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Bitcoin is back in the news, as some moves cause the value to rise again in November to over 400 USD.(http://www.coindesk.com/price/) Speculations on different causes exploded in the bitcoin and financial communities, and of course the bitcoin demise profeets made a Continue reading Bitcoin state of mind
Bitcoin had a rocky start, But since it took off nearly 6 years ago (3 January 2009), It always stayed on course of a single direction over time and obstacles: Upwards. It got a lot of bad reputation due to its use Continue reading Why Bitcoin is only headed up
Bitcoin being outlawed is not a new thing. The new-ish digital currency had many bumps on the road since it’s inception back in 2009. One of the first that actually outlawed it, was Iceland which used an existing legislation made Continue reading Bitcoin Outlawed
As you may know, I’ve been doubling with HYIP Websites for the last few months. Just as the name implies, these are risky programs and are close neighbors (for the most if not the whole part) of the Ponzi Scheme. Continue reading HYIP dry/crash season
On the regulation front, Wallstreet Journal reports that France is planning to implement new rules for financial institutions (like banks, investment houses, money exchanges, and any other possible bitcoin distributor) that will force them to collect and verify the identities Continue reading Drops and Bits of Bitcoin