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Bitcoin is a lot like Bangladesh when it comes to investing
Posted on Sunday October 22, 2017

People climb to board an overcrowded passenger train as they travel home to celebrate Eid al-Fitr festival, which marks the end of the Muslim holy fasting month of Ramadan, at a railway station in Dhaka, Bangladesh. Reuters/Adnan Abidi Bangladesh’s ...

Technology Will Kill Bitcoin
Posted on Saturday October 21, 2017

Big governments and big banks will crush Bitcoin, but they won’t kill it. The technology that created Bitcoin will do it, one day. Investors chasing after Bitcoin as its price trades close to $6000, hoping that they will find other investors to sell at ...

Bitcoin heading over $10,000 in six to 10 months, former Fortress hedge fund manager says
Posted on Saturday October 21, 2017

Bitcoin has surged this year, up to $4874 on Tuesday, and Michael Novogratz sees it heading over $10,000. Novogratz is starting a $500 million fund to invest in cryptocurrencies, initial coin offerings and related companies. Although he says digital ...

This Chart Shows Why Bitcoin Can Go Higher Than $6,000
Posted on Saturday October 21, 2017

If you thought you missed your chance to buy Bitcoin when the price broke $6,000 for the first time Friday, there’s one argument that might convince you otherwise. Historically, of course, legendary investors such as Warren Buffett have advised against ...

Captains of Finance Dismiss Bitcoin at Their Peril
Posted on Saturday October 21, 2017

The financial industry today looks stable and boring, with a few megabanks ever-more entrenched and markets that may not offer the same risks and rewards as before the 2008-2009 financial crisis but which remain highly profitable for incumbents. That ...

Bitcoin soars to record high above $6,000
Posted on Friday October 20, 2017

NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew ...

Bitcoin Breather? Higher Price Push Still Possible on Search Demand
Posted on Friday October 20, 2017

The price of bitcoin may have hit a new all-time high above $6,000 today, but it's already showing signs it may be primed to push higher. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,950, down slightly from the day's high ...

Bitcoin Breaches $6,000 for the First Time
Posted on Friday October 20, 2017

Bitcoin soared to another milestone Friday, as the digital currency breached $6,000 for the first time to put its gain in 2017 to more than 500 percent. As bitcoin continues climbing, Twitter users are speculating that the rise could be driven by ...

Venezuelans use bitcoin 'mining' to escape inflation
Posted on Saturday October 21, 2017

Caracas (AFP) - Inside a locked room in an office building in Caracas, 20 humming computers use their data-crunching power to mine bitcoins, an increasingly popular tool in the fight against Venezuela's hyperinflation. In warehouses, offices and homes ...

Bitcoin ICOs Return 790% In 6 Months?
Posted on Friday October 20, 2017

Existing data suggests you could have “thrown darts” at a list of ICOs and achieved an average return of 790% under six months. The craze exists because of incredibly high rates of return coupled with low regulation, and will end with legal regulations ...

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