Fake IDs in Bitcoin — Hundreds attend China BTC Summit — What is Peercoin?

Fake IDs in Bitcoin -- Hundreds attend China BTC Summit -- What is Peercoin?

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Here are Today’s MadBits: Bitcoin Prices are steady in the 430s-440s, with Coindesk BPI reporting a Last of 9, a High of 0 and a Low of 1.

Peercoin is steady at .10 — recently seperating from Namecoin who was left behind in Peer’s dust at .05 — is Peercoin experiencing the MadBitcoins bump? The same bump that sent Reddcoin skyrocketing from 4 satoshis all the way up to 9 satoshis after being coin of the week last week. Thanks to Reddcoin for being the coin of the week! Reddcoin is as we said way up, but down slightly to 8 satoshis. Litecoin is at .32 a coin.

1.) Kids Are Using Bitcoin to Buy Fake IDs Online
http://www.theatlantic.com/technology/archive/2014/05/how-kids-are-using-bitcoin-to-buy-fake-ids-online/362008/

also check out Fake ID Flow:
http://www.detox.net/uncover/fake-id-flow/

2.) Embattled CEO of Bitcoin miner firm: “We are as poor as church mice”
http://arstechnica.com/tech-policy/2014/05/embattled-ceo-of-bitcoin-miner-firm-we-are-as-poor-as-church-mice/

3.) Colorado Congressman Seizes on New Bitcoin Rules
Colorado Congressman Seizes on New Bitcoin Rules

4.) Hundreds attend China’s first bitcoin summit, defying Beijing’s warning
http://www.scmp.com/news/china/article/1509436/hundreds-attend-chinas-first-bitcoin-summit-defying-beijings-warning

5.) Chinese bitcoin firms plan to go offshore to sidestep crackdown
http://www.scmp.com/news/hong-kong/article/1510452/china-bitcoin-businesses-plot-escape-beijing-crackdown-PBOC

6.) But…. What — What is Peercoin?
http://www.peercoin.net/

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Bitcoin Price Chart — Coindesk Bitcoin Price Index (BPI)
http://www.coindesk.com/price/

Litecoin Price from BTC-E:
https://btc-e.com/exchange/ltc_usd

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