Sentences with phrase «ventured out of the bitcoin»
The real test for PopChest took place earlier this year when the startup ventured out of the Bitcoin ecosystem.
https://bitcoinmagazine.com/ Not exact matches
Still, despite all the hype and the billions of dollars venture capitalists rained all over it, Bitcoin's value crashed and burned, though not completely out.
Interestingly, the venture capitalists pointed out that they have not sold a single bitcoin yet, with Cameron Winklevoss stating that the two of them are in for the long haul.
If you're looking to do some holiday shopping take a look at these Bitcoin supporters prior to venturing out to the world of big box stores.
Although some of its supporters are optimistic about the potential for this new kind of open - source e-money, the venture is fighting a massive uphill battle: for one thing, Bitcoin may actually turn out to be illegal.
«The future of bitcoin remains bright with strong support out of large financial players including major banks, venture capitalists, and the largest stock exchange in the world, the NYSE,» added Odell.
Balaji Srinivasan, a prominent venture capitalist and partner at A16Z pointed out that the Bitcoin phenomenon will soon take up a magnanimous form with everyone treating it as the sole mode of financial operations.
This usually occurs when someone ventures out to personally buy bitcoins from an buyer they do not know, all the while carrying quite a bit of cash.
The reason is that there are much more people spending Bitcoin than earning it, and the coins paid to those earning it are generally paid out of the pockets of BTC - holding venture capitalists or customers and not bought at an exchange.
Venture capitalist and entrepreneur Peter Thiel has admitted that he is long Bitcoin but does not hold out much hope for the rest of the cryptocurrency space.