Bitcoin is still not dead -- Facebook Payments? -- Chinese Bitcoin Ebay -- Russia Ban Again

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October 6th, 2014 -- Lima, Peru -- Gotta have my MadBitcoins!

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Here are Today’s MadBits:

Bitcoin Prices are trending upwards with WinkDex reporting a last of $340, a high of $340 and a low of $290. It’s also worth noting the high volume. High volume selling and high volume buying. Bitcoin is being actively traded. It is not dead.

Also note the small number of days destroyed. These are not old bitcoins moving. These are traders being traders. The 30,000 Bitcoin wall on Bitstamp that was designed to make you think the Drapers had given up and were selling -- is gone. Are whales scooping up cheap coins? I think the answer is yes.
https://blockchain.info/charts/bitcoi...

Litecoin is at $3.85 cents a coin.

New York Times: Price of Bitcoin Tumbles
http://dealbook.nytimes.com/2014/10/0...

Krugmania: As Bitcoin's Price Falls, The New York Times Pundit Takes A Very Premature Victory Lap
http://www.forbes.com/sites/markrogow...

Film Review: ‘The Rise and Rise of Bitcoin’
http://variety.com/2014/film/reviews/...

Facebook Messenger Hack Reveals Mobile Payments Service
http://mashable.com/2014/10/05/facebo...

Samsung Poised for ‘Ugly’ Quarter as iPhones Get Bigger
http://www.bloomberg.com/news/2014-10...

Chinese E-commerce Platform aims to be the “Bitcoin Ebay”
http://bitcoinist.net/chinese-e-comme...

Darkcoin Price Plummets after Open-Source Release
http://cointelegraph.com/news/112684/...

Keiser Report: Amir Taaki on Imagination, Dark Wallet, and Politics
http://cointelegraph.com/news/112681/...

Bank of Russia shuffling off Bitcoin transactions?
http://bitcoincasino.info/bitcoin-cas...


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Georges Méliès - A Trip to the Moon (Le Voyage dans la Lune)
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Bitcoin Price Chart -- Bitcoinity
http://bitcoinity.org/markets

Litecoin Price from BTC-E:
https://btc-e.com/exchange/ltc_usd

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