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The extreme volatility on Wednesday cooled a regarding people off, prompting some to call Bitcoin a bubble ready to burst, and caution everyone about taking it too seriously. However, the The big apple Times reported that top level investors such as the Winklevoss twins obtained Bitcoin.
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Examiner.com trapped with Jered Kenna, CEO of Tradehill, the second largest crypto currency for bitcoins after Mt. Gox, before it for you to shut down last year due together with payment dispute with startup Dwolla. Tradehill relaunched successfully in March with the B2B service, Prime, seed investment, alongside new party.
JK: I said I wouldn't get back into it unless we had the technical side taken care of, the legal side and the money behind it. We hired 7 lawyers to take care of the legal side, and convinced Miron Cuperman who worked on PCI compliance at Google, to join as the CTO. He was a tremendously big fan of Bitcoin and he's working for us full time now, he's pretty breathtaking. Having him really convinced me it was worth carrying out. We also raised 400, 000 in seed money and right now most of us are not taking a salary, so we're working very hard on it all.
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