09 Apr '13, 1pm

Building a Better Bitcoin

Well, it's worth whatever somebody will pay for a unit of the online currency, which as I write this is $209, up from $142 last Friday, $44 a month ago, and $4.93 a year ago. This huge run-up — the latest spike began with EU's botched rescue of Cyprus's banks — has led to much talk of a bitcoin bubble . The word "bubble" has been greatly overused in recent years. My understanding is that you're in a bubble when the price of an asset becomes completely detached from its intrinsic value. It's a bubble when the price you pay for share of stock cannot conceivably be recouped from the earnings of the company (this was Cisco in 2000 ) or the price you pay for house cannot conceivably be recouped from rental earnings (this was Phoenix in 2005 ). The only way you can avoid losing money on your investment is for a greater fool to come along — in the case of real estate, a greater f...

Full article: http://blogs.hbr.org/fox/2013/04/building-a-better-bitcoi...

Tweets

Few spaces left: Building Better course provide...

ukgbc.org 08 Apr '13, 10am

Driving sustainable construction This one-day accredited course will provide an overview of the key principles and drivers...

Remember this?: Who Did It Better?

handbagdujour.com 16 Apr '13, 7pm

Weekly Shopping and Goodies 3/2/2011 | A Few Goody Gumdrops on Joanna Maxham’s Dew Drop Hobo exudes effortless and carefre...

Bitcoin vs. Big Government

reason.com 09 Apr '13, 8pm

Bitcoin is revolutionary because it solves the double-spending problem without employing an intermediary; there is only th...

Bitcoin Has Surged Another 15% Just Since The Last Time We Mentioned It

Bitcoin Has Surged Another 15% Just Since The L...

businessinsider.com 09 Apr '13, 5pm

HAMPTONS BROKER: Two Wall Streeters Tried To Screw Us Out Of Commissions By Secretly Dropping These Handwritten Notes HAMP...

The bitcoin bubble: Why speculative bitcoin buy-ins now point to a disastrous bitcoin crash

The bitcoin bubble: Why speculative bitcoin buy...

infowars.com 09 Apr '13, 11am

Of course BitCoin is volatile! The frenzied trading in it drives prices up and down. The important thing is that the irres...

Six Things That Could Cause Bitcoin Prices To Crash

Six Things That Could Cause Bitcoin Prices To C...

businessinsider.com 10 Apr '13, 2pm

A sating of demand. At some point, everyone who could ever learn about or use Bitcoin will know about it, and many of them...

Bitcoin Is A Disruptive Technology

forbes.com 10 Apr '13, 3am

A financial network is a technological platform that people build businesses on top of. And the traditional banking and cr...

Better Home Efficiency: The Devil is in the Det...

homeenergy.org 09 Apr '13, 3pm

When doing energy audits, do you tell your clients that 75% of appliance energy occurs when the appliance is turned off? I...

The Man Who Gave His Life To Bitcoin

buzzfeed.com 09 Apr '13, 10pm

Erik Vorhees is what you might call a true Bitcoin believer: he is almost entirely invested in the currency, works at a Bi...

The Real Significance of the Bitcoin Boom (and ...

business.time.com 12 Apr '13, 9am

I find it interesting that there are a few people who actually rail against bitcoin. After further research you learn they...

Bitcoin Is Already Making A Big Comeback

Bitcoin Is Already Making A Big Comeback

businessinsider.com 10 Apr '13, 9pm

At midnight, Bitcoin was trading around $234. By 8:30 AM ET, the virtual currency had surged to an intraday high of $266 –...

bitcoin

bitcoin

pandodaily.com 10 Apr '13, 7pm

Great, now engineers think that they are economists too By Bryan Goldberg On April 10, 2013 Several months ago, one of my ...

Kicking yourself for not getting on the Bitcoin boom? You might have had a lucky escape

Kicking yourself for not getting on the Bitcoin...

newscientist.com 09 Apr '13, 2pm

(Image: Casascius/Wikicommons) Online currency Bitcoin hit yet another record high today as it smashed through the $200 ba...