Money and Economy

Bitcoin – Free Fall?

Following the last few days/weeks, the events that unfolded, related to Mt. Gox – the oldest and most known Bitcoin Exchange in the world shutting down withdrawals, claiming it’s due to a bitcoin protocol bug and following by the resignation of Mark Karpeles, the CEO of Mt. Gox from the board of Bitcoin Foundation – …

Bitcoin Investments

Today, I will discuss the rampant field of bitcoin and bitcoin-related investments. Bitcoin is still considered as a high-risk (and possibly also high reward) investment venue by itself – as in buying bitcoin as an investment. However, there are also other options of which, I will review a few here: 1. BTCJam – a lending/borrowing …

Bitcoin Bits

Some Bitcoin related fresh news: Bitcoin Drives AMD and TSMC sales upwards (by Bloomberg.com) TSMC (Taiwan Semiconductor Manufacturing Co.), and AMD ( Advanced Micro Devices Inc.) Are seeing a great rise in their sales thanks to Bitcoin (and other crypto coins such as Litecoin) mining rigs – which uses their chips either in standard PC form with …

Bitcoin Tips

Bitcoin is rising again, this time circling the 700$ USD figure. More and more people find the digital currency increasingly interesting as it becomes more widely discussed in the popular media. But how do you get some? You can buy some from online merchants by searching “bitcoin”, “buy”, “sell”, and the currency of the country …

Bitcoin Rockets, Courtesy of China

Bitcoin took a hit when the notorious “Silk Road” underground black market closed recently. The coin dived to a value of 109 USD from over 140 USD per bitcoin. Some said it’s the demise of bitcoin as it was always linked to underground shady activities – being relatively anonymous and offering some level of security, …