Bitcoin gang gets 67 new e-currencies; value grows to $13 bn - Economic Times

NEW DELHI: As regulatory glare intensifies on bitcoins due to possible money laundering, cyber security and other risks, over five dozen other virtual currencies have come under the scanner and include a desi version by name of 'laxmicoin'. The total value of these 67 digital currencies in circulation over internet has reached nearly $13 billion (over Rs 80,000 crore), out of which bitcoin alone accounts for over $9 billion, according to market estimates. However, total value of bitcoin and other such virtual currency trades in India is estimated to be worth only a few crores as of now, although NRIs living abroad are expected to be dealing with bitcoins in a big way. According to those dealing in bitcoins and other such currencies, RBI's caution notice and action initiated by enforcement agencies in the country has been a major dampener and could come in way of launch of ...

Full article: http://economictimes.indiatimes.com/tech/internet/bitcoin...

Tweets

Bitcoin gang gets 67 new e-currencies; value gr...

NEW DELHI: As regulatory glare intensifies on bitcoins due to possible money laundering, cyber security and other risks, o...

Bitcoin gang gets 67 new e-curriences; value grows to $13 bn - The Hindu

Bitcoin gang gets 67 new e-curriences; value gr...

thehindu.com 29 Dec '13, 8am

TOPICS economy, business and finance As regulatory glare intensifies on bitcoins due to possible money laundering, cyber s...

Bitcoin part of 67 virtual currencies, with a combined value of $13 billion

Bitcoin part of 67 virtual currencies, with a c...

gadgets.ndtv.com 30 Dec '13, 5am

As regulatory glare intensifies on Bitcoins due to possible money laundering, cyber-security and other risks, over five do...

Here's the answer to why Bitcoin has value.

Here's the answer to why Bitcoin has value.

businessinsider.com 30 Dec '13, 5pm

Paul Krugman set off a new firestorm this weekend with a post about Bitcoin that asked a fairly simple question: What give...

Divining The Underlying Value Of Bitcoin

Divining The Underlying Value Of Bitcoin

techcrunch.com 30 Dec '13, 8pm

Business Insider’s Joe Wiesenthal today published an interesting piece on Bitcoin , partially responding to Paul Krugman’s...

Paul Krugman on Bitcoin, It's Not A Stable Stor...

forbes.com 29 Dec '13, 2pm

To give an extreme example, just to illustrate the point. Say that Bitcoin prices were rising 10% a day. They’ve been doin...

It's still unclear if Bitcoin can be a reasonab...

techmeme.com 30 Dec '13, 1am

It's still unclear if Bitcoin can be a reasonably stable store of value — Bitcoin Is Evil — It's always important, and alw...

to race

to race

sportscar365.com 29 Dec '13, 10pm

IMSA has released a draft version of the entry list for next weekend’s Roar Before the 24, the final official pre-season t...

Bitcoin: A modern day 3-card Monte

Bitcoin: A modern day 3-card Monte

nypost.com 29 Dec '13, 2am

Each year, new financial scams pop up in which unsuspecting investors get fleeced by crooks and con artists. Five years ag...

How Bitcoin Demonstrates the Value in Facebook ...

fool.com 31 Dec '13, 11pm

One bitcoin is worth $700,000 . Or $0 . Or $1,300 . Now that this specific cryptocurrency is mainstream, everyone has an o...

Candle-light vigils as #India remembers gang-ra...

straitstimes.com 28 Dec '13, 11pm

NEW DELHI (AFP) - India on Sunday marks 12 months since the death of a student savagely gang-raped on a Delhi bus - an epi...

Bloomberg anchor displays bitcoin on TV, immediately gets robbed by viewer

Bloomberg anchor displays bitcoin on TV, immedi...

rt.com 24 Dec '13, 8pm

Bloomberg anchor displays bitcoin on TV, immediately gets robbed by viewer Published time: December 24, 2013 20:13 Edited ...

Bitcoin

mobile.nytimes.com 28 Dec '13, 10pm

It’s always important, and always hard, to distinguish positive economics — how things work — from normative economics — h...