Posts Tagged ‘bitcoin’

Blogger says Bitcoin needs to be worth $1,000,000 to be a legitimate currency

Monday, September 18th, 2017

Mark Decabre talks about Satoshis and the value of Bitcoin at MarketWatch.com

“A single bitcoin was worth about $3,900 in recent trade on Monday, off lows of the past few days, according to data site Coindesk.com, amid regulatory headwinds in China and critical comments from Wall Street pros like J.P. Morgan Chase & Co.’s CEO Jamie Dimon.

“Still, a bitcoin would need to be worth a stunning $1,000,000 to be a bona fide monetary unit, says Iqbal Gandham, U.K managing director at eToro, a trading platform.

Image courtesy MarketWatch and Getty Images

Richard Branson, Bill Gates and Google invest in Blockchain

Wednesday, August 9th, 2017
Image Courtesy: virgin.com

Image Courtesy: virgin.com

Excerpt from Virgin.com:

What we like is that the Blockchain team, run by co-founders Peter Smith and Nic Cary, have built a platform that will allow them to be the custodian of any digital assets should alternate use cases of blockchain technology reach critical mass.

Read the full article: https://www.virgin.com/richard-branson/investing-blockchain

Excerpt from CNBC:

The investment comes at a time of rising interest in cryptocurrencies, especially bitcoin, which recently hit a record high and has seen a massive rally since the start of the year.

Read the full CNBC News Article: https://www.cnbc.com/2017/06/22/bitcoin-wallet-startup-blockchain-raises-40-million-from-google-richard-branson.html

 


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