BITCOIN Investing in Bitcoin Bitcoin is a classic venture capital endeavor: It will either work or it won’t. And if it doesn’t work, we will lose all our money. But if it does work, it will work in a spectacular way. Our investments will pay off 1,000 to 1 or 10,000 to 1 or some […]

BITCOIN Growth in the Bitcoin Ecosystem: September 2013 – September 2014 Wallets = 5x Merchants = 8x All Time VC Investment = 10x Network Hash Rate = 216x Market Cap = 3x – Coindesk: State of Bitcoin Q3 2014   Bitcoin Wallets There were 1.2 million new bitcoin wallets created in Q3, representing 21% growth […]

BITCOIN Price There is not a neuron in my brain that believes the price in 5 years time is going to be as ridiculously low as it is now. I’m all euphoria at this moment, seriously. – bitcoin.txt   The 5th of October in Bitcoin Price History 2010: $0.06 2011: $4.90 +82x 2012: $12.75 +2.6x 2013: […]

BITCOIN Investment Opportunity “Bitcoin, at this moment, represents one of the greatest investment opportunities the world will ever witness” http://www.reddit.com/comments/2aqo04 – Roger Ver   Dell Largest Company to Date to Accept Bitcoin If you’re a retailer, there’s really no reason not to accept Bitcoin at this point – Dell   No Dollars After 2016 Amagi Metals, an […]

MONTHLY REPORT – SEPTEMBER 2014 BITCOIN Hoarding Bitcoin is poised for exponential growth, so the opportunity costs of not being involved to the highest personal degree possible are incalculable. Yet merchants, investment peddlers, and other hoarders have been able to convince countless bitcoiners to part with their future riches, despite the obvious downsides given you […]

BITCOIN The Bitcoin Network The ultra-resilient bitcoin network is the world’s largest distributing computing project in terms of raw computational power, having long ago surpassed 1 exaFLOPS (1,000 petaFLOPS) – over eight times the combined speed of the top 500 supercomputers. Although since increasing to an amazing 3.2 zettaFLOPS (3,200 exaFLOPS), the project was quietly removed from […]

BITCOIN Trading: OTC / Retail Outlets / Exchanges Merchants & Wall Street BitPay and Coinbase DO NOT sell Bitcoin on exchanges. There is a huge OTC market going on which is actually where most blocks are sold. Wall Street, ect are not going to exchanges they are buying from brokers like Second Market, Pantera, BitPay […]

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