05 Dec '13, 11pm

Bank of America deems Bitcoin the next big thing

It appears not only people in the tech world believe Bitcoin is the currency of the future -- one of the US' biggest banks also sees legitimacy in the virtual currency. Bank of America published its first research report (PDF ) on Bitcoin on Thursday saying that the digital currency could become a major contender to other types of online money-transfer providers. "We believe Bitcoin could become a major means of payment for e-commerce and may emerge as a serious competitor to traditional money-transfer providers," Bank of America wrote in its report. "As a medium of exchange, Bitcoin has clear potential for growth, in our view." While there are other digital currencies, Bitcoin is probably the most well known. It's been around since 2009, but didn't really get going until 2011 when it was worth $2 per coin. By 2013, the currency had climbed to $20 per coin, and then jumped...

Full article: http://news.cnet.com/8301-1023_3-57614720-93/bank-of-amer...

Tweets

Bank of America Analysts Say Bitcoin's Value Is...

forbes.com 05 Dec '13, 8pm

Big day for Bitcoin on Thursday. China issued guidance on the currency telling its citizens that they’re welcome to buy an...

Bank of America says Bitcoin could become a 'ma...

theverge.com 05 Dec '13, 5pm

Analysts at Bank of America Merrill Lynch issued the bank's first research report today on Bitcoin, the virtual currency t...

Bank of America: Bitcoin Has Clear Potential for Growth

Bank of America: Bitcoin Has Clear Potential fo...

coindesk.com 05 Dec '13, 3pm

Bank of America has become the first US bank to talk openly about bitcoin, having issued a client note stating that the di...

Bank of America: Bitcoin Will Be 'Serious Compe...

inc.com 06 Dec '13, 11pm

For the first time since the mysterious Satoshi Nakamoto created Bitcoin in 2009, a major Wall Street bank has issued an o...

China, Bank of America weigh in on Bitcoin - US...

usatoday.com 05 Dec '13, 10am

Bitcoin tokens in Sandy, Utah. (Photo: Rick Bowmer, AP) Story Highlights Fears of a Bitcoin bubble China bans financial in...

Bitcoin Gets Valued: Bank Of America Puts A Pri...

forbes.com 05 Dec '13, 10pm

However, the currency’s volatility is a concern for many regulators and potential investors. In a note yesterday Steven En...

Bank of America ve al bitcoin como “un serio competidor”

Bank of America ve al bitcoin como “un serio co...

tecnologia.elpais.com 06 Dec '13, 12pm

Un banco de inversiones habla del bitcoin, la moneda virtual que impera en internet y más allá. Es la primera vez que una ...

Kentucky police chief to be paid in Bitcoin

news.cnet.com 04 Dec '13, 10pm

Vicco, Ky., will be the first city in the US to pay one of its employees, Police Chief Tony Vaughn, in Bitcoin. (Credit: S...

Espaldarazo de Bank of America a Bitcoin

Espaldarazo de Bank of America a Bitcoin

siliconnews.es 07 Dec '13, 9am

“Bitcoin tiene potencial suficiente para convertirse en uno de los principales medios de pago para el e-commerce”. Esta es...

The police chief of a tiny Kentucky town will b...

news.cnet.com 04 Dec '13, 10pm

Vicco, Ky., will be the first city in the US to pay one of its employees, Police Chief Tony Vaughn, in Bitcoin. (Credit: S...

Bitcoin price tumbles after warning from Chinese central bank

Bitcoin price tumbles after warning from Chines...

theguardian.com 05 Dec '13, 12pm

The Chinese central bank has warned the country's financial institutions not to trade in bitcoin, saying that the digital ...

Bank of America: La Bitcoin puede convertirse e...

fayerwayer.com 06 Dec '13, 1pm

Analistas de Bank of America Merrill Lynch publicaron un reporte sobre la Bitcoin , concluyendo que tiene el potencial par...

Bank of America: Bitcoin will be 'serious compe...

inc.com 07 Dec '13, 1am

For the first time since the mysterious Satoshi Nakamoto created Bitcoin in 2009, a major Wall Street bank has issued an o...

The Next Big Thing You Missed: This Man Wants to Clean Your Dirty Bitcoin Laundry

The Next Big Thing You Missed: This Man Wants t...

wired.com 03 Dec '13, 11am

Marco Crispini (third from left) chats with other Bitcoiners at the weekly gathering that is the Tokyo Bitcoin Meetup Grou...