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Are you ready for last week's news review? Say no more!
The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session.
Cybersecurity researchers have revealed eye-opening details about a widespread Android malware campaign wherein attackers silently replaced installed legitimate apps with their malicious versions on nearly 25 million mobile phones.
Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States.
Tyler and Cameron Winklevoss, co-founders of the New York-based crypto exchange Gemini, may soon join the Libra Association, the consortium governing Facebook’s proposed cryptocurrency.
Bitcoin (BTC) bolstered its already bullish technical setup with a move above $13,000 on Wednesday.
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|How can we be sure you're not Tyler Winklevoss?||You can't. Sometimes I'm not even sure.|
|You went to quite a number of very good schools. What's your take on elitism and classism? Do you think that the networking possibilities there are more worth than the actual education?||Elitism and classicism are for people who can't get by on merit alone.|
|So, do you have a facebook account?||Yes.|
|Winklevosses, or Winklevii?||WinkleBOSS.|
|Thank you for taking the time for this AMA. Where do you see Bitcoin in the future? How will it remain a viable currency?||Small bull case scenario for Bitcoin is a 400 billion USD dollar market cap, so 40,000 USD a coin, but I believe it could be much larger. When this will happen, if it happens, I don't know, but if it happens, it will probably happen much faster than anyone imagines.|
|Have you sold any of your bitcoin?||I have yet to sell a single bitcoin.|
|I just started rowing for my college, any tips?||One of best ways to get gains is 90min steady state 3-6 times a week, HR @ ~150 BPM (75% of 220 minus your age)|
|We all learned of bitcoin at different times and in different ways. How did you learn of bitcoin?||Partying on a beach in Ibiza, where else?|
|You know what's cool?||A single bitcoin.|
|What has been the most defining experience you have had to date?||So far, I would say rowing in the Olympic Games for the USA.|
|Do you ever wish Pacific Rim was real?||Yes. Tyler and I would be be able to drift in Jaegers and beat down on Kaijus. Is that you Eli?|
|IPhone or Android?||Both, however, Android is much more Bitcoin friendly.|
|Whats your favorite purchase made using Bitcoin thus far?||Sriracha bacon lollipops.|
|What did you think of your portrayal in the Simpsons? Would you be a guest star if given the opportunity?||Huge fan of the show, but didn't feel our portrayal was particularly clever, a missed opportunity for them but flattered nonetheless.|
|Favorite video game?||Age of Empires.|
|Are you actively trading your bitcoin or are you just holding on to them? Do you think you can really predict price movements?||Holding, Spartans hold. No, my crystal ball is broken ATM.|
|Cameron, what was the highlight of your time at Oxford?||Dining with Harry Potter.|
|What is your favorite book?||I have a couple, to name a few, Isaac Asimov's Foundation, Frank Herbert's Dune, Daniel Mason's The Piano Tuner...|
|What do you say to people who think your right hand is fake in your photo proof?||Link to www.youtube.com|
|Thanks for taking the time to do this AMA. Do you have any good resources for learning the ins-and-outs of Bitcoin?||Link to trybtc.co is a good starting point for setting up a wallet, etc. Link to thegenesisblock.co is an incredible resource.|
|Do you believe in BTC as a currency or only as a speculative vehicle?||I view Bitcoin as commodity money.|
|Can I be you?||No, but you can be Tyler.|
|Hi Cameron, I feel like watching a movie right now. Do you have any suggestions of what I should watch?||Toy Story 1,2,3. (A did this marathon earlier today).|
|Do you see BTC 'replacing' currencies we have today, or being used alongside them?||I view BTC more as an alternative to fiat currencies than a replacement.|
|Have you invested in any altcoins, if so, which and why?||I have not invested in any altcoins because I don't believe that any of the "problems" or issues that they address can't be addressed by Bitcoin itself.|
|Do you think the unequal distribution of bitcoin / big gains of early adopters will be a deterrent in a more widespread adoption of bitcoins?||No. Early adopters get bigger gains (as they should) because they take on bigger risk. A bitcoin can be divided into 100 million pieces, so I don't see divisibility or distribution as a problem.|
|Biggest regret outside of anything facebook related?||That I haven't formed a band yet.|
|I understand that your ETF is only available to accredited investors. Why? Was this a decision on your part, or an SEC rule? Are you planning on opening it up to all people, not only accredited investors?||Due to gun-jumping rules I can't speak about the Winklevoss Bitcoin Trust, however, ETP's and ETF's are NOT exclusive to accredited investors, any investor can purchase shares.|
|Considering your huge position in bitcoin and the huge volatility of the price, how does it feel riding the massive swings?||Some days I don't even look at the price. I'm in this for the long-haul. Spartans hold.|
|Favorite Album?||80s Def Leopard: Hysteria 90s Smashing Pumpkins: Siamese Dream, RadioHead: Ok Computer, Alice in Chains: Dirt...|
|How good do you and your brother understand Bitcoin from a technical perspective? Like very specifically how certain aspects of it work (E.g: Proof-Of-Work, Cryptographic Hashing, etc)? Additionally, what are the biggest problems you see with bitcoin going forward?||Pretty well. I've spent a lot of time self-educating on crypto, etc.. The beauty of open-source is that it adapts and evolves so I am confident it will do so as needed.|
|What is your Christmas wish this year?||A triplet.|
|People have been asking you about the future of Bitcoins, but what do you see for the future of the US dollar? Will it be affected by all this quantitative easing?||I'm not sure about the US dollar and nobody I talk to is either. What everyone is sure about, however, is that we are in completely unchartered waters. In the last 4 years alone the Fed has quadrupled the money supply. At some point the music has to stop?|
|What do you eat for breakfast?||Egg white omelette usually. High protein.|
|How would you recommend someone should go about starting a Bitcoin group on a college campus? Looking for ways to do this but I can't think of any 'goal' or ways to entice people.||Check out Link to bitcoin.stanford.edu|
|What is the biggest difference between you and your brother?||I'm the goofy twin.|
|I think what he is saying is that people who are not smart or talented or hard working use family name, race, money, etc as a crutch to prop themselves up because otherwise, they are worthless.||Correct! Perfect explanation. So much of what I love about rowing is how merit-oriented it is. The boat you're in doesn't care who you are, and what you have, only what you do.|
|Damn! This was my only chance to talk to a famous person!||Hi Tester! Tyler says "hi" too.|
|I am honored!||As am I. Thanks for taking the time out to join me.|
|I am a twin, me and my twin both did crew in high school, and we both have invested in Bitcoin. Just want to say that we both look up to you guys :) twin power!||#Twinning!|
|I just really like the username you chose. That's all, have a good day.||Merci.|
Cómo los gemelos Winklevoss, que demandaron a Mark Zuckerberg "por haberles robado Facebook", se convirtieron en los primeros milmillonarios del bitcoin The Winklevoss twins – Tyler and Cameron believe that Bitcoin and cryptocurrencies, in general, will eventually become bigger than social media giant; Facebook.. These comments come as a renewed wave of optimism among cryptocurrency bulls begins to emerge with prices gaining significant ground after a difficult year which saw declines of more than 80 percent. Bitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. (AP) (AP) The New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry. Tyler Winklevoss is the co-founder and CEO of Gemini, a next-generation Bitcoin exchange. He graduated from Harvard University with a degree in Economics and earned an MBA from Oxford University. In 2008, he represented the United States at the 2008 Olympics Games in Beijing, China, placing 6th. Winklevoss has been an angel investor and entrepreneur in emerging technologies since 2003. Winklevoss twins develop a new app that monitors Bitcoin prices in real time 24 Oct, 2014, 03.40 PM IST. Last week, the brothers launched an app, WinkDex, that helps users monitor the average price of a bitcoin in real time. Users can also calculate Bitcoins to USD instantly.
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In an interview with Fox Business Monday, Tyler and Cameron Winklevoss, whose holdings in bitcoin are now worth more than $1 billion, say it could reach well above $300,000 a coin. Currently, the ... Cameron and Tyler Winklevoss sit down with John Biggs to discuss Wall Street's attitude toward bitcoin, their new bitcoin exchange, and their bitcoin-based e... The Winklevoss twins explain the future of Bitcoin including how it compares to gold and how there is still so much more potential for growth. They became famous as the privileged pair of Harvard athletes who believe Mark Zuckerberg stole their idea for Facebook. Now, entrepreneurs Cameron and Tyler... The Winklevoss Twins make the case for Bitcoin's future value and compare it to Gold. Interesting interview with Maria Bartiromo.