry offering at $169, which is a smartphone without 4g or…
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Nasdaq compiles list of Bitcoin takers Companies

I think wordpress has stopped taking bitcoins however (not too sure) There's namesilo too for domains I think Tesla is more really of lambho newport than elon musk tesla For etsy there's also fancy and shoppify   Ian Kar, Benzinga Staff Writer (OSTK)- Probably the biggest retailer that accepts Bitcoin, Overstock began accepting Bitcoin in January 2013. Virgin Galactic - The Richard Branson-led aviation company started accepting Bitcoin for customers who are interested in flying to space and paying for it using Bitcoin. Wordpress - The popular blogging…
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Reminds you of Bitcoin? Gabe Newell (Valve): Top Steam Workshop Modeler makes 500,000 a year (half a mil), Game items follow Prestige items economics such as Porsche, many modelers make more on steam than their day jobs, Paypal thought Steam was Drug Money due to the huge amount selling hats, modern technology e.g. 3d printing reminds him of MMOs and games, better to have a few talented coders than outsource to cheap places

Reminds you of Bitcoin? Gabe Newell (Valve): Top Steam Workshop Modeler makes 500,000 a year (half a mil), Game items follow Prestige items economics such as Porsche, many modelers make more on steam than their day jobs, Paypal thought Steam was Drug Money due to the huge amount selling hats, modern technology 3d printing reminds him of MMOs and games, better to have a few talented coders than outsource to cheap places Gabe Newell Found this gem from the reddit thread of LoL v Steam employees lestye 772…
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Coindesk on Bitcoin Disruption on Classical Sectors

Worth a read of note (I suppose someone will be doing the equivalent for Amazon/Newegg soon) Paypal would be another one  Table 2: Bitcoin Ecosystem – Comparable Company EBITDA Margins Sources: Data as of January 10, 2014. CoinDesk, Wedbush Securities  Table 2 summarizes the EBITDA margins for the same basket of companies. Here we can quickly see part of story behind why Visa and Mastercard have such large market capitalizations. The two payment processors have the highest EBITDA margins in the basket at 66% and 58%, respectively. Such high margins make for…
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