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libertyblitzkrieg.com / By Michael Krieger / March 6, 2014
I have very mixed feelings about the accuracy of today’s article from Newsweek regarding its claim to have discovered the identity of Bitcoin creator Satoshi Nakamoto. On the one hand, you’d think a major magazine would not make such a bold claim without extensive research and [...]
thedailysheeple.com / By Melissa Melton / March 5th, 2014
There have been a lot of dead bankers turning up lately and now a young female entrepreneur who ran the First Meta bitcoin exchange, Autumn Radtke, was found dead in her flat on February 28 in Singapore.
On the website Quora, Radtke described her company [...]
dollarvigilante.com / Justin O’Connell / March 5th, 2014
“Thus, the libertarian-minded bitcoin investors are forcefully recognizing what happens in crisis when a currency regime has no central bank as a backstop….Think of how much carnage occurred in 2008, did you lose any of your deposits? I would think bitcoin holders on mtgox [...]
libertyblitzkrieg.com / Michael Krieger / March 5, 2014
Things at Apple seem to be going from bad to worse. From the company’s recent “War on Bitcoin,” to the major security flaw impacting virtually all its hardware from iPhones to Macs, Apple hasn’t done a single decent thing since Steve Jobs died.
libertyblitzkrieg.com / By Michael Krieger / March 4, 2014
The decision by Patrick Byrne, CEO of Overstock.com, to accept Bitcoin in exchange for its products has turned out to be a very savvy business decision for the online retailer. While the pace of Bitcoin sales has dropped off significantly from the tremendous $130k recorded in [...]
therealasset.co.uk / by RESEARCH DESK / MAR 5 2014
In this interview Dr Ron Paul talks to Jan Skoyles about gold, bitcoin and the monetary system. Dr Paul is a former US Congressman and Presidential Candidate. He is highly regarded in the world of Austrian economics and discussions surrounding sound money and the monetary [...]
The Bitcoin fiasco shows the difference between fiat money, virtual money and the onlyreal money, namely gold. Mt. Gox, the Tokyo private exchange for Bitcoins, filed for bankruptcy last Friday, after the owner shut down its website. Mt Gox account holders, including Mt Gox, lost [...]
zerohedge.com / by Tyler Durden on 03/04/2014 10:24 -0500
Just six days after proudly proclaiming that it was unscathed by the Mt.Gox debacle, another Bitcoin bank -Flexcoin – has admitted that it will be forced to close after hackers stole 896 bitcoin, worth around $600,000, in an attack on Sunday. As The Guardian reports, the [...]
libertyblitzkrieg.com / Michael Krieger / March 3, 2014
Many people have been speculating all day as to why Bitcoin is up so much. The guesses have ranged from oligarchs worried about governments freezing their global bank accounts, to the UK moving away from a Bitcoin trading tax. While both those things may have played [...]
zerohedge.com / By Detlev Schlichter on 03/02/2014 19:23
Submitted by Detlev Schlichter via DetlevSchlichter.com,
The Bitcoin phenomenon has now reached the mainstream media where it met with a reception that ranged from sceptical to outright hostile. The recent volatility in the price of bitcoins and the issues surrounding Bitcoin-exchange Mt. Gox have led to additional [...]
Up until Friday, there were reports that the Mt. Gox bitcoin exchange in Tokyo was going to survive in some form. Maybe it would be bought, or the hack, if there was one, would be tracked, or perhaps it was merely a matter of accounting and any [...]
cobdencentre.org / Detlev Schlichter / 28 February 14
The Bitcoin phenomenon has now reached the mainstream media where it met with a reception that ranged from sceptical to outright hostile. The recent volatility in the price of bitcoins and the issues surrounding Bitcoin-exchange Mt. Gox have led to additional negative publicity. In my view, Bitcoin [...]
zerohedge.com / by Tyler Durden on 02/28/2014 18:52 -0500
Readers will recall that back in October, when the only way for Bitcoin seemed up, none other than the head of sophisticated hedge fund/private equity megafund Fortress Group, Michael Novogratz, recommended buying Bitcoin: “I have a nice little Bitcoin position,” Novogratz said. “Enough that I’m [...]
zerohedge.com / by Tyler Durden / 02/26/2014 08:43 -0500
Contrary to public speculation, Bitcoin CEO Mark Karpeles will have you know that after halting virtual transactions on his “Magic: The Gathering Online Exchange” for the second, and likely final time, that he has in fact not run away with any all too [...]
theeconomiccollapseblog.com / By Michael Snyder / February 25th, 2014
Bitcoin is a virtual currency that has no intrinsic value. The only thing giving bitcoin value is the faith that people have in it, and now that faith has been shattered. This week, the most prominent bitcoin exchange in the entire world, Mt. Gox, totally [...]
blog.milesfranklin.com / Andrew Hoffman / February 25th, 2014
It’s simply amazing how many “horrible headlines” appear each day now. And thus, as was the case amidst summer 2011’s Global Meltdown II, I sense that our ability to condense our daily commentary into “five pages of misery” will be put to the test, ad infinitum. Today, [...]
The issue of how to diversify your retirement portfolio is one that you need to take seriously. Once upon a time, gold IRA rollover was the hotcake. At present, Bitcoin is being touted to offer a safe haven. The argument is that Bitcoin is here to replace gold, as there [...]
dollarvigilante.com / Justin O’Connell / February 24th, 2014
Mt. Gox is dead. There is not much a chance they will be able to overcome the press of the past four months and re-establish themselves as a trustworthy bitcoin wallet and exchange. And they haven’t even gone bankrupt yet.
"The best raw material to hold in my opinion is silver. That’s what I felt 30 years ago and is what I feel today. Silver one of the very few commodities that the average person is capable of holding in his own possession. In particular, the US Mint makes the most beautiful and popular coin in the world in the form of the US Silver Eagle. So popular is this coin that I am still convinced that someday the US Mint will not be able to keep up with demand and the premiums on these coins will explode when the US Mint stops producing them. The way the world is going it appears that all the trends point towards greater silver demand. It looks to me that everything in the future will run on electricity, of which silver is the best conductor. Throw in the tremendous appeal and growth of solar panels and it’s hard to foresee how silver won’t be a raw material superstar." - Israel Freidman