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Over the last couple of weeks, everybody been recently weighing in about Bitcoin, the digital currency that could be the money of the future, or a bubble bursting right in front of us. After being worth only $30 in March, on Wednesday, Bitcoin reached an historical high of $266, then plummeting to just over $100 in a few hours, and now stabilizing around $120. When Bitcoin's price started to increase unexpectedly, it was crowned one thing everybody in Silicon Valley was talking about. (For those who don't know what Bitcoin is, this video explains it perfectly in 3 minutes).
Price for finding a monthly to be able to such betting odds comparison that online bookies use are from 200 euro (around $300) up to 5,000 euro (around $7,500) or even higher.
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Governments are going to introduce regulations to regulate virtual currencies, and Tradehill is already compliant whilst regulations and will also be proactive. Right now more lawyers than engineers right now, so we'll be too. As long every day are proactive, the government will see we're working within their realm. Have thought about thought Paypal was getting shut down, and it will be didn't take. I think you will see companies trying to obtain around the regulations that obtains shut downwads. Governments will make it more hard comply.
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