An ounce of gold, a world's worth of a bitcoin

Marking bitcoin price at today at $1‚217 on average in Mt. Gox to as  high as $1‚233, just a few dollars shy for an ouch of gold valued at $1‚252.

Graph showing prices of bitcoins in November 2013 (photo Credit: blockchain.info)

Bitcoin competing with gold established itself now as an indespensable asset. Its value, price and demand soared in a short span of time‚ passing 1000$ mark at in less than a month as more and more Chinese go after with what short supply the world has with bitcoins.  Total bitcoins in circulation is just a litlle over 12 million bitcoins with with daily transactions close to a hundred thousand having a market capital of over $14 billion.

Graph shows prices of gold per ounce for the month of November 2013 (Photo Credit : kitco.com)

In a Coindesk article‚ Erik Voorhees‚ co–founder of Coinapault and part owner of Satoshidice‚ said that cryptocurrency has several advantages over the precious metal. Primarily‚ it can be transported anywhere in the world instantaneously‚ making it suitable for Internet payments. It is also far easier to divide and recombine than gold. 

On the other hand‚ gold continues to work even when the Internet does not‚ and it is a long-standing‚ stable‚ and well-understood commodity. It′s immune to bugs‚ hackers and the loss of community support.

“This is very special, and cannot be replaced by bitcoin for a very long time‚”  he added.

FIFA Official Football App for Now Available

Football fans can now get updates anytime, anywhere with upcoming football events and a lot  more in store using this app. Available for andriod phone users, iphone and ipad.  Packed with user friedly interface, it has now gathered positive reviews just over couple of days since its launch.

Dowload is available in google play and itunes

Screen shots of FIFA Football app taken from google play





More sports news available here sbobitcoin

Definite Rise of Bitcoin-Accepting Merchants Listed in CoinMap

"Coinmap.org is getting 40-50 new additions per day. 1000 locations milestone coming up. " said Rene-Lee Sylvain, CoinMap Contributor. 

"It is doing really well. When I started promoting it 6 months ago it was at 200. 1 and a half months ago it was at 400. Now it's at 950. Adding 550 in the last month and a half. " 

CoinMap was delevoped using OpenStreetMap, an open source map of the world with the source code in Github that can be viewed or edited by anyone who to do so. Currently, CoinMap is maintained by 5 contributors.

Graph show steady rise in numbers of bitcoin-accepting merchants for the month of November 2013

Map showing places where bitcoin-accepting merchants are located.

Read more bitcoin news here in sbobitcoin

Watch LIVE on SBOBET Spanish La Liga: ATHLETIC vs. BARCELONA

Don't be left behind!! See both teams go head-to-head in SBOBETv on December 2, 4:00 AM 

Watch out for upcoming team match ups here in sbobitcoin

SBO Bitcoin Extends its Warmth Gratitude to all of our Customers who Patronize our Product

      SBO bitcoin’s as one of the newest product of Ole GroupPhilippines Inc wants to acknowledge all of our customers who support us. Being in this bitcoin industry for almost four months and attaining at least hundred of customers really make us glad. All the hardships and efforts both internal and external team is worth it after reaching this some set of goal. Although hundred is just a number, we still want to reach out and express our heartfelt gratitude through this blog. Being the foremost agent in Asia that accepts bitcoin as stake and crediting it to the most renowned market in Sbobet, Ibcbet and Pinnacle, is a big responsibility and risk in us. But still, teams are positive and positivity turns an outcome for us.

       As part of our aim to bring luck and excitement to all of you using your bitcoin, we improve our credit rate favorable to all of our customers. Carrying out recent update, we have set our rate on a daily basis which is also based on the average of last price and low price generated by BTC-E Bitcoin Exchange. Daily average rate is between 6000 to 6500 HKD every day but still depends on the generated rate by BTC-E. We are always in the process of seeking new and exciting ways that will correspond to your delight and for us also to give you a better service and this is one of the ways we know can maximize your bitcoin value regardless of the fluctuating effect of it in the industry.

Once again, we want to thank all of you for making all this things possible with us. We would, as always, value your feedback and suggestions to help us improve our services.

Best Regards,

SBO bitcoin

Bitcoin in Twisted Views

Bitcoin was met with skepticism in its early conception, its concept, stability, security and availability. Bitcoin in its cryptic nature attracted more and more people each day. Most specially Chinese, learning more and adopting it into their society, making it part of everyday living playing part of the global trade, more or less half of it. With the increasing demand comes along with increasing price of bitcoins, now ranging from 871 to more or less a thousand dollars.

Nonetheless, misconceptions still lingers, here are the following:

1.       Bitcoin is nothing but digital cash for criminals.

Silk Road, an online black market for illegal drugs, started accepting bitcoins in 2011 became a way for doing illicit transactions with a little less worry in finance department being traced.  Investors came flooding in and business grew more than expected. Not until it was seized by the Federal Bureau of Investigation In early October, the Federal Bureau of Investigation shut down Silk Road and apprehended its alleged creator, Ross William Ulbricht, in San Francisco. The price of Bitcoin dropped sharply but quickly recovered, and has since attained heights that would have been unfathomable only weeks ago. And yet, even since that bust, the media has lost no opportunity to tie Bitcoin to Silk Road in report after report.

Gone was the illegitimate, and then came the legitimate ones popping one after the other as investors see potential in bitcoin. Lightspeed Venture Partners, working with its Chinese counterpart, just invested $5 million in BTC China, the world's largest Bitcoin exchange.Now government is taking back what they’ve thought to be exclusively the preserve of criminals with legal businesses making serious moves.

2.       Bitcoin transactions are anonymous and untraceable.

Since bitcoin has been tagged as anonymous cryptocurrency, most people prefer using it to preserve their privacy and anonymity. An idea that needs to be straightened up since every transaction using bitcoin is seen in the public log called blockchain, which prevents double spending. As cryptic as a single bitcoin, tracing back its origin would mean going into a hedge maze, it will take you time to get out of it. Researchers from the University of California, San Diego and George Mason University recently created a map of the Bitcoin economy that could be used by law enforcement to track the flow of bitcoins from criminal sources to legitimate companies such as Bitstamp and other exchange services. In the U.S., exchanges are required to obtain identifying personal information from their users, so a subpoena could reveal a criminal's real identity.

3.    Mt. Gox is the go-to place for the value of Bitcoin.

Pionering bitcoin exchange giant, Mt. Gox has been on the top for the most of bitcoins’ existence as the leading trading platform of bitcoin. Its foundation has been shaken as persisting problems with withdrawing U.S. funds also due to bitcoins volatility that gets their liquidity in question. Mt. Gox resorted to artificial inflation.

Why the inflation? It has to do with recent difficulties in withdrawing U.S. funds from Mt. Gox. Because users have found themselves unable to pull their dollars out of the exchange, they are forced to buy bitcoins with those dollars and then transfer the coins elsewhere. Those trades have driven the price on Mt. Gox beyond the price found on Bitstamp, Coinbase and most other exchanges. One way to verify this discrepancy is to visit Bitcoin Average and click the button that says "ignore MTGox for USD/EUR/GBP."

BTC China, which now processes more than one-third of the world's daily Bitcoin transactions, and is open only to Chinese customers, is also overheated. It is somewhat misleading to quote the global price of Bitcoin by simply converting the price in yuan on BTC China to U.S. dollars, because that value is elevated beyond what is achievable on exchanges that transact in dollars.

More of this news here

English Premier League: Cardiff City vs Arsenal

Cardiff City go against league leader Arsenal Tomorrow, 11:00 PM

Cardiff City Stadium

Know more upcoming football matchups here in sbobitcoin

2014 World Cup Stadium, Arena Corinthians Brazil, killed 2

Arena Corinthians, locally known as Itaquerao, is said to be at 93% completed in its entire construction since it began Last May 30 2011. Located in Itaquera, East Zone of São Paulo, expected to host the opening of the 2014 World Cup, FIFA provides 68,000 seats in addition to 48,000 seats in the said stadium. Giving it 20,000 more temporary seats for the fans.

Scheduled to be completed December 2013, stadium was damaged due to a crane collapsed and surrounding structures went down with it killing 2 workers. Adding woes to impending World Cup 2014.

Tensions rise as World soccer governing body FIFA are in the midst of assesing what caused the collapse and total damage incurred for they want all stadiums to be ready when December comes.

World soccer governing body FIFA said it was assessing the extent of damage to the stadium hosting the 2014 World Cup opener as officials inspected the grounds Thursday to determine what may have caused the deadly accident, just weeks before all stadiums for one of the biggest events in world sports were scheduled to be completed.

Brazilian news reports have cited unnamed workers as blaming the rush to finish the Arena Corinthians for the decision to raise the last missing piece of roofing on Wednesday, despite several days of heavy rains that softened the earth around the stadium.

World awaits the official report on the case as victims of the tragedy are being given priorities.

World Cup TV: Kiwis have faith in their abililty (+playlist)

Just keep calm

sbobitcoin

Join Us To be The Next Lucky Member

SBO Bitcoin beginning in last September 2013 and now because of your trust in us, the SBO Bitcoin has reached 100 registered customers within 2 months. 

Most of our customers are from United States, Australia, Brazil, Mexico, Sweden, Russia, Finland, Brazil, Argentina, and Czech Republic.SBO bitcoin is an agent for opening an account for sportsbook, casino and poker with renowned market leader like SBOBET, IBCBET and Pinnacle using bitcoin transaction types that can be executed very quickly, either deposits or withdrawals.

Right now, when you deposit for the first time at SBOBITCOIN, we will give you a huge 10% initial deposit bonus on your account instantly. You can use your bonus to make bets or play in our sportsbook right away!  

To facilitate the betting process, we will convert Bitcoins into 100 In Game Dollars and will be converted back to bitcoin upon withdrawal, the same way.We will be using stationary fixed rate which is 100 In Game Dollars for Sbobet & Ibcbet and 100 Euro for Pinnacle. It’s lower that you may think but what we aspire is the full trust of the customer to rely us in our objective.

The lower the rate of the bitcoin and the higher your money of winnings is. The more chance you can accumulate more. Not just double but it can be triple and so on.

Thanks for your trust in us. Enjoy this opportunity that only SBO Bitcoin can bring!

For more information, please contact us at any of the following: SBO Bitcoin or IBC Bitcoin Live Chat 24/7

Mobile: +63 917 861 2737

Email: info@sbobitcoin.com

BBM Pin: 2470F2B4

Keep up with the latest news in SBOBitcoin

Puskas Award 2013: Ten Best Goals of the Year

List of best goals of the year from around the world are out now for voting.

1. Peter Ankersen

2. Lisa De Vanna

3. Antonio Di Natale

4. Zlatan Ibrahimovic

5. Panagiotis Kone

6. Daniel Ludueña

7. Nemanja Matic

8. Louisa Necib

9. Neymar

10. Juan Manuel Olivera

Nominees were selected based on four criteria: beauty, importance, whether any luck or error was involved, and fair play.

Votes are accepted until December 9. Vote here



Keep up with the latest football news in SBOBitcoin

Bitcoin in all time high?

As more and more people and business opening up to accepting famed bitcoin, it pushes up it's value just a little below 400$ mark. Even farmers from Utah is accepting bitcoins. Bitcoin market is still young, watch it make its way as it goes up and down. As it does, maximize your bitcoin value with us

Know the latest in bitcoin news here in sbobitcoin

Major League Baseball's Mariano Rivera Bid Goodbye

A moment of goodbyes that last minutes on the baseball field meant to last a lifetime with Rivera leaving behind a record spent nineteen seasons, 1,423 innings and 652 saves later known as Major League Baseball's greatest closer of all time. Baseball fans will surely miss you. 

Get the latest in sports news here in Sbobitcoin

Manchester United's Michael Carrick Off the Field for Six Long weeks

Manchester United midfielder Michael Carrick will be out for up to six weeks with an Achilles injury.

"Well a few weeks out for me.. Gutted!
Hate missing games. Not used to this injury business. Let this Achilles heal and come back stronger." said Michael Carrick himself on his google + account.

Bad news as it may seem but Carrick is hopeful that He will be back earlier than expected as medical intervention is underway on his Achilles tendon problem.


His situation will continue to be managed by United but there is no suggestion yet he will require surgery.


Keep up with the latest football news in SBOBitcoin

Andrea Bargnani Steps Up For The Knicks (+playlist)

Effortless stepping in for the win...bet your way in NBA through http://sbobitcoin.com
 

Donaire vs Darchinyan Faceoff and Weigh in EsNews Boxing (+playlist)

http://www.youtube.com/v/tXCbeHCxPy4?list=TLydR-PUVhEhlEL6jDRWfSJTFuTkkY2JEl&version=3&attribution_tag=-OZpKoTggBe1_Swd1TtyOw&autohide=1&showinfo=1&feature=share&autoplay=1

Top 10 NBA Plays: November 8th (+playlist)

http://www.youtube.com/v/iWdQJGpjMCM?version=3&list=TLydR-PUVhEhlEL6jDRWfSJTFuTkkY2JEl&showinfo=1&autohide=1&autoplay=1&feature=share&attribution_tag=inrA-0Cv0l_804mdUYX_1g

Brawns and Brawl

Who's up for a UFC fight?


Got your favorite picks? Here's a list from SBOBET.

Asian Handicap for Universal Fighting Championship
saturday, novermber 9 8PM/5PM ETPT 

Nov 10 07:00		1.91  Godofredo Pepey	1.91 Sam Sicilia
Nov 10 07:00		2.58  Thiago Perpetuo	1.45 Omari Akhmedov
Nov 10 07:00		1.46 Thiago Tavares	2.56 Justin Salas
Nov 10 07:00		1.94 Adriano Martins	1.88 Daron Cruickshank
Nov 10 07:00		1.73 Jose Maria	2.09 Dustin Ortiz
Nov 10 09:00		1.38 Vitor Belfort	2.78 Dan Henderson
Nov 10 09:00		1.48 Cezar Ferreira	2.51 Daniel Sarafian
Nov 10 09:00		1.32 Rafael Cavalcante	3.00 Igor Pokrajac
Nov 10 09:00		3.38 Paulo Thiago	1.24 Brandon Thatch
Nov 10 09:00		2.06 Santiago Ponzinibbio	1.76 Ryan Laflare
Nov 10 09:00		1.45 Rony Jason	2.58 Jeremy Stephens

Wanna bet? Register here

LIVE! National Hockey League Matches

Asian Handicap

NHL - Regular Time Only

1-1 Live		1.92-0.50Boston Bruins	1.90+0.50Dallas Stars
2-2 Live		2.02-0.25Washington Capitals	1.80+0.25New York Islanders
0-2 Live		1.90-0.25Columbus Blue Jackets	1.92+0.25Ottawa Senators
0-1 Live		1.950.00Montreal Canadiens	1.870.00St. Louis Blues
1-1 Live		2.00-0.25Florida Panthers	1.82+0.25Edmonton Oilers
0-0 Live		2.07-0.75Minnesota Wild	1.75+0.75Calgary Flames

Bet now! Click here to register.