Dec 23
The digital currency known as Bitcoin has taken part in a newscast in which a fellow by the name of Matt Miller is robbed wirelessly, on live television. Of course … Continue reading
Dec 23
This past Friday, Bloomberg TV anchor Matt Miller took an on-air opportunity to give the gift of Bitcoin to two of his fellow anchors during his "12 Days of Bitcoin" segment. And in a beautiful twist of karmic justice, punishment for running such an absurd segment in the first place, every last digitally invested cent was stolen immediately.
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Dec 21
Overstock.com CEO Patrick Byrne made waves in the imaginary money world when he announced the retailer will start accepting payment in bitcoin sometime next year. In interviews, Byrne made his confidence in the cryptocurrency seem rock-solid. But if you look a little closer, it seems he’s not really buying in at all.
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Dec 21
Overstock.com is planning to start accepting Bitcoin on its website as payment sometime in the second half of 2014. The news comes by way of newsBTC, which interviewed Overstock CEO … Continue reading
Dec 20
Jeff Garzik is a dreamer. You know, the kind of guy who probably thought that he could fly with his red cape when he was younger. (Note: As a toddler, I unsuccessfully tried to fly several times.) But now Jeff Garzik is looking higher. He’s looking to space, and he wants Bitcoin to live there.
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Dec 18
Bitcoin, the virtual currency that has made plenty of news in the past few months, whether good or bad, was supposed to be unaffected by governments of today, and yet it has not escaped the purview of selected central banks and financial regulators. Those who have invested in the virtual currency are finding out otherwise (and most of the latecomers to their chagrin I suppose), that the price of Bitcoin has dropped dramatically earlier today after China’s largest exchange for the virtual currency claimed that it would no longer accept deposits in their local currency, which is the Chinese yuan.
This bit of news saw Bitcoin shed off more than half of its value since the end-November highs of more than $1,100, where it was traded as low as $422.50 earlier in the day. The exchange had to “temporarily stop its yuan account recharging functions,” and according to Tyler Moore, a Southern Methodist University assistant professor in computer science who has studied Bitcoin, said, “Bitcoin is inherently volatile, but the decision by this large exchange has played a role. Stopping new deposits prevents new Chinese investors from piling more yuan into Bitcoin, eliminating some of the demand.” Does this mean that going for gold is always the best and most secure investment?
Bitcoin Value Tumbles After Chinese Government Crackdown original content from Ubergizmo. 
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Dec 18
The Bitcoin is a virtual currency that traditionally has a very high value in the form of currency in the real world. Bitcoin has had a bad week with Norway … Continue reading
Dec 17
In November this year, Bitcoin’s significant rise in value, soaring past the $1,000 mark, has certainly got plenty of people talking about it, with some hoax sites coming up that caused some Mac users to reformat their machines out of greed and ignorance. Well, being a cryptocurrency itself, it goes without saying that this is one category of items that are all set to be hot in the years to come ahead. Dogecoin could be one of them, although at this point in time, it does seem to line up to be more of a satirical dig at cryptocurrency than anything else, despite being valued at $0.00025 right now.
Cryptocurrencies will continue to be volatile, and the price would correspond with only what ordinary folks are willing to fork out. After all, the number of coins which can be mined are finite, which means it is expected that they will continue to grow in their value. Governments are not making life easy for cryptocurrencies though, as they have posed limitations and bans on financial institutions as well as their involvement with Bitcoin transactions, making the future extremely uncertain. No idea on what will eventually happen to Dogecoins, but there is a cap of 100 billion Dogecoins, which means each Dogecoin would be worth a whole lot less than (the 21 million capped) Bitcoins around.
Dogecoin Is Yet Another Cryptocurrency original content from Ubergizmo. 
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Dec 16
There’s a bit more doubt in the power of Bitcoin in the world today – just a bit less significant than the major announcement of China dismissing Bitcoin, but important nonetheless: Norway has stepped out. Making clear that they’ve got no intention of (immediately) allowing Bitcoin to jump in on their economy, the government of […]
Dec 15
News stories that are really big unfold over months or years, and tackling them can take almost constant media coverage. But all of that distilled information can start to feel overwhelming in itself, and that’s where the infographic recap comes in really handy.
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