The speculation around bitcoin is the “very definition of a bubble,” Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said as the currency exceeded $7,000 for the first time. “From what we ...
Bitcoin was the first cryptocurrency, a decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments. Bitcoin can be used as a currency or an ...
"From what we can identify, the only reason today to buy or sell bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble." Criminal use of bitcoin is ...
"Something that goes up 700 percent in a year – it's by definition speculative. So anybody who thinks they're buying something that it's a stable investment is deluding themselves." The financial firm ...
Bitcoin is a virtual 'cryptocurrency' traded much like real money. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Bitcoin is a virtual currency ...
One of the most talked about issues with respect to Bitcoin and other cryptocurrencies is exactly how they are to be legally defined. The Internal Revenue Service has ruled that, for tax purposes, ...
In addition to verifying transactions in a trusted, decentralized manner, Bitcoin mining also creates new Bitcoins to add to those already in circulation. This method of transaction verification is ...