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Bitcoin investors party like it's 1999 - The Globe and Mail

The Globe and Mail: Over the past few years, bitcoin – a decentralized digital currency invented to subvert traditional finance in the wake of the 2008 global financial crisis – has gone from a libertarian plaything used to buy drugs anonymously on the internet to an ...and more ...

The lives of bitcoin miners digging for digital gold in Inner Mongolia - Quartz

Quartz: A decade ago, after a speculative coal boom fizzled, the once-thriving desert city of Ordos, in Inner Mongolia, became ... largest ghost town, littered with unfinished or empty buildings and desperate for another way to make money. Blessed like ...and more ...

Bitcoin Cash Price Rises $250 After Major Dip - The Merkle

The Merkle: More specifically, Bitcoin Cash has thrown a lot of people for a loop, which is not entirely surprising. With the Bitcoin Cash price spiking to US$2,500+ last week and dropping to under US$875 about a week later, it is very difficult to make sense of ...and more ...

RBI Warning On Bitcoin Is A Bit Of A Joke; Cryptos Are Here To Stay And We Need To Deal With Them - Swarajya

Swarajya: In less than two weeks, it has shot all the way from under $10,000 to over $17,000, which puts it on a par with Tulipmania. However, the sheer size of cryptocurrencies issued and their current valuations suggest that they cannot be dismissed as mere ...and more ...

Goldman Sachs Explores a New World: Trading Bitcoin - Wall Street Journal

Wall Street Journal: ... operation dedicated to bitcoin and other digital currencies, the first blue-chip Wall Street firm preparing to deal directly in this burgeoning yet controversial market, according to people familiar with the matter. ... effort is in its early ...

Analyzing Ether: A Bitcoin Investor's Skeptical Take - CoinDesk

CoinDesk: Bitcoin started off with a valuation of approximately zero. It took 4–5 years of proving itself, building trust and adoption for it to grow by dozens of thousands of percent, and only then reach the market cap of a typical ICO launch today. So, a new ...and more ...

Bitcoin soars towards $US10,000 milestone - NEWS.com.au

NEWS.com.au: ... where you really start to see the institutional money start coming in,” he said. ... one of the rare asset classes where you see retail money hit the market first. Other times institutional investors start off, retail comes too late.” But ...and more ...

Is bitcoin a speculative bubble? - INTHEBLACK

INTHEBLACK: Wild gyrations in the price of bitcoin have some experts calling the market a bubble. In the 17th century economic powerhouse of the Dutch Republic, a national obsession with tulips grew into a frenetic trade that became “tulip mania”. The cost of a ...and more ...

Bitcoin Is Terrible for the Environment - Mother Jones

Mother Jones: “If people use it as a currency, it will lose value as an investment.” No one may be using Bitcoin, but ... all paying for them. Bitcoin analyst Alex de Vries, otherwise known as the Digiconomist, reports that the ... surge caused its estimated ...

Bitcoin's future – Money changes everything - Brave New Coin

Brave New Coin: Segwit2x fans and those who want bitcoin to become a fully regulated part of the financial sector, leveraged by financial institutions, payment processors, remittance companies and investment managers. In this camp and pushing hard for legitimacy are ...


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