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Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Few billionaire investors have been so vocal and bullish on Bitcoin and cryptocurrency price appreciation as Tim Draper, the founder of venture …

Sheryl Sandberg Just Admitted the Real Lesson of Facebook's Business Model--and It Should Scare You

The fee-for-service model ensures accountability to users, not just advertisers, keeping focus on developing what the products users want and need.<p>In an interview with NBC's <i>Today</i> show last week, Facebook COO Sheryl Sandberg said that if users want to stop her company from making money off their …

5 Cryptocurrencies With More Promise Than Bitcoin

Bitcoin may be the largest virtual currency by market cap, but these virtual currencies may one day surpass it.<p>Even when taking into account the …

The robots are killing Tesla

The robots are killing Tesla.<p>In a rare win for humans over robots in the battle for labor efficiency, Wall Street analysts have laid down a compelling argument that over-automation is to blame for problems at the billionaire Elon Musk's electric-car company.<p>That is to say, the very innovation and …

The Basics of Cryptocurrency Mining, Explained in Plain English

Here's everything you need to know about how virtual currencies are "mined."<p>The cryptocurrency market was absolutely on fire in 2017, delivering what …

Andreessen, others, invest in U.S. digital currency fund

© Reuters. Andreessen, others, invest in U.S. digital currency fund<p>By Gertrude Chavez-Dreyfuss<p>NEW YORK (Reuters) - U.S.-based Multicoin Capital, an …

Here’s how much it costs to mine a single bitcoin in your country

So-called bitcoin mining is a hot topic of in the cryptocurrency world.<p>That’s chiefly because of the rising electricity costs associated with …

Exchanges Make Millions a Day Off Crypto Fees

Traders and miners aren’t the only ones cashing in on the cryptocurrency boom. Digital-asset exchanges are emerging as one of the biggest winners …

Where Will Bitcoin Be in a Decade? $100 Is More Likely Than $100,000, Says Harvard Economist

A decade from now, will one Bitcoin be worth $100 or $100,000? According to Harvard professor and economist Kenneth Rogoff, the former is way more …

Cryptocurrency is a giant multi-level marketing scheme

It’s hard to see red flags when you’re wearing rose-colored glasses.<p>Cryptocurrency’s warning signs having been coming fast and furious. A new report indicates that half of initial coin offerings, which are the crypto world’s money-raising equivalent of an IPO, have already died—and many of the …

When the cryptocurrency bubble pops, these tokens are built to survive

An emerging species of crypto-token offers a glimpse at the future of decentralized services.<p><b>Being in a cryptocurrency bubble is not entirely a bad</b> …

Dot-Com Bubble

Litecoin Cash (LCC) price rockets 409% on day one

Last year <b>bitcoin</b> (BTC) went through two so-called hard forks that resulted in the emergence of <b>Bitcoin Cash</b> (BCH) and <b>Bitcoin Gold</b> (BTG).<p>A hard fork …

The 5 Big Problems With Blockchain Everyone Should Be Aware Of

Blockchain is often touted as a world-changing technology and in many ways, it is. However, it isn’t necessarily the cure-all panacea for the world’s problems that many evangelists would have you believe.<p>Here’s a breakdown of some of the issues with blockchain that anyone thinking of using it …

Financial Services

Bitcoin Miners Fried in Game of Chicken

Bitcoin miners who've decided to stay in the game amid plunging prices may soon find that the well has run dry.<p>A 70 percent price drop since the …

Can You Really Make Money Mining Bitcoins?

Profits are not easy to come by. Expensive hardware and risky cloud mining deals are the main challenges.<p>If you want to join in the bitcoin frenzy …

How Russia became a breeding ground for cryptocurrency innovation

Credit: Eliane Meyer / Pixabay<p>Cryptocurrency has found support all over the world. It is popular as a solution for common business problems in many industries, but also allows people to invest and speculate as they would with stocks.<p>For both reasons, companies and individuals around the globe are …

Nikolai

What Is The Fundamental Value of Bitcoin?

What is the fundamental value of bitcoin? It seems that even the Bitcoin enthusiasts themselves have trouble answering this question. Bitcoin does not have any assets, cashflow, cost of production or final consumptive demand, the traditional basis of most asset valuation techniques.<p>The market price …

You'll Never Guess How Much $1,000 Invested in Bitcoin in March 2010 Would Be Worth Today

That's a lot of zeroes...<p>Traditionally, the stock market is the best creator of wealth over the long run. It's returned about 7% annually over more …

Blockchain

Bitcoin Only Has One Way To Go If This Is True

<i>Author's update, December 11, 2017:</i> <i>follow-up article</i> <i>with additional support of fraud</i><p>I remain a Bitcoin (OTCQX:GBTC, COIN, RIOT, OTC:BITCF, …

Economist Jim Rickards on gold versus bitcoin — intrinsic value is meaningless for both but the bitcoin prices aren't real

Jim Rickards is the editor of Strategic Intelligence and the author of <i>Currency Wars: The Making of the Next Global Crisis.</i> He believes gold can go to $10,000 an ounce but he is much more skeptical about bitcoin. Rickards doesn't trust the bitcoin price action and doesn't believe the cryptocurrency …

Tax Preparation

DoubleLine fund doubles the returns of rivals with the help of economics Nobel winner Robert Shiller

Mutual fund managers struggle to beat their benchmarks in any given year, and if they do, their hot hands eventually turn cold. Hence, the rise of …

Experts say universal basic income would boost US economy by staggering $2.5 trillion

UBI in the U.S.A.<p>In recent months, everyone from Elon Musk to Sir Richard Branson has come out in favor of universal basic income (UBI), a system in …

Economics

Productivity: Everything you need to know about the problem strangling the economy

What is productivity and why is such a fuss being made about it since last week’s Budget?

The Battle For Bitcoin: What You Need To Know About Bitcoin And Bitcoin Cash

Bitcoin has been caught up in a protracted scaling debate since early 2015, when the first solutions were proposed by Jeff Garzik, Gavin Andresen and Mike Hearn, all well known and respected bitcoin core developers at the time. Each of these proposed changes revolved around a quick increase to the …

Here's everything you need to know about blockchains, the ground-breaking tech that could be as disruptive as the internet

From a 'castle' full of bitcoin millionaires to the initial coin offering (ICO) craze, it's hard to escape the chatter about how some people are building their fortunes off the new world of cryptocurrencies. But behind those cryptocurrencies sits a technology called blockchains, which some people …

Blockchain

What is a blockchain? GeekWire’s guide to this game-changing technology and its vast potential

Most technologies touted as “game-changing” are just somewhat modified versions of something already in use. Blockchains are different, and while it …

Bitcoin Vs. Bitcoin Cash: A Story Of Prioritization & Healthy Competition In Money

As an offshoot of Bitcoin (BTC) known as Bitcoin Cash (BCH) surged past $2,000 this weekend, an influx of people reached out to ask the same question: Will Bitcoin Cash pass Bitcoin in terms of value and adoption?<p>Let’s look at the puts and takes of the two to better understand where they differ, my …

Bitcoin Crashes and Then Surges in Wild Weekend Action

Bitcoin is proving that investing in digital currencies isn’t for the faint of heart.<p>After plunging as much as 29 percent from a record high …

Scientists think they've discovered a fourth type of fuel for humans — beyond carbs, fat, and protein

The nutrition label on a shot-size bottle of this clear, odorless liquid defies traditional explanation. It contains 120 calories — roughly the equivalent of a hearty slice of bread — yet it has no fat, no protein, and no carbohydrates.<p>Those calories instead come from ketones, an ingredient that …

A Stock Market Crash In 2018

The U.S. stock market is in amazing shape. Every day new all-time highs are set. This <i>must</i> be bullish, and investors should go all-in, right? Well, …