Tagged: bitcoin

mt.gox robbery victim proof

Massive Bitcoin Exchanged Robbed and Destroyed – What Next?

Today we learned that Mt.Gox, one of the biggest bitcoin exchanges in the world, has gone dark. Strong rumors support the idea that Mt.Gox was robbed of 744,000 customer Bitcoins, worth some $300 million, and worth nearly a billion dollars a few months ago. Mt.Gox users have taken to the web to bemoan their lost millions (people actually lost millions of dollars), but Mt.Gox...

coin credit card holder bitcoin

Our 5 Top Technologies for 2014 (The Groundbreaker List)

2013, I’m done with you. It’s not that I don’t like you, but you’ve lost your zeal, and 2014 has taken it. Why? Because these 5 technologies are going to make 2014 an awesome year for not just us nerds, but for people around the globe. This is our list of predictions for for 2014. P.S – to our over 2,000 email Subscribers, I...

Peter Thiel on Bitcoin

Exclusive: Peter Thiel on Bitcoin

At a conference this past weekend, Paypal Founder, and notable venture capitalist Peter Thiel weighed in on Bitcoin, the risks, and its potential impact on society. Seeing as digital currency is just about as futuristic as it gets, I thought his answer would be a fascinating addition to this blog, so I transcribed it below.. Below is the transcript of his thoughts on Bitcoin....

How the BitCoin Crash is the Opposite of Modern?

Today’s post is written by guest author, Simon Burns. Over the course of the 1630’s, tulips grew in value for no apparent reason. The resulting “tulipmania” built prices up to 10 times the salary of a skilled worker or several thousand times their original trading price. This exponential run was much more to do with the perceived investment value of tulips than the market...