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Jered Kenna: We relaunched before cost tag on increase, we hoped to the first there and ride the wave. Microsoft xbox 360 been a good deal more interest from institutional investors, the VC community is really picking it up now so a lot of tech investors are taking part in Bitcoin and putting money directly into Bitcoin. That's also fueling the price increase. Some investors 're looking at it seriously.
If you receive access to European or and Asian odds comparison services, then you'd noticed that especially with Asian bookies, they have almost your online betting lines and odds. Even live betting odds and lines are almost exactly the same with all Asian bookies crypto currency .
JK: I said I wouldn't back again into it unless we the technical side taken care of, the legal side and also the money behind it. We hired 7 lawyers to address the legal side, and convinced Miron Cuperman who worked on PCI compliance at Google, to join as the CTO. He was a quite big fan of Bitcoin and he's working for the people full time now, he's pretty wonderful. Having him really convinced me it was worth assigning. We also raised 400, 000 in seed money and right now most men and women are failing to take a salary, so we're working hard on it.
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JK: As it evolves and it becomes more real, you'll see more competition, nonetheless got a lot of support when there were problems last year, I made a great deal of great friends like Charlie Shrem from BitInstant. Currently it's true that some people hate each other, but we all for you to see it nicely. When something bad happens can make the whole place look bad, to ensure that reflects on every us.
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