01 Apr '13, 9pm

Bitcoin value surpasses $100 -- is this another bubble? by @seanludwig

Bitcoin value surpasses $100 -- is this another bubble? by @seanludwig

The value of a single Bitcoin surpassed $100 today , a huge milestone for the virtual currency. But with its crazy rise in the past few months, it’s time to start seriously wondering if Bitcoin is in a bubble. Bitcoin is a virtual, decentralized currency that no government or central bank controls. As of this report, a single Bitcoin is trading at $104.50 on Mt. Gox , the largest Bitcoin exchange. In January, the currency was trading at $15 a pop. The currency’s rise has been bolstered by several major announcements in the past six months by large companies. One of the biggest announcements was that Mt. Gox struck a deal to let Seattle startup CoinLab handle its U.S. operations to give Bitcoin a larger foothold with institutional and wealthy investors. On top of that, news-sharing site Reddit started accepting Bitcoin as payment, and the Internet Archive began accepting Bi...

Full article: http://venturebeat.com/2013/04/01/bitcoin-value-above-100...

Tweets

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mukpin.com 02 Apr '13, 3pm

at the end of february, bitcoins hit an all-time trading high of just over $33. that suddenly looks like chump change, wit...

100%

cleanhotdry.com 03 Apr '13, 12am

130, huh? At my coffee shop, we steam our drinks to 150, BUT we have “Starbucks” sizes. Like what ya.wei said, there is th...

Explained: Bitcoin and its dramatic plunge in v...

thenextweb.com 03 Apr '13, 10pm

Regardless of your views of the Bitcoin currency, it’s become large enough and in enough market flux at the moment that we...

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Bitcoin Holds More Value Than the Entire Curren...

reason.com 01 Apr '13, 7pm

Credit: TraderTim / Foter.com / CC BY-SA As was noted earlier on Reason 24/7 , Bitcoin now holds more value than the entir...

Links 31 March: Is Bitcoin Doing Well Or Is It ...

forbes.com 31 Mar '13, 4pm

I’d go along with that too. Look around at the currency stocks in other currencies. Then have a look at the economic activ...

The Bitcoin Bubble and the Future of Currency

The Bitcoin Bubble and the Future of Currency

medium.com 03 Apr '13, 1pm

Investments that are denominated in a given currency include money-market funds, bonds, mortgages, bank deposits, and othe...

Explained: Bitcoin and its dramatic plunge in v...

thenextweb.com 03 Apr '13, 10pm

Regardless of your views of the Bitcoin currency, it’s become large enough and in enough market flux at the moment that we...

Why Bitcoin is a Bubble via @thedailybeast

Why Bitcoin is a Bubble via @thedailybeast

thedailybeast.com 10 Apr '13, 7pm

Look at tax havens, which are starting to cave under pressure from countries with stricter banking laws. This has been a b...