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Things worth reading: 7th March 2014

Things we're reading today include … Bitcoin news: Man called Bitcoin's father denies ties, leads LA car chase Creator of Bitcoin 'found' in US Bitcoin not a currency says Japan Police investigating 'unnatural' death of Bitcoin exchange chief Autumn Radtke Other news: FCA outlines crowdfunding rules Crowdfunding rule angers industry …

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Things worth reading: 7th March 2014

Things we're reading today include … Bitcoin news: Man called Bitcoin's father denies ties, leads LA car chase Creator of Bitcoin 'found' in US Bitcoin not a currency says Japan Police investigating 'unnatural' death of Bitcoin exchange chief Autumn Radtke Other news: FCA outlines crowdfunding rules Crowdfunding rule angers industry …

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What can you buy with a bitcoin?

MIT bitcoin part

Everyone thinks bitcoins are worth buying as they keep going up in value.  From $2 in October 2011 to $20 in January 2013 to $266 in April to $100 in May to $1300 in December to anywhere between $250 and $600 today, dependent upon where you trade them. In other …

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Bitcoin: all hype and bluster or a brave new world

The biggest question about Bitcoin is whether it’s really important or just a bubble that’s about to burst. Advocates would obviously claim the former and critics the latter, and both have some substance. On the advocate’s side, the economy is in its early days and, like any new form of …

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Bitcoin: all hype and bluster or a brave new world

The biggest question about Bitcoin is whether it’s really important or just a bubble that’s about to burst. Advocates would obviously claim the former and critics the latter, and both have some substance. On the advocate’s side, the economy is in its early days and, like any new form of …

Read More »

What is this thing called Bitcoin?

Bitcion market cap

Some of us know the numbers. If you’d invested $1,000 in Bitcoins in summer 2011, you would be sitting on around $500,000 today. That’s because we didn’t invest $1,000 in summer 2011. Nevertheless, some of us did invest $1,000 in summer 2013 and by December, that investment is worth $10,000. …

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What is this thing called Bitcoin?

Bitcion market cap

Some of us know the numbers. If you’d invested $1,000 in Bitcoins in summer 2011, you would be sitting on around $500,000 today. That’s because we didn’t invest $1,000 in summer 2011. Nevertheless, some of us did invest $1,000 in summer 2013 and by December, that investment is worth $10,000. …

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The relationship between Bitcoin and Mount Everest

We were talking about Bitcoin yesterday at the Financial Services Club Vienna, and there was a great dialogue about the difficulties of buying and then using Bitcoins. I’ll talk more about the practicalities and details of that conversation later this week, but one thing did occur to me: Bitcoin, or …

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The challenge of being a Bitcoin trader

I spotted a blog entry by Tom Gullen this week regarding the challenges of being a Bitcoin company in the UK.  It is interesting, as I have heard the same issues with several other Bitcoin companies in Britain so I asked Tom if he'd mind me reproducing his blog entry …

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