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Patrick Byrne: "Interesting Announcements" Regarding Bitcoin on the Horizon

The bitcoin community's favorite CEO isn't done when it comes to discussing the emerging digital currency that has swept the tech industry off its feet over the past year. Today on his official Twitter account, Overstock.com CEO Patrick Byrne teased some news that we can all expect in about two weeks at a bitcoin conference that's slated to take place in Las Vegas, Nevada on October 6th. I'll have some interesting announcements to make at #BitcoinConf Las Vegas on 10/6. - Patrick Byrne (@OverstockCEO) September 22, 2014. No doubt about it, you can expect the announcements to be related to....


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Patrick Byrne: Overstock.com Keeps 10 Percent of Bitcoin Income as Bitcoin

As mentioned earlier today, Overstock.com CEO Patrick Byrne held a question-and-answer session on social sharing website Reddit.com Friday. The Reddit community (as they never fail to do) asked Byrne some really interesting questions, and some really interesting information was revealed by the company's head honcho. Mr. Byrne revealed that bitcoin purchases amount to under 0.1 percent of total transactions made on the site, but added that the company is keeping 10 percent of their bitcoin income in its digital form - converting the other 90 percent to fiat via their connection with....

Overstock.com CEO Patrick Byrne Holding Q&A on Reddit on Friday

Here's a little something that might interest members of the bitcoin community, particularly those that frequent social sharing website Reddit.com. Overstock.com CEO Patrick Byrne will be holding a Q&A session at from between 3 - 5 PM Eastern time on the /r/IAmA/ subreddit Friday, the 2nd of May. While the subreddit will allow Redditors to ask just about any question they feel appropriate, bitcoin-loving Redditors can take the opportunity to ask Byrne hard-hitting questions relating the the emerging digital currency. Of course, both Overstock.com and Patrick Byrne gained tremendous....

Overstock.com CEO Patrick Byrne Says He's Purchased Several Million Worth of Bitcoin Recently

Source: @OverstockCEO, Twitter. This story comes as a follow-up to a previous story regarding Overstock.com seeking to keep some of its bitcoin earnings. Just moments later after making the above statement, Overstock.com CEO Patrick Byrne made note that in recent days, he's personally acquired "several million" worth of bitcoin as an investment. "Just to be clear, I personally have gone out in the last few days and bought several million dollars in bitcoin," he said to others on the conference call. The call quickly moved in another direction, so there was no talk as to how much Byrne put....

Overstock Hires CounterParty Devs to Build Decentralized Stock Exchange

Overstock.com CEO Patrick Byrne said previously he had some interesting announcements to share when it comes to bitcoin and his company, and today, Byrne certainly did make an announcement at a bitcoin conference in Las Vegas. The news? Overstock.com has hired two CounterParty developers to code up put together an decentralized stock exchange of sorts that will allow companies - including Overstock - to issue financial securities securely over the web, atop the CounterParty platform (which works over the bitcoin block chain). In essence, bypassing today's centralized stock exchanges. The....

Patrick Byrne on Bitcoin: Space Cash, Beam it Across the Galaxy

Overstock.com CEO Patrick Byrne is a vocal Bitcoin proponent, even launching his own startup T0 to disrupt Wall Street. In a recent interview, Byrne discussed both Bitcoin and blockchain’s unique advantages. Patrick Byrne is a well known influential person within the bitcoin world, since his company Overstock.com was one of the first companies to accept....