Bitcoin to as much as $1 million? Perhaps. In the past several months, there have been many predictions as to where the digital currency is headed to in the next few years. Some say it could be worth tens of thousands of dollars, while some are making the case for six figures – of … [Read more...]
Bitcoin bubble or new all time high with malleability resolution – you be the judge
Bitcoin (BTC) has undergone a tumultuous two weeks after a few cryptocurrency exchanges reported technical malfunctions, particularly Mt. Gox. The value of bitcoin has fallen to as low $102 following a flash crash and has since steadily stayed between $600 and $650 per one bitcoin. … [Read more...]
“The Bitcoaster We’ve Grown to Love and Hate”, A Bitcoin Story
Is Bitcoin's (BTC) nosedive a case of ‘been there, done that’? The Bitcoaster we've grown to love and hate. 2013 was a bit of a rollercoaster for bitcoin. It started off the year worth only a few bucks before skyrocketing to more than $1,000 towards the end of the year. Over the … [Read more...]
Robert Shiller: “It is a bubble, there is no question about it. It’s just an amazing example of a bubble,”
To bitcoiners (BTC): be aware that not everyone in the financial establishment is jumping on the bandwagon that the cryptocurrency is a revolutionary currency or electronic payment system, including Nobel Laureate and Keynesian economist Robert Shiller, who argues bitcoin is an … [Read more...]