bitcoin

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Trump Condo For Sale ... in Bitcoin Only

New site aims to provide luxury goods for 'Bitcoin millionaires'

(Newser) - What can you actually pay for in Bitcoins? Well, at the moment, the list appears to include a luxury condo in New York City. A one-bedroom apartment in the Trump SoHo building went up for sale yesterday for 20,874 BTC, which is to say just over $1.9 million....

Winklevoss Twins Behind One of Biggest Bitcoin Hauls

Former Zuckerberg rivals: digital currency 'here to stay'

(Newser) - The Winklevoss twins of Facebook fame/infamy are leading the charge on another digital frontier: the digital currency known as bitcoin. Their holdings translated to some $11 million in actual money, they say; that is, before values dropped drastically yesterday. But Tyler and Cameron are confident in their investment. "People...

Bitcoin Exchange Halts Trading After Big Selloff

It's either because of a huge influx of accounts or hackers

(Newser) - Bitcoin fans have to cool their heels until 10pm Eastern. The biggest exchange of the digital currency has halted trading after a steep drop in value yesterday, reports the Guardian . Tokyo exchange Mt. Gox blamed the drop—from $266 to about $100—on an "astonishing" number of new accounts...

Should You Buy Bitcoins?
 Should You Buy Bitcoins? 
OPINION

Should You Buy Bitcoins?

Pundits explore the booming currency bubble

(Newser) - The price of Bitcoins is skyrocketing at a head-turning rate—they're currently worth more than $200 each, up from $90 when we wrote this piece on the phenomenon two weeks ago—which has everyone wondering: Is this a bubble? And should you buy anyway in the likely event that...

Internet 'Bitcoin' Worth More Than 20 State Currencies

Is it a flight to safety, or a surge in drug market?

(Newser) - There isn't any national treasury backing the bitcoin, nor does anyone have great stores of physical bitcoins lying around. Yet more than $1 billion worth of this invented currency is in circulation—more than the entire currency stock of 20 countries, Fox News reports. A single bitcoin is currently...

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