03 Apr '13, 2pm

#Europe ▪ Bitcoin Showing ‘Aggressive Bubble’ Behavior: SocGen: Online currency bitcoin has surged in value si...

#Europe ▪ Bitcoin Showing ‘Aggressive Bubble’ Behavior: SocGen: Online currency bitcoin has surged in value si...

Online currency bitcoin has surged in value since the Cyprus bailout saga sparked global interest in alternatives. The currency surged over 360 percent in the past month, but one currency analyst is warning of its unstable nature. Bitcoin is a virtual currency allowing users to exchange online credits for goods and services. There are currently 10 million Bitcoins in circulation but the currency is capped at 21 million coins. While there is no central bank that issues them, new bitcoins can be created online by using a computer to complete difficult tasks, a process known as mining. Bitcoins effectively bypass conventional banks, but they haven't escaped attention in the financial community with analysts at Societe Generale addressing the subject in a note to clients after a deluge of requests from as far afield as India. Sebastien Galy, senior currency strategist at the b...

Full article: http://www.cnbc.com/id/100613010

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ft.com 03 Apr '13, 7pm

Business Education Business Education All Rankings MBA MBA Blog Masters in Management Executive MBA Executive Education Fe...

Why Bitcoin Is Like No Other Bubble We've Seen ...

businessinsider.com 03 Apr '13, 8am

It's hard for any rational human to look at this chart, and not conclude that Bitcoin is on an utterly parabolic rise, fue...

WALL STREET CURRENCY ANALYST: One Hour Ago, I H...

businessinsider.com 02 Apr '13, 11am

SocGen currency analyst Sebastien Galy has just received his first request for analysis on Bitcoin, the red-hot digital cu...

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...

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...

As Bitcoin prices surge, worries about a speculative bubble mount: Prices of virtual currency Bitcoin have bee...

As Bitcoin prices surge, worries about a specul...

news.yahoo.com 03 Apr '13, 3am

Bitcoin have been absolutely surging lately but one analyst thinks such a rapid rise is more indicative of a bubble than a...

Bitcoin: the new gold or a giant bubble?

Bitcoin: the new gold or a giant bubble?

telegraph.co.uk 06 Apr '13, 5am

Doesn't this make it worthless? Bitcoin's creators realise that, for anything to be valuable, it has to have some scarcity...

Bitcoins are a bubble

buzz.money.cnn.com 05 Apr '13, 10am

First there was Tulip Mania. Then there was the dotcom craze. And let's not forget the run-up in housing prices. The newes...

Confused about Bitcoin? It's 'the Harlem Shake ...

guardian.co.uk 03 Apr '13, 9pm

An obscure digital currency – used mostly for running drugs and laundering money for dictators – suffered a sudden crash o...

ANALYST: All Of My Clients Think There's A Bitcoin Bubble, But A 'Perfect Storm' Is Causing Prices To Surge

ANALYST: All Of My Clients Think There's A Bitc...

businessinsider.com 01 Apr '13, 7pm

flickr/Peter Taylor It's probably fair to say that the big rise in Bitcoin this year has caught many by surprise. Today, t...

'Bitcoin is clearly a bubble'

telegraph.co.uk 05 Apr '13, 8pm

That is why gold has been so much in demand during the financial crisis – and popular with shrewd sceptics in the years be...

Bitcoin surges past $100, gains Expensify support: Digital currency Bitcoin has had an exciting few years si...

Bitcoin surges past $100, gains Expensify suppo...

pcworld.com 01 Apr '13, 8pm

Digital currency Bitcoin has had an exciting few years since its introduction back in 2009, complete with security problem...

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

Bitcoin value surpasses $100 -- is this another...

venturebeat.com 01 Apr '13, 9pm

The value of a single Bitcoin surpassed $100 today , a huge milestone for the virtual currency. But with its crazy rise in...

Bitcoin Hacked: Price Stumbles After Buying Frenzy

cnbc.com 04 Apr '13, 10am

Online currency bitcoin had 20 percent knocked off its price overnight on Thursday as one of its major exchanges became th...

Bitcoin currency value reaches record high of $...

guardian.co.uk 03 Apr '13, 7pm

The value of individual Bitcoins has hit a record high of almost $147 as interest in the cryptographic currency, which has...