Bitcoin on yahoo and google finance

More mainstream adoption! A Yahoo spokesperson told CoinDesk that move was driven by the site’s users, many of whom had requested the addition of the feature: “We’ve added bitcoin to Yahoo Finance because it’s something our users are interested in – adoption of bitcoin is becoming more commonplace, and we feel it is relevant to our industry and to our users.” Along with the latest price, Yahoo! also lists opening/closing prices and ranges, plus an index of bitcoin-related news items. Other commenters have wondered what source Yahoo! Finance…
Continue Reading »

15 year old bought $1000 of bitcoin, became $100,000, Started Startup

Bitcoin does look to be the internet all over again, changing the way we do things "Some people can't comprehend how a 15-year-old could do something like this," Finman told Mashable. "What a lot of people don’t understand, young or old, is that you can create anything you want with no barrier to entry on the Internet." When Erik Finman received $1,000 from his grandmother in 2012, he invested it in bitcoin, the then-obscure form of online currency. A year and a half later, he sold his investment…
Continue Reading »

What gives bitcoin value: Xuqa

I don’t think that’s accurate. Government doesn’t give a currency value. A government can tax all it wants, but if there is unlimited currency to go around, it will never be worth anything. A government can force everyone to use dollars, but if they are unlimited, why do you need to work to get them? What makes dollars valuable is not that you pay your taxes in them (as Krugman states), but that there is a very limited amount to go around. I was once running a social gaming…
Continue Reading »

Jim Rogers on Bitcoin

Towards the end Q: Have you invested in virtual currencies like Bitcoin? A: No, I never learned enough about it. If I were smart, I would have bought it in the early days when people first told me about it. I still don't know enough about it to invest in it. Q: Do you have no interest in Bitcoin, or because there are so many things to invest in and there is no need to look at it? A: There have always been plenty of great investments around…
Continue Reading »

Marc Faber: Bitcoin has its merits since you may not be able to carry gold across border (but picks gold: Squawkonomics)

Epic scoop by squawkonomics on Marc Faber's take on bitcoins and gold (Marc Faber is from gloom and doom report fame, or Dr Doom) Squawkonomics was in Thailand at Marc Faber's office to conduct the interviews as well as a few others (they were previous with imaginary markets here in Singapore)  
Continue Reading »

NYT: Bitcoin and the fictions of money

Thinking about money, is something that bitcoin has made many do The world moves fast ;_type=blogs&_r=0 How should we think about a currency like Bitcoin? The first thing to remember is this: Money is a sort of collective fiction. What money we choose to trust says much about how we see the world. Above the simplest exchanges, most money has limited use. Gold, the most common historical currency, is almost only good for adornment. To its fans, gold’s uselessness is a value in itself; since the stock of…
Continue Reading »

Zerohedge Bitcoin jobs, Forbes 30 under 30

The bitcoin execution trader that has been there before The San Francisco hedge fund is hiring a "Junior" position, which suggests they already have a "senior" trader who has got tired of trading the digital currency 24 hours a day and is looking to offload the 24x7x365 duties to a lower-level employee with "strong analytic skills" and who is "willing to work odd hours including weekends and late nights/early mornings." Fred Ehrsam, 25, Cofounder, Coinbase As Bitcoin gradually becomes a mainstream phenomenon, Coinbase is trying to make it…
Continue Reading »
Litecoin: LLnSyo8rqbJng11b3whVUXSr6nWMtmT1zU
Bitcoin: 158MikZVM8yQviLcvxu1aahTysSxDUaePr