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Showing posts with label Bitcoin. Show all posts
Showing posts with label Bitcoin. Show all posts

Tuesday, March 03, 2015

Entertaining Article in Wall Street Journal Suddenly Changes The Fortunes Of A Controversial Currency

With so much uncertainty in the world today, more so with world currencies would you place your bet on a currency that is bouncing up and down all over the place? Maybe not. Unless of course it is Bitcoin. The digital currency that nobody in their right mind can afford to ignore any more. Proponents of Bitcoin argue a little differently but rather convincingly. They say that the question here is; would you put your money on a horse that was constantly improving without fail, even if it was still losing races?

Well a fascinatingly entertaining story in the authoritative Wall Street Journal seems to have had a dramatic and immediate effect on the fortunes of this controversial currency that is different in that it is free from the politics of printing money. The kind of story everybody should read even if you are no economist or expert on money and currencies.

Current Bitcoin Exchange Rate

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Sunday, March 01, 2015

Is Bitcoin Mining Still Profitable in 2015?

Surely there has to be a reason why numerous big companies like Dell, Microsoft, Overstock, Amazon and many others are still confidently accepting Bitcoins as payment for their products and services. Still there are many skeptics at the moment who are sure that Bitcoin has no future and is not worth mining at a value in the region of $250. And you really cannot blame them because on the surface of things there seems to be a lot of evidence to back their position.

For starters the fact of the matter is that Bitcoin lost over 60 per cent of its’ value in the course of 2014.

Current Bitcoin Exchange Rate

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