Investopedia (blog):
At 13:44 UTC, a single bitcoin cost $11,859.52, a new record high. By 14:25 UTC Tuesday, it was down to $11,796.02, still a 1.54% increase in the last 24 hours as governments and regulatory institutions around the world continued commentary about the ...and more ... The INQUIRER:
Mining Bitcoin takes time and processing power and there are no shortcuts. So it stands to reason that it will keep gaining value unless it is deliberately devalued by subdividing it, which presents more problems than it solves, so expect it to keep on ...and more ... Minneapolis Star Tribune:
Bitcoin enthusiasts seem to be buying them and burying the key in a Folgers can in the backyard for the same reason grandpa bought gold coins and buried them. Someone should maybe think to ask grandpa how well owning gold worked out in the long term ... Bloomberg:
To the question of why an intangible currency of recent origin should surpass the value of the most tangible and durable of currencies, I guess the only answer is, why not? Well, I guess one other answer is that ... supply is limited. Only 21 ... The Market Mogul:
It is nigh on impossible to observe financial news without hearing about the rise of cryptocurrencies, particularly Bitcoin, which recently surpassed the $15,000 mark and is continuously setting new all-time highs. As a record number of people are ... Fortune:
Now Brito was on the cusp of realizing two long-held dreams. Even as his wife went into labor a few days after Thanksgiving, Bitcoin was taking off as well. Worth $950 at the start of the year, its price breached $9,000 while Brito waited in the ... Inquirer.net:
You can take your pick from among a variety of moonshot predictions, which are all over the map. Forecasts of US$50,000 to US$100,000 by the end of next year are commonplace among many bitcoin trackers. In its list of 10 outrageous predictions for 2018 ...and more ... Digital Trends:
“I ... say if ... a bubble or not, but there is a huge rush towards it. The market is very bullish right now,” he said. “Corrections always can happen, but this is not hype any more. We think this is a fundamental change to the economy, and ...and more ... Huffington Post Canada:
Prominent financial experts such as Morgan ... former chief economist, Stephen Roach, and Goldman Sachs CEO Lloyd Blankfein have warned that bitcoin is a big, fat ugly bubble. But not everyone sees it that way. The true believers say bitcoin can ... Barron's:
In my November column, I suggested $1,200 was the number. If you think this matches the trajectory of the Dutch Tulip Bulb bubble and crash of 400 years ago, you may be right. For now, I do not want to tell the market where it needs to go. The signs ...
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