Bitcoin wallet Blockchain download

The legal uncertainty around Bitcoin may be spooking Apple

IDG News Service — Apple on Wednesday removed Blockchain, the last remaining application in its mobile store for transmitting bitcoins, signaling the continuing uncertainty around the virtual currency.

U.K.-based Blockchain wrote Thursday on its website that Apple told it the application, which is a "wallet" that can be used to store and send bitcoins, was removed due to an "unresolved issue." Blockchain said it received no prior warning of a problem.

Apple, which could not be immediately reached for comment, has also removed other Bitcoin-related applications, including Coinbase and Gliph, Blockchain said.

"These actions by Apple once again demonstrate the anti-competitive and capricious nature of the App Store policies, " Blockchain wrote.

A growing number of retailers have adopted bitcoin as a payment option, but it faces scrutiny around the world as countries debate how it fits into existing legal and regulatory schemes.

A handful of other bitcoin-related mobile applications for iOS, such as market share tickers, are still available in the App Store, but none that can transfer bitcoins.

Blockchain's desktop application for OS X could still be downloaded on Thursday afternoon from Apple's Australian App Store, but it was not clear if that would also be removed soon.

In contrast, Google does not restrict developers from creating bitcoin wallets for its Android mobile platform, which could drive bitcoin users away from Apple.

Source: www.cio.com June 3, 2014 – 06:01

First bitcoin ATM to debut in NYC

2014-01-13 06:46:19 by -

The machine, designed and manufactured in Portugal, looks like a typical deli ATM — but functions more like a vending machine. You put in US dollars and receive bitcoins back on your phone.
Users first download a bitcoin wallet mobile app — such as BlockChain or Mycelium — and set a password. A black-and-white QR code appears. They press the phone against the ATM’s glass window so it can scan the code, then feed in cash.
Presto, the machine sends bitcoins to the phone.
“I knew it would go up tenfold, just not as quickly as it did,” Ling said.
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Bitcoin Advocate

2014-02-15 09:46:52 by GrabCashMakeStash

Bitcoin is clearly risky, but I'm bullish on it or the technology it's based on.
This is how it works, and why some of the premises you mention are not possible.
Scenario: BTC is worth $600
I put $600 on an exchange like Mt.Gox, BTC-e, etc. I'm familiar with BTC-e, but almost all the exchanges work the same. I buy from a user on the site that posted an ask order for exactly $600. I will receive 1 BTC on my BTC-e account. I can now withdraw this to my personal Bitcoin address. The 1 BTC was deposited to BTC-e by the person I bought it from (or whoever he bought it from)

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