Norman Lim

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From the "Genesis Block" to Tim Draper's big buy: A History of Bitcoin

On a day that’s all about looking back and celebrating the milestones in the birth of this country, it seems only fitting to take a look at the …

The Bitcoin Bowl Is A Real NCAA Football Game Coming This December And It Has A Real Logo

Bitcoin is everywhere: You can pay your cable bill with it, fund a Texas-based Senate campaign, order a pizza, and even buy tickets and jerseys from the Sacramento Kings with the virtual currency.<p>But that’s <i>basketball</i>, and the idea that a weird (but increasingly mainstream) virtual currency like …

Why nobody in their right mind should get into Bitcoin right now

Woooohooo! Bitcoin is scorching! It’s party time, baby! Par … tay.<p>Seriously – have you seen the exchange rate? A grand per Bitcoin<b>*</b> – boom! What …

Bitcoin

When bitcoin’s biggest exchange failed, it asked for a bailout from its competitors

The failure of the Mt. Gox exchange isn’t the end of bitcoin—but it’s probably the end of amateur hour.<p>Now bitcoin firms connected with blue chip venture capitalists and Wall Street are moving to control bitcoin’s infrastructure and integrate it into the regulated financial system.<p>Mt. Gox was once …

Bitcoin

Bitcoin’s Price And The Public Interest

When bitcoin’s price skyrockets, the printing presses kick into high gear. And when Bitcoin collapses, a new crop of stories go out.<p>Something interesting is happening at the moment, however, as we have recently seen a decoupling of bitcoin’s price and the public interest. In short, bitcoin’s recent …

Prices Fall As Bitcoin Confronts Doomsday Scenario

Bitcoin prices were down more than 5% to $563 Saturday morning as the cryptocurrency faced its worst crisis of confidence since the fall of Mt. Gox.<p>There is only one way to hack the entire Bitcoin network, which has continued to hum along in the face of numerous Bitcoin business failures. It …