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Here's Why Bitcoin Speculators Are Just Laughing At Anyone Who Calls It A Bubble

Technology / Technology Industry News : Silicon Alley Insider

As Bitcoin prices charge ever higher, the same people who were dismissing Bitcoin as a "bubble" at $35 six weeks ago are now huffing about it being even more of a "bubble" at $235. And maybe they're right. Maybe, someday, Bitcoin pr...

Bitcoin Crosses the $1,000 Mark On The Mt.Gox Exchange

Technology : TechCrunch: Enterprise

Nothing like a little bit of speculation gone wild to kick off the holiday spending season. Bitcoin just traded past the $1,000 per coin mark on Mt.Gox, one of its largest exchanges -- as we write this, it's at $1,022, with a high o...

The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power

Technology : TechCrunch: Enterprise

It's almost impossible for the average computer to mine Bitcoins in any efficient way, hence the rise of Bitcoin mining machines so tuned to their specific purpose that they barely resemble PCs. To wit: the Cryonic Bitcoin FrostBit ...

IMF chief tells central bankers to not dismiss bitcoin

Technology : USAToday: Tech

IMF chief Christine Lagarde conceded that digital currencies, such as bitcoin, don't currently pose a major threat to the status quo.        

Bitcoin smashes through $5,000 barrier for first time

Technology : Venture Beat

(Reuters) — Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 percent to chalk up its biggest daily rise in over two weeks. Bitcoin, the original and still the biggest cryptocurrenc...

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