Bitcoin Inventor Satoshi Nakamoto ‘Found’ in California

Bitcoin Inventor Satoshi Nakamoto ‘Found’ in California

Mar 6, 2014

Wow!  I hoped this day would come to pass.  After a journalist spent time tracking down leads and investigating tips, it led him to Satoshi Nakamoto.  I hope this guy is our mysterious Bitcoin creator. The Satoshi reported in the Newsweek article, appears to be living an unassuming American life and continues to value his privacy.  Good journalism work and I...

Penny Stocks Author Warns About Bitcoin

Penny Stocks Author Warns About Bitcoin

Feb 28, 2014

Leeds is yet another misinformed “expert” spouting off why Bitcoin is doomed. His babbling shows his limited knowledge of the subject matter.  It befuddles me on how so many financial exports are so off base with their opinions on Bitcoin.  Perhaps he has a counter agenda?  Penny stocks, maybe?  Good grief what a racket the pennies are!  I always...

Overstock CEO Says He’s Holding on to Bitcoin like Gold

Overstock CEO Says He’s Holding on to Bitcoin like Gold

Feb 23, 2014

Overstock.com did almost a million dollars in sales accepting Bitcoin as a form of payment since January 2014; not bad for a currency that many skeptics feel is a bubble at best or ponzi scheme at worst.  The CEO believes in Bitcoin so much he says he sold several million dollars in gold to buy Bitcoin.  Is Overstock the tipping point to motivating larger...

I withdrew crypto-cash from America’s first Bitcoin ATM

I withdrew crypto-cash from America’s first Bitcoin ATM

Feb 23, 2014

This last Thursday, Aaron Sankin was supposedly the first person on American soil to purchase Bitcoin from a Bitcoin ATM.  Great post by him talking about his experience and he even shot a short video of the process.  Buying Bitcoin has a few more steps than a cash ATM.  It’s more like buying a movie ticket and waiting a few minutes before the ticket...

Bitcoin Prices Spike Over 150% at MtGox on Withdrawal Rumors

Bitcoin Prices Spike Over 150% at MtGox on Withdrawal Rumors

Feb 22, 2014

The old adage of buy the rumor and sell the news is alive and well with Mt Gox.  Bitcoin Coach Brett Combs believes the  activity was possibly insider trading as there was no news our announcements from Mt. Gox to really explain the 30 minute price spike. See a recent post for ForexNews that explains the theories behind the price movement today… Bitcoin...