MadBitcoins Live: Bitcoin $500, Ebay Payments? (uber, airbnb), Dish goes live

Here's a summary of the MadBitcoins Live episode from August 15, 2014:

1. Main Topics Discussed:

• Bitcoin Price Decline: The episode focuses on Bitcoin's recent price slump, falling into the $500 range, the lowest levels since May.
• Potential Bitcoin Adoption: Discussion about eBay Payments potentially accepting Bitcoin, and speculation about Airbnb and Uber following suit.
• Possible Causes of Decline: Theories explored include the Consumer Financial Protection Bureau warning, Bitstamp's change in banking partners, and margin calls.
• Gavin Wood & Satoshi Nakamoto: Acknowledgment of Gavin Wood's significant contributions to Bitcoin and his early work with Satoshi Nakamoto.
• Dish Bitcoin Option: Announcement that Dish now offers a Bitcoin payment option.

2. Key Quotes:

• "There is no clear cause of this Bitcoin decline."
• "All Bitcoiners truly owe Gavin a debt of gratitude for his incredible work on this project."
• "Margin is when you buy a stock with money that you don't have."

3. People Mentioned:

• Mikey
• Alan (Patreon subscriber)
• Gavin Wood
• Satoshi Nakamoto

4. Bitcoin Price:

• The price was reported as $5.11 (high $5.17, low $5.01).