09 Apr '13, 8pm

@hblodget

@hblodget

As Bitcoin prices charge ever higher, the same people who were dismissing Bitcoin as a "bubble" at $35 six weeks ago are now huffing about it being even more of a "bubble" at $235. And maybe they're right. Maybe, someday, Bitcoin prices will collapse 99.9%, impoverishing everyone who owns them. But in the meantime ... Those who are trading Bitcoins — and, more importantly, owning Bitcoins — are making money hand over fist. And here's what the latter folks understand that the those who are huffing about "Bitcoin bubbles" don't: The most you can lose if Bitcoins go to zero is 100% of your money. The most you can make, meanwhile ... Well, no one knows exactly how much you can make. But it's probably a lot more than 100%. Those who bought Bitcoins in early March, for example, have now made 7X their money — a return of nearly 600%. That's a pretty nice return. And it's a return...

Full article: http://www.businessinsider.com/why-bitcoin-speculators-la...

Tweets

Nobody Knows If Bitcoin Is A Bubble: It has bec...

forbes.com 10 Apr '13, 4pm

It has become almost obligatory for mainstream journalists writing about Bitcoin to describe the currency’s current value ...

video

vimeo.com 08 Apr '13, 11am

A short video looking at 'Bitcoin', a decentralised digital currency. Directed, Designed and Animated by Duncan Elms - dun...

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...

Bitcoin

Bitcoin

businessinsider.com 10 Apr '13, 6pm

It's shaping up to be a pretty ugly day for Bitcoin. After soaring past $250 earlier , it's tumbled all the way down to cu...

Bitcoin

Bitcoin

businessinsider.com 10 Apr '13, 5pm

It's shaping up to be a pretty ugly day for Bitcoin. After soaring past $250 earlier , it's tumbled all the way down to cu...

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...

Guest Post: Bitcoin: Money Of The Future Or Old...

zerohedge.com 09 Apr '13, 10pm

After the music-sharing service Napster went under, Niklas Zennström (the creator of Skype) stepped in with his creation c...

Bitcoin: Money of the Future or Old-Fashioned Bubble?

Bitcoin: Money of the Future or Old-Fashioned B...

mises.org 09 Apr '13, 1am

After the music-sharing service Napster went under, Niklas Zennström (the creator of Skype) stepped in with his creation c...

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

slate.com 09 Apr '13, 9pm

Bitcoin is a “digital currency” invented in 2009 by a cryptographic expert who went by the pseudonym Satoshi Nakamoto, but...

BITCOIN $250

BITCOIN $250

businessinsider.com 10 Apr '13, 11am

IT'S OFFICIAL: One Of Liberals' Worst Fears About Obama Came True IT'S OFFICIAL: One Of Liberals' Worst Fears About Obama ...

Bitcoin

Bitcoinity.org 10 Apr '13, 11am

The Bullet Bubble: Is Ammo The Next Bitcoin, Or Gold In The 1970s?

The Bullet Bubble: Is Ammo The Next Bitcoin, Or...

forbes.com 09 Apr '13, 1pm

Like gold and canned mackerel, bullets are used for purposes other than storing value, but they also could be vulnerable t...

Bitcoin, Explained

Bitcoin, Explained

motherjones.com 10 Apr '13, 10am

Bitcoins provide a certain amount of anonymity for users, because the accounts are just numbers and not necessarily linked...