Monthly Archives: October 2014

Monday 27th October

BITCOIN A Real Economy * Bitcoin is poorly understood because it runs on real economics, not on keynesian or whatever bullshit is taught at schools – Oleg Andreev * This is about making their structure irrelevant – bravetheworld   Volatility * Bitcoin is not volatile because it is not anchored or pegged to something else. […]

Monday 20th October

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 […]

Wednesday 15th October

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 […]

Thursday 9th October

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: […]

QUARTERLY ROUNDUP – Q3 2014

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 […]

September 2014

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 […]