Bitcoin price soars to $500 today!

Are you also sitting on the edge of your seat watching the Bitcoinity live chart going haywire all day, everyday for the last few days? The bitcoin price soaring from $237 a month ago up to $500 today’s maximum price (so far).

rise bitcoin RISE!

rise bitcoin RISE!

Now, lets speculate why this is happening? What are your opinions? (please comment your thoughts)

Is it:

USAA integrating bitcoin balance for their banking customers??
Blockchain tech featured in The Economist magazine (or blockchain technology in general)
The Winklevoss’s launch of trading platform
Worldpay quietly supporting Bitcoin and Blockchain
Something happening in CHINA?

Maybe just a mix of them all, or some secret undercover shit that is way over our heads? Other ideas?

Would love to hear your thoughts!

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Makati Manila Philippines bitcoin ATM machine spotted

I was walking around Makati area, actually Burgos St. area in Makati Manila Philippines and spotted a bitcoin ATM machine at Sunette Tower Suites. Bitcoin is growing around the world guys!

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Coinbase fees too high?

Bitstamp with 0.5% fee and then there’s Coinbase with 1% fee, I was wondering, why is this so high? and is this fair? I love bitcoin but really for an exchange to be taking 1% on all sells and all buys is just ridiculous imo. I love you Coinbase, love you bitcoin, but this really should be updated to a more fair amount.

The Winklevoss brothers are launching Gemini but it seems they have not yet released their fee amount. I emailed them already:

Hi, i’d like to know what kind of fees will Gemini have per transaction?
Coinbase has 1%, Bitstamp 0.5%
Where will you guys be at? I’m very interested, i’d love to see something lower than 1%, that is insane imo
Thank you


I am not the only one who thinks this way, here’s a thread on Reddit about it ->

I love you coinbase, and love your easy to use platform, but really, why the high fees?

UPDATE (Oct 18, 2015): Gemini replied that they have only 0.25% transaction fees! :)


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Mark Karpeles arrested by Japanese Police for bitcoin fraud

August 1, 2015 Tokyo police arrest former CEO of Mt. Gox Mark Karpeles on charges of stealing over $1,000,000 from users of his bitcoin exchange also tampering with financial records to inflate his bank account.

MtGox CEO Mark Karpeles arrested in Japan

MtGox CEO Mark Karpeles arrested in Japan

See more at BBC World News here.

Or at ZDNET here.

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Mike Tyson Bitcoin ATM machine coming soon

Mike Tyson Bitcoin ATM

Mike Tyson is coming out with a bitcoin ATM machine this coming August 2015. The website doesn’t have much information of where it will be located or any other details, but you can subscribe to the mailing list to get emails about updates, info of what is the dealy.

His website says:


Good luck Iron Mike, I hope you can get your ATM machine out as planned! Checkout the website here.

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Prime Dice – awesome new bitcoin gambling site

Prime Dice

My friend just introduced me to this new bitcoin gambling website called Prime Dice. You send bitcoin to your account there, setup your gambling technique and odds, and you let the auto roll go! I just turned 1 bitcoin into 1.5 bitcoin in the past hour. Call me lucky, or whatever, it was fun to watch. Let me know if you join and I can help you setup your bets the way I have mine :)


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