Bitcoin has been changing. Drastically. Business Insider says that Bitcoin is selling its soul. Bloomberg, on the other hand, continues the line that bitcoin is a revolution bound to change the world for the better. What has changed? Basically there are three major events going on in the bitcoin world right now: Mt Gox is … Read more Zerocoin and Bitcoin: Taking Anonymity to the Next Level
This post was inspired by and will include an excellent discussion on the Bitcoin channel for Reddit. This post will be an attempt to calculate how many people use Bitcoin, what percent of the world that is, and how that number compares to numbers of users of other currencies such as the Euro, dollar, yen, … Read more How Popular is Bitcoin? How Big is the Bitcoin Economy?
In mid December I invested in Bitcoins. In the past month they have jumped from #13.3 to $14.2 each in value according to this reliable source. This is not just volatility in my view. It is part of a longer term trend. Why? That’s what this article is about. In foreign exchange, which I have … Read more Trading the News and Bitcoin