Despite the negative publicity that bitcoin has garnered so far this year, one early backer of the digital currency and prolific technology professional is planning to invest millions of dollars more into the virtual currency. It was reported by the Wall Street Journal this weekend … [Read more...]
Mt. Gox is not bitcoin: mainstream media outlets call Armageddon for bitcoin
If anyone outside of the bitcoin community would have listened to various mainstream media outlets this week, one would think that the virtual currency market has imploded, investors have lost their entire net wealth a la 1929’s Black Tuesday and critics have been proven correct. This … [Read more...]
Marc Andreessen gloats on Twitter as bitcoin swiftly rises in value after Mt. Gox debacle
After the potential insolvency of Mt. Gox, one of the world’s biggest bitcoin exchange platforms, many have speculated that this could very well be the end of the digital currency. However, a collapse doesn't appear to be in sight because bitcoin has risen from around $400 to as high … [Read more...]
