Coinmesh Wants to Facilitate Anonymous Bitcoin Trading in The Street

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Coinmesh plans to develop an open source map based application for iOS and Android, to find nearby users who want to buy or sell Bitcoin for cash. The app will permit searching for local users with opposite currency exchange requirements and suggests a meeting time and place. Users will be pseudo-anonymous thanks to a decentralized […]

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Swedish banks are slowly and quietly clamping down on bitcoin exchanges

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Despite following the relevant financial regulations concerning anti-money laundering and know your customer rules, Swedish banks have unilaterally begun clamping down on the few local Swedish exchanges by shutting down their bank accounts.

FYB-SE posted this message yesterday in bitcointalk and emailed all their customers notifying them that their bank account would be closed this Friday 14th November.

http://ift.tt/1pSMmiv

BTCX are also having similar problems working with banks, facing the closing of several bank accounts and are also running out of options. They have written about this on their blog.

http://ift.tt/1EESttX

We all know that bitcoin is a threat to the banks and to expect a response, and now we’re witnessing it in Sweden. They are taking an underhanded means which I believe is part of a larger plan to push legitimate, legal bitcoin businesses underground so that they can later claim "see we told you all along bitcoin is for criminal activity".

How can we respond to this?

submitted by bringitalldown
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Long Term Update: True Break Out?

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After trading in a range that lasted for almost five weeks (300$-380$ price zone), bitcoin prices have made a run for it. The breakout above the ALMA weekly moving average (now at 380$) happened very quickly with high volume. Given the volume action of the last few days, another breakout above the $500 level at a first glance seems likely in the near […]

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Bitcoin Price

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Browser not compatible. Must Reads about the Bitcoin Price • What Affects the Bitcoin Price? • What Determines the Bitcoin Value? • How to Trade Bitcoin • Why the Bitcoin Crash Below $500? • What’s Happening with the Bitcoin Price • Why Bitcoin Value Doesn’t Matter Read all our Bitcoin Analysis here. Get the Bitcoin […]

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