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Biggest bubble in history: What you need to know about bitcoin

Virtual currency bitcoin has officially become the largest bubble in history, eclipsing the notorious "Tulip Mania," the speculative bubble that shook the Dutch economy before it collapsed in 1637. Learn all you need to know about bitcoin.

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Related topics : bitcoin currency history / virtual currency bitcoin / bitcoin official currency

‘Cryptohouse’ heated by bitcoin generation keeps miners toasty in Siberia

Engineering enthusiasts in Irkutsk, Russia, have transformed a bitcoin miner to a sufficient power generator for private housing, footage filmed Wednesday reveals. 'Cryptohouse' is a new generator that turns the heat produced by bitcoin miners into private heating energy for the monthly cost of USD 430 (EUR 370). READ MORE: https://on.rt.com/8r8s

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Bitcoin Rises: Digital currency beats paper

Imagine having money that's free from government control, safe from haircuts and decentralized. There is such a thing - and it's called 'bitcoin'. The cyber-currency's value has increased ten-fold this year - surging past $200 a unit this week. Its use is seen as a sign of growing skepticism about the exisiting global financial system.

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'Virtual goods! Virtual currency! Virtual output!'

Watch the full 116th Episode of the Keiser report on Thursday.

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Related topics : virtual currency