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Bitcoin Debit Card Australia -- Will Bitcoin Bounce? -- MJ Dispensary Canada Accepts Bitcoin

MB · 2014-09-18 ·00:03:41 ·MadBitcoins
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Summary

This episode, broadcast on September 18, 2014, provided an update on the burgeoning acceptance and market status of Bitcoin, focusing heavily on regional adoption milestones.

1) Main Topics Discussed
* Market Analysis: Discussion of Bitcoin's downward trend, with analysts suggesting the currency may have found a floor due to being oversold.
* Australian Adoption: Coverage of Australia getting its first Bitcoin debit card, a product from the exchange Coin Jar.
* Canadian Adoption: Highlighting that Mega Chill in Vancouver became Canada's first Bitcoin-accepting dispensary, with plans for future expansion.
* Market Prediction: Financial chart watchers suggested that if Bitcoin remains above $450, it might stabilize in the $460 to $470 range.

2) Key Quotes
* "Bitcoin prices continue to trend downward but may have found a floor..."
* "Financial chart watchers say that Bitcoin is oversold, that sellers are running out of Bitcoin to sell."
* "Australia gets its first Bitcoin debit card."

3) People/Entities Mentioned
* CoinDesk BPI (Data source)
* Coin Jar (Australian exchange)
* Mega Chill (Vancouver dispensary)
* CoinHD (Promotional partner)

4) Bitcoin Price Mentioned
* Bitcoin (CoinDesk BPI): Low of 429, High of 454, Last of 431.
* Litecoin: $4.83.
* Target Range: $460 to $470.

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