31 Dec '13, 4pm

Price Discovery in the Absence of Bitcoin Exchanges

Price Discovery in the Absence of Bitcoin Exchanges

Recently, authorities in India, China, Korea, Denmark, France, and Norway have issued stern warnings regarding the use and trade of bitcoin and other digital currencies. As a consequence, important exchange outlets for price discovery have been slowed or shuttered following the government advisories. Furthermore, India and China represent nearly half of the globe’s total population. The world has mostly underestimated the latent demand for a free and nonpolitical currency unit. In the face of this percolating demand, the arrogance of our monetary overlords is startling. Imagine if we were forced to use a particular brand of toothpaste in the same way that we are coerced into using the prevailing unit of legal tender . The response might not be so submissive. Contrary to the misinformation in this article , bitcoin is not illegal in any country in the world. In two separate...

Full article: http://www.coindesk.com/price-discovery-absence-bitcoin-e...

Tweets

How and why Bitcoin will plummet in price

marginalrevolution.com 30 Dec '13, 12pm

My post from yesterday was perhaps not specific enough, so let me outline one possible scenario in which the value of BitC...

Bitcoin = SOLUTION!

twitter.com 31 Dec '13, 8pm

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Why don’t economists like Bitcoin?

Why don’t economists like Bitcoin?

theverge.com 31 Dec '13, 3pm

Nobel prize-winning economist and New York Times columnist Paul Krugman wrote a blog post this weekend with a tantalizing ...

Bitcoin exchanges shut down after threat from I...

engadget.com 27 Dec '13, 4pm

is quickly beginning to attract the attention of regulators in a number of countries. After a flat-out ban in Thailand and...

Bitcoin exchanges shut down after threat from I...

engadget.com 27 Dec '13, 4pm

is quickly beginning to attract the attention of regulators in a number of countries. After a flat-out ban in Thailand and...

Poll: Will the Bitcoin Price Hit $10,000 in 2014?

Poll: Will the Bitcoin Price Hit $10,000 in 2014?

coindesk.com 31 Dec '13, 5pm

2013 saw the price of bitcoin go from $13 to $266 , then to almost $1,200 on the back of strong growth in China. There was...

Bitcoin Setback: New Central Bank Warning

news.sky.com 27 Dec '13, 12pm

India's biggest Bitcoin trading platform has suspended operations after the country's central bank warned of the risks of ...

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online.wsj.com 08 Jan '14, 1pm

Bitcoin exchanges in China are trying to maneuver around tight rules imposed by the central bank, even as the virtual curr...

Indian Bitcoin exchanges suspend operations after gov't warning by @EricBlattberg

Indian Bitcoin exchanges suspend operations aft...

venturebeat.com 27 Dec '13, 3pm

Several Bitcoin exchanges in India have suspended operations amid fears they could violate anti-money laundering and finan...

Bubbles, Banks And Bitcoin via @forbes

forbes.com 30 Dec '13, 6pm

Currencies have three functions: store of value, medium of exchange and accounting unit. At the moment, Bitcoin is princip...

Bitcoin exchanges in India suspend services as ...

thenextweb.com 27 Dec '13, 9am

A number of Bitcoin exchanges in India have suspended their services days after the Reserve Bank of India (RBI) warned tha...

The Bitcoin Price Just Crossed $1,000 Again

The Bitcoin Price Just Crossed $1,000 Again

coindesk.com 05 Jan '14, 6pm

The price of bitcoin has, once again, reached $1,000 on popular bitcoin exchange Mt. Gox . The first time the price of bit...

Indian Bitcoin Exchanges Suspend Operations Following RBI Warning: Several Indian bitcoin exchanges

Indian Bitcoin Exchanges Suspend Operations Fol...

coindesk.com 26 Dec '13, 5pm

Several Indian bitcoin exchanges have pulled the plug and halted trading following a statement issued by the Reserve Bank ...

Bitcoin exchanges in India suspend services as ...

thenextweb.com 27 Dec '13, 9am

A number of Bitcoin exchanges in India have suspended their services days after the Reserve Bank of India (RBI) warned tha...

Bitcoin Exchanges In India Shut Down After Regu...

techcrunch.com 27 Dec '13, 1pm

Bitcoin exchanges in India are shutting down days after the country’s banking regulator warned users of virtual currency a...