Current Bitcoin Price(USD):
In 2002 Ebay completed their purchase, and full ownership, of PayPal. For the past 12 years, PayPal horror stories have ruled the web. But, with […]
Ponzi or Fonzi
In the 1920’s, Charles Ponzi came up with the scheme that bears his name. He would guarantee investors a 50% profit in 45 days. Charles claimed he would buy discounted US postal products in foreign countries, and then redeem them in the US for full price. Actually, Charles was just taking the money from second […]
Bitcoin 2025
You have to agree, if Bitcoin makes it another 10 years it is here to stay. In the year 2025, there are ‘Bitcoin Accepted Here’ signs everywhere. Paypal didn’t manage to adapt, and now they are gone. Amazon didn’t have a choice, customers demanded it. With 1 Billion new Bitcoin wallets generated over the past […]
Empty Wallet
Back in April we wrote about the Bitcoin the FBI confiscated from Silk Road: http://www.coinmonkey.com/fbicoin/ Today, the wallet is virtually empty: https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH The FBI auctioned the Bitcoin off to the highest bidder(s). The day before, the media was in a frenzy about how it would create so much volume in one day, that the price […]