Have bitcoin speculators come back to earth or is the ‘To the Moon’ sentiment still shared

The value of bitcoin (BTC) has been subjected to both discourse and speculation. Since bitcoin made its triumphant jump from a few dollars to as high as $1,200 late last year – it's now trading at around the $650 mark – many have pondered where the price of bitcoin might be in the … [Read more...]

A bitcoin economy would lead to ‘unrest’: David Yermack, professor of finance

Is bitcoin (BTC) a revolutionary currency on the verge of taking down the financial establishment or is it an electronic payments system that is on the cusp of competing and defeating the likes of Visa and PayPal? That's the debate that is going on right now in Silicon Valley and in … [Read more...]