Rocco Penn A tech blogger, social media analyst, and general promoter of all things positive in the world. "Bring it. I'm ready." Find me on Media Caffeine, Twitter, and Facebook.

Why nobody in their right mind would get into Bitcoin right now

25 sec read

While the recent massive increase in Bitcoin value may make the currency look like a virtual gold rush, don’t be sucked in. The way the system works now you either need to be really rich, really idealistic, or really crazy to invest in Bitcoin.

Woooohooo! Bitcoin is scorching! It’s party time, baby! Par … tay. Seriously – have you seen the exchange rate? A grand per Bitcoin* – boom! What about John Woo, the star analyst from Bank of America Merrill Lynch – surely you heard his word from on high? It’s pure gold. And I quote: “We believe Bitcoin can become a major means of payment for e-commerce and may emerge as a serious competitor to traditional money transfer providers.”

 

Source
Avatar of Rocco Penn
Rocco Penn A tech blogger, social media analyst, and general promoter of all things positive in the world. "Bring it. I'm ready." Find me on Media Caffeine, Twitter, and Facebook.

More information on the Nintendo NX has been leaked

Interesting, but not necessarily appealing. That’s a description you could use for just about every piece of Nintendo hardware that’s been released in the...
Avatar of Lorie Wimble Lorie Wimble
1 min read

The Nintendo NX might have some virtual reality functions

There’s some good news and bad news for Nintendo fans if this report that Digitimes published on Thursday is accurate. The good news is...
Avatar of Carl Durrek Carl Durrek
58 sec read

Sony wants artificial intelligence to be one of its…

Sony is doing pretty well thanks to the success of the PlayStation 4, but that success can’t sustain the company forever, and it needs to...
Avatar of Connor Livingston Connor Livingston
1 min read

Leave a Reply

Your email address will not be published. Required fields are marked *