Teh Ban Koon

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Why Isn't Bitcoin Interesting To Leading Economists?

<i>Answer by Erik Madsen, economics PhD student at the Stanford Graduate School of Business, on Quora,</i><p>I’ve fielded variants of this question from non-economists many times. I always respond with the same question: <b>What does Bitcoin have to teach us about the economy?</b><p>From a practitioner’s point of view,</b> …

Virgin Galactic to accept Bitcoin for space flights

The virtual currency Bitcoin can be used to purchase pizza and to make apartment rentals – and now it can be used to buy tickets to space. Virgin Galactic, the space-flight branch of Richard Branson’s empire, announced on Friday that it will accept payments made by Bitcoin.<p>“All of our future …

Virgin Galactic now accepting Bitcoin for future flights into space

As the value and credibility of Bitcoin continues to skyrocket, Virgin founder Richard Branson now wants to let people use the digital currency to finance a flight into space. Ahead of its first trips next year, Virgin Galactic has already had one "future astronaut" from Hawaii book a …

Someone Just Transferred $148 Million Worth Of Bitcoin

That's about 195,000 Bitcoins.<p>We say transacted because there is no way of knowing whether any money actually changed hands. The Bitcoins were transferred from several Blockchain "addresses" to another single address. Addresses are basically routing numbers, and an individual's Bitcoin wallet can …

Windows Phone Now Sees 10M Transactions And 500 New Apps Daily, Has Served 3B Total Downloads

Today Instagram and Waze came to the Windows Phone platform, bringing two applications to Microsoft’s smartphone venture that it has long lacked.<p>Microsoft also released a set of numbers that outline the platform’s growth, and yet modest size. Windows Phone has seen 3 billion applications downloads, …

Can Bitcoin catch on with consumers? Gift card site says 3% reward will help

Advertisement<p>4 Comments<p>Credit: Guardian/Guy Grandjean, James Ball<p>Bitcoin is getting more buzz than ever thanks to an apparent thumbs-up in Washington …

University in Cyprus Becomes First to Accept Bitcoin Payments

Bitcoin has taken yet another step into the realm of real life viability, as the University of Nicosia (UNic) in Cyprus decided to accept the digital …

Nokia Lumia 1520 review: the best Windows Phone device yet

Windows Phone has never looked this good. The latest update to Microsoft's mobile operating system, known as Update 3, added support for 1080p displays, large smartphone screens and state-of-the-art processors. And now, these features are finally showing up on actual hardware. The first device to …

Analyst Predicts Bitcoin Will Go Over $1000 This Week: 'This Is A Classic Bubble'

As Bitcoin’s value continues its ridiculous climb, into the $600s and $700s on popular exchanges, a price forecasting analyst states the obvious, “This is a classic speculative bubble.” Based on its current momentum, he predicts that it may go as high as $1,700 within the week.<p><i>Disclosure: I own</i> …

China and bitcoin are going steady, but does Beijing approve?

The mutual love affair between China and bitcoin shows no signs of losing steam. Today two related venture capital firms invested $5 million in BTC China, the digital currency’s biggest trading platform, and the value of bitcoins surged to an all-time high, due in part to Chinese demand. But how …

Cryptocurrency

Bitcoin Touches Record $600 Valuation

It’s been an interesting day for crypto-currency Bitcoin after its valuation passed $600 on a trading platform for the first time, while another major trading company (the world’s largest for Bitcoin) landed a $5 million investment.<p>Bitcoin seemed in trouble back in October when its valuation …

Bitcoin Digital Wallet Service Coinbase has had its iOS App Pulled

Less than a month after its relaunch, the Coinbase for iOS app has been pulled from the App Store. As noted by TechCrunch, The Bitcoin wallet service is still available as an Android app in the Google Play store.<p>BitcoinBlogger believes the new iOS app was taken down by Apple, rather than Coinbase. …

Bitcoin gets ready for the government

As Bitcoin gets an increasing amount of attention from the government, the entrepreneurs and advocates behind the digital currency are getting ready for their close-up.<p>They are hiring lawyers skilled in navigating the regulatory gauntlet, political operatives who can deal with the curiosities and …