Bayside Corporation (BYSD)

[General Ripper]

**2015 BITCOIN OUTLOOK** Clues of BYSD B/O?**>>.. Link details provides info we know but has a lot of in-depth projections for the year ahead and beyond. There's also "read between the lines" info as well. Therefore, I wanted to get this out so the MANIACS have something to pick apart.. There's an interesting line referring to COINBASE as the first exchange who will be offering insurance to its members.

QUOTE:
Another criticism of bitcoin has been security: in January, the Slovenian exchange Bitstamp was hacked to the tune of $5m and followed the $400m hack of Tokyo bitcoin exchange Mt Gox in 2011. But help is on the way: the announcement this month of an insured bitcoin exchange from Coinbase (which raised $75m last month, the largest investment round yet in a bitcoin company), has been hailed as a major step for the space. It’s a sign of good faith, says Jerry Brito, to see investments, “not only from crazy futurists like Marc Andreessen, but from the NYSE and USAA, places that are super conservative. Now we’ll start to see institutional investors, and hedge funds.”

Maniacs, this news has ROOTS!! I interpret as most, to be conventional insurance in the event of any future breaches or hacks. However, if Coinbase has raised $75 million in just one month and growing, It makes me wonder if a big chunk of those funds wouldn't be applied to Hedge insurance with Security Backup through a BUYOUT of BYSD and Vault 51 Cold Storage Concept... Its seems pretty clear that Coinbase is preparing it's expansion plans by offering the 1st insured bitcoin exchange to existing and new customers alike. This fund raising stuff offers plenty of speculation on what their insurance protection plan will actually consist of.. Meantime, Coinbase talk of INSURED ACCOUNTS, INSTITUTIONAL INVESTORS, and HEDGE FUNDS, could fetch higher PPS for BYSD on the rumors landscape alone.. Dig and keep an eye out for this possibly monumental transformation..


http://www.theguardian.com/technology/2015/feb/03/bitcoin-2015-make-or-break-year