Tim Draper Envisions $10,000 Bitcoin
Sep26

Tim Draper Envisions $10,000 Bitcoin

Tim Draper Expects A $10,000 Bitcoin Price Within Three Years Venture Capitalist Tim Draper has gone on record twice in the past month speculating that Bitcoin will reach $10,000 a coin in three years time.  The most recent interview was on the Fox Business Channel: Watch the latest video at video.foxbusiness.com   The interviewer from Fox Business channel asked Tim Draper what the 3 most important investments looking ahead would...

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Reason #1 Amazon Will Love Bitcoin
Sep24

Reason #1 Amazon Will Love Bitcoin

Amazon Will Love Bitcoin Technology giant Amazon could benefit enormously by adopting Bitcoin.  Amazon operates on low profit margins, and adding Bitcoin would improve margins.  This is the number one reason Amazon will love Bitcoin. Marc Andreessen, wrote a blog in January 2014 Why Bitcoin Matters.  He mentions major retailers such as Amazon by saying: “Let’s say you sell electronics online. Profit margins in those businesses are...

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$200 Million Bitcoins Sought After By Hedge Fund GABI
Sep23

$200 Million Bitcoins Sought After By Hedge Fund GABI

Bitcoin Hedge Fund To Buy $200 Million Bitcoins Bitcoin Hedge Fund Global Advisors Bitcoin Investment (GABI) has begun buying Bitcoins and will invest up to $200 million in their first 6 months on operation.  An article on Morning Money first mentioned the $200 million number. CoinDesk has reported in this article, that GABI is buying the Bitcoins over the counter through DigitalBTC, an Australian company, that is Australia’s...

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Bitcoin Buyout – Why Facebook Should Buy Bitcoins
Sep22

Bitcoin Buyout – Why Facebook Should Buy Bitcoins

Is A Bitcoin Buyout A Possibility? With so many technology companies flush with cash, it is a wonder that no company has bought a significant number of Bitcoins.  In February 2014, Facebook paid $19 billion dollars to buy WhatsApp, a mobile phone messaging company.  To put this in perspective, the value of all the 13+ million Bitcoins in circulation is worth 5.35 billion dollars as of today. Google has been on a spending spree as...

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PayPal Accepts Bitcoin. Does  this “legitimize” the coin?
Sep17

PayPal Accepts Bitcoin. Does this “legitimize” the coin?

By: Randall Parker Jr. PayPal Accepts Bitcoin Now The article topic begs the question that Bitcoin needs to be legitimized in some way. The case has certainly been made that the young, rebellious currency needs taming. The claims have gone to the effect of accusing Bitcoin to be a method for hackers, drug dealers, drug users, hit men and more to hock their wares. That, alone, I don’t think should be reason to criticize Bitcoin,...

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