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Billionaire Peter Thiel says people are ... - Business Insider

Peter Thiel is the latest big name from the world of tech and finance to offer commentary on Bitcoin, and he's optimistic about the future of the cryptocurrency.

However, rather than discuss Bitcoin's potential uses as a means of exchange, Thiel focused on its effectiveness as a store of value.

According to CNBC, Thiel compared Bitcoin to gold and said that due to the difficulty of the digital...

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Related topics : bitcoin is the new gold of the future currency / bitcoin digital gold / current bitcoin mining prices / bitcoin cash mining difficulty / coin exchange bitcoin gold

You'll soon be able to cash in your Bitcoins at ATMs in ...

Australian ATM operator Stargroup has signed a joint venture with DigitalX, a blockchain technology and advisory company, to convert its machines to trade the digital currency Bitcoin.

The joint venture agreement is for the entire global network of Stargroup ATMs, initially with 500 in Australia, to allow buying and selling of Bitcoin.

The cryptocurrency hit a record $US4,800 for the first time...

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Why investors have nothing to fear from a bursting of the ...

Bitcoin remains the talk of financial markets.

Its stratospheric price rise this year, shown in the chart below from Capital Economics, helps explain why there's just so much interest at present.

Source: Capital Economics

Phenomenal, right?

Aside from speculation as to why prices have surged so far so fast, the other major talking point is whether bitcoin is a bubble, destined to pop like other...

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Related topics : bitcoin market price chart / bitcoin stock market price / bitcoin market price / bitcoin value today price / bitcoin market value total

Zimbabwe's instability had a bizarre side-effect: the ...


Zimbabwe Army General Constantino Chiwenga Commander of the Zimbabwe Defence Forces (R) and Valerio Sibanda Commander of the Zimbabwe National Army (L) address a media conference held at the Zimbabwean Army Headquarters on November 13, 2017 in Harare. Jekesai Njikizana / AFP / Getty Images

The highest price paid on a cryptocurrency exchange in Zimbabwe overnight was $US13,499 -- almost...

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Related topics : bitcoin price exchange comparison / compare bitcoin exchange prices / bitcoin price exchange / current bitcoin price in dollars / buy bitcoin exchange website

The ultimate guide to Bitcoin, gold, and the future of ...

The explosive popularity of Bitcoin and other cryptocurrencies has been one of the main themes on global markets this year.

Just overnight, Bitcoin prices soared to a new record high above $US11,000, before an equally sharp selloff.

Despite the volatility, the value of Bitcoin has increased by more than 900% in 2017 amid a surge of global interest in the new investment space.

It's got many people asking what impact Bitcoin will have on the global financial landscape in the years to come.


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Related topics : bitcoin is the new gold of the future currency / bitcoin market value history / bitcoin blockchain market price / bitcoin new global currency / bitcoin technology blockchain

Bitcoin just crashed 20% as the developers fight over its ...

After looking like it was on the edge of a cliff last week , Bitcoin crashed over the weekend and lost more than 20% of its value.

The crypto-currency fell as low as $US970 and is trading at just over $US1,000 this morning, after reaching US$1,259 last week.

According to The Wall Street Journal, the crash is due to a disagreement among Bitcoin developers. Behind the scenes, there's been a running...

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Related topics : bitcoin trading currency market / current bitcoin block size / bitcoin market crash / bitcoin trading exchange marketplaces / bitcoin trade market

Money has been pouring into the world's ... - Business Insider


Andrej Isakovic / AFP / Getty Images

Bitcoin had a wild weekend, as prices for bitcoin (BTC) got smoked while bitcoin cash (BCH) rocketed higher.

The weekend price action saw bitcoin cash hit a record high above $US2,600 a coin -- after trading around $US300 in recent months -- as the battle over bitcoin's transactional capability continues to rage.

A short time ago, it had almost halved to...

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Related topics : bitcoin cash price chart / btc bitcoin price / bitcoin price chart all time / bitcoin price market cap / bitcoin market price chart

The CEO of a UK-registered bitcoin exchange has been ...

Exmo Bitcoin CEO Pavel Lerner kidnapped in Kiev.

Exchange hit by a DDoS attack at the same time.

A spokesperson said users' funds are "absolutely safe" and "we are doing everything possible to speed up the search for Pavel Lerner."

LONDON - The CEO of a UK-registered bitcoin exchange has reportedly been kidnapped in Ukraine.

Pavel Lerner, 40, was reportedly dragged into a black Mercedes-Benz by...

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Related topics : bitcoin uk exchange / make money bitcoin exchange / how to make bitcoin exchange website / ukraine bitcoin exchange / bitcoin money exchange

Here's Where You Can Spend Bitcoin In Australia, And What ...

go out for a meal

update your welding equipment

get someone to design a website

work out at the gym, and

eat a designer sub sandwich.

DC POS, a point of sale business based in Melbourne which enables retailers to accept Bitcoin, has seen an explosion in the last eight weeks since it started with more than 100 merchants signing up both here, in the US and Europe.

"Melbourne is currently the...

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Related topics : accept bitcoin payments / accept bitcoin

The reason why Bitcoin exists is written in the very first ...


Cameron Spencer/Getty Images

"I don't get it" is the first reaction from most people in any group at the pub when the subject of Bitcoin is raised.

A comical attempt from someone to explain blockchains and hashes and stores of values then follows, and rarely does it help to clear things up, for anyone present.

But if you want to get a newcomer onside, it's probably more constructive to talk...

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Related topics : bitcoin transactions per block