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i paid for my hotel stay in bitcoin you can buy rides in the outer space with bitcoin you can buy just about anything you can think of with bitcoin at this point so the real question is what can't you buy with bitcoin but so can you go to stores like i don't know brand name stores can you pay for college what kinds is it something that's already in store sure every university doesn't accept bitcoin yet but there's a number of colleges that already do there's a whole bunch of physical real world locations that you can spend because there's a great website called coin map dot org and you can see all sorts of locations near you that will allow you to spend because in their physical shop. bitcoin is primarily an online currency so there's probably hundreds of thousands of websites around the world that excite because it's directly at this point so as far as online goods go you can buy just about anything and if there is something that you can't buy with the coins correctly the. also it's a big one exchanges that will let you exchange because it's back at your local currency and the ones th
i paid for my hotel stay in bitcoin you can buy rides in the outer space with bitcoin you can buy just about anything you can think of with bitcoin at this point so the real question is what can't you buy with bitcoin but so can you go to stores like i don't know brand name stores can you pay for college what kinds is it something that's already in store sure every university doesn't accept bitcoin yet but there's a number of colleges that already do there's a whole bunch of physical real world...
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but that's absurd by accepting bitcoin you're increasing the network which invalidates bitcoin which is supporting because it doesn't matter whether peter schiff thinks he's supporting bitcoin or not for him to be supporting bitcoin you know he can pretend like he's not supporting bitcoin while he's pretending but going but we know the truth peter that the genius of pseudo should not come up to has done a number on your head and you finally are being sucked into the vortex that is big going and soon will understand that bitcoin is equal to gold in many ways and then i predict within the air will be saying that bitcoin is superior to gold in many ways so this is the progression peter is now stepped on the ladder toward bitcoin apostle to them and what came aboard well is that it moore's law is it called where you know one fax machine isn't worth much but two is worth more and ten is worth the. more and metcalf's law has learned that for as to the ever decreasing cost of the c.p.u. going forward so his using it increases the value of it that's validating they opinion of many bitcoin ev
but that's absurd by accepting bitcoin you're increasing the network which invalidates bitcoin which is supporting because it doesn't matter whether peter schiff thinks he's supporting bitcoin or not for him to be supporting bitcoin you know he can pretend like he's not supporting bitcoin while he's pretending but going but we know the truth peter that the genius of pseudo should not come up to has done a number on your head and you finally are being sucked into the vortex that is big going and...
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May 22, 2014
05/14
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FBC
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why did you put the bitcoin atm in? >> my two casinos in that they guess we were proud to be the first casinos to accept bitcoin. after we did that a few months back, i was rather overwhelmed with the amount of response so what happened -- melissa: what does that mean? how many transactions -- >> the president of robotcohen and we came up with the idea of the bitcoin atm. melissa: how many people use it? they go to the atm and cash out their bitcoin to play at the table. how much can you quantify for me what kind of business you are doing with bitcoin? >> at our steak house, america coney island hotel, we are almost hourly. i have been pleased. mary melissa: what kind of person comes in to use bitcoin instead of their visa? >> that was something we didn't know what to expect. we thought it would skew to a younger demographic which it has but i was surprised at the international travelers coming to las vegas with bitcoin on their wallets. the international was a real surprise to was. melissa: do you change it back to dol
why did you put the bitcoin atm in? >> my two casinos in that they guess we were proud to be the first casinos to accept bitcoin. after we did that a few months back, i was rather overwhelmed with the amount of response so what happened -- melissa: what does that mean? how many transactions -- >> the president of robotcohen and we came up with the idea of the bitcoin atm. melissa: how many people use it? they go to the atm and cash out their bitcoin to play at the table. how much...
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May 9, 2014
05/14
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CNBC
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bitcoin value is in a protocol. most people concentrate on the little accounts of value, otherwise what they call coin and they focus on the price, 400, 600, but the value is their ability to program the coins to take the place of the new york stock exchange take the place much mvp banks, which is what we have done. we created smart process that end users can create on their own. you design your smart contract, a level of credit. you trade over 10,000 tickers for the exposure of google, you can short jpmorgan, go long the korean yuan. >> you really hate jpmorgan. >> it's not about hate. it's bit. it depends on how the banks look at it. because we're first to market the technology and we've patented it. if the patents are granted, then the banks have come behind us with the new technology. remember the incident in 1990, newspapers used to take a picture of the front page and put it on the website. they called that innovation. fast-forward 20 years later, facebook, twitter, youtube. true contemplation of the technolog
bitcoin value is in a protocol. most people concentrate on the little accounts of value, otherwise what they call coin and they focus on the price, 400, 600, but the value is their ability to program the coins to take the place of the new york stock exchange take the place much mvp banks, which is what we have done. we created smart process that end users can create on their own. you design your smart contract, a level of credit. you trade over 10,000 tickers for the exposure of google, you can...
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May 19, 2014
05/14
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>> what do you think bitcoin is worth? went up to a thousand, now in the 400s, 500s, it is undervl , undervalued, overvalued? >> i think it's undervalued. in the long run it will be a safe asset with modest price appreciation. certainly, right now what you're saying is challenge growth circumstance. >> all right. we look forward to seeing you and seeing your company, just raised $30 million. stephen pair, the co-founder ceo of bitpay. >> thank you. >> let's send it back inside where jon fortt has a look at what's coming up. the premiere is a big morning on cnbc. >> a little tease of what's coming up next. do it twitter style. 140 characters or less. here goes. a new google buy bigger than hulu or facebook. and paris on pushy bosseses at the times and that's 139 characters. #squawkally is next. we're moving our company to new york state. the numbers are impressive. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strateg
>> what do you think bitcoin is worth? went up to a thousand, now in the 400s, 500s, it is undervl , undervalued, overvalued? >> i think it's undervalued. in the long run it will be a safe asset with modest price appreciation. certainly, right now what you're saying is challenge growth circumstance. >> all right. we look forward to seeing you and seeing your company, just raised $30 million. stephen pair, the co-founder ceo of bitpay. >> thank you. >> let's send it...
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May 29, 2014
05/14
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LINKTV
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. >>> japan's first atm for bitcoin is up and running. the number of virtual currency users continues to grow. that's despite the recent bankruptcy of mount gox, a major bitcoin exchange based in tokyo. >> one, two, three. >> the atm was installed at a bar in a downtown area. about 40 people gathered on the inaugural day to give it a try. the machine takes in cash and exchanges it into the virtual currency which is then sent to the users' smartphones at the current rate. >> translator: bitcoin users are on the rise around the world. >> translator: this is so exciting. >> mount gox's bankruptcy caused millions of dollars in losses for customers around the globe. the firm was once the world's largest bitcoin exchange. despite the setback, the number of bitcoin users is estimated to exceed 3 million across the world. new exchanges for the virtual currency continue to be launched, even here in japan. >>> all right. that is going to wrap it up for business hour. here's a check of the markets. >>> heavy rain and strong storms are hitting parts
. >>> japan's first atm for bitcoin is up and running. the number of virtual currency users continues to grow. that's despite the recent bankruptcy of mount gox, a major bitcoin exchange based in tokyo. >> one, two, three. >> the atm was installed at a bar in a downtown area. about 40 people gathered on the inaugural day to give it a try. the machine takes in cash and exchanges it into the virtual currency which is then sent to the users' smartphones at the current rate....
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May 14, 2014
05/14
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bitcoin, have you put any more money into bitcoin beyond what you put in in 2013 which is $20 million or so? >> no. the firm has a small position and us as individuals have a small position. and we have invested in some small vc opportunities but nothing substantial. >> what are you waiting for? if you believe this is going to be the mediation of the financial services industry, that's big. why not put more in now? >> well, each of our funds has its own charter and demand date. i run a macro fund. and liquidity is something we focus on. and bitcoin just doesn't have enough liquidity to meet the standards of my fund. >> i know some names include names like amazon. what do you make of what's going on in the market here? and what is your most recent addition to your fund in technology? >> you know, i think the growth value trade happened because momentum and worked and worked for a long time. i don't think that whole trade is over. i think it had a big washout. but i think a lot of those names last year will work again this year. >> you didn't really answer my question. i was asking you
bitcoin, have you put any more money into bitcoin beyond what you put in in 2013 which is $20 million or so? >> no. the firm has a small position and us as individuals have a small position. and we have invested in some small vc opportunities but nothing substantial. >> what are you waiting for? if you believe this is going to be the mediation of the financial services industry, that's big. why not put more in now? >> well, each of our funds has its own charter and demand...
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from al qaeda to bitcoin, the department of defense is investigating bitcoin as a possible terrorist threat. the government says the anonymity of the viral currency poses a couponings concern. you're both saying, you're exasperated. is there a real risk? the point to be anonymous. doesn't that help terror? >> asked to investigate bitcoin, not the justice department, not the fbi, the defense department of the defense department is not in business of exercise of investigating potential economic crimes, unless you want to scare the daylights out of people from performing an act that is perfectly lawful. deirdre: so you call it terrorism. that is way of getting rid of something you find threatening for another reason? >> i don't think it would work would the bitcoin folks because they are you willer at this le devoted to it. deirdre: what do you think? >> high frequency trading one of the lastings i need to worry about. deirdre: terror an bitcoins. >> am i missing something here? >> they're my people. they're serious libertarians. they're not terrorists. they're just trying to find an ec
from al qaeda to bitcoin, the department of defense is investigating bitcoin as a possible terrorist threat. the government says the anonymity of the viral currency poses a couponings concern. you're both saying, you're exasperated. is there a real risk? the point to be anonymous. doesn't that help terror? >> asked to investigate bitcoin, not the justice department, not the fbi, the defense department of the defense department is not in business of exercise of investigating potential...
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May 19, 2014
05/14
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bitcoins is a virtual currency. critics say it's risky because it can be erased. >>> next at 6:00, bring back our girls. a rescue mission for hundreds of schoolgirls kidnapped in nigeria. the security measures on the borders that may help bring them home. >>> plus, finally relief at the pump. gas prices starting to drop. we'll tell you where the cheapest place to fill up is in the bay area. >>> the pressure is on nigeria's president and other african leaders to take action against militant extremists. the terrorist group boko haram kidnapped more than 200 schoolgirls last month. >> reporter: nigeria's president goodluck jonathan is on his way back to nigeria's capital after a summit at which there was a great deal of tough talk, but no now those leaders have to actually do something. the schoolgirls are nigeria's seoul responsibilit sole responsibility. secondly, that declaration of war on boko haram. the leaders agree on borders to have joint patrols to seal those borders more effectively and even possibly to allow
bitcoins is a virtual currency. critics say it's risky because it can be erased. >>> next at 6:00, bring back our girls. a rescue mission for hundreds of schoolgirls kidnapped in nigeria. the security measures on the borders that may help bring them home. >>> plus, finally relief at the pump. gas prices starting to drop. we'll tell you where the cheapest place to fill up is in the bay area. >>> the pressure is on nigeria's president and other african leaders to take...
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May 20, 2014
05/14
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FBC
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the bitcoin community is looking at how to integrate bitcoin into these mobile payment systems, but financial services to populations of the world completely excluded from the financial community. stuart: why can't paypal with any other payments system operate in precisely the same way that have a pedigree that is better and more solid than bitcoin? >> paypal and ebay came out this week saying they are looking to integrate bitcoin into their payment process, bitcoin is decentralized, nobody owns it, paypal has owner and shareholders responsible to somebody but because bitcoin is centralized nobody owns it, you cannot discriminate which is a problem with the financial system. and access to it, for every reason they get to a bank, bitcoin, anyone can use it as long as they have access to the internet and raise a lot of people out of poverty. stuart: i am worried about the drug dealers and money launderers who i am told, and they have the bankruptcy of mount gawks in japan. are you sure that bitcoin is a solid operation on the up and up? >> i have written about this extensively, the bitcoin comm
the bitcoin community is looking at how to integrate bitcoin into these mobile payment systems, but financial services to populations of the world completely excluded from the financial community. stuart: why can't paypal with any other payments system operate in precisely the same way that have a pedigree that is better and more solid than bitcoin? >> paypal and ebay came out this week saying they are looking to integrate bitcoin into their payment process, bitcoin is decentralized,...
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May 15, 2014
05/14
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CNBC
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we ended upcoming up with a very different kind of bitcoin service because we approached bitcoin in a different way. much of the bitcoin world sees bitcoin as a new kind of currency that will displace existing currencies, a way around the federal reserve and government. and they haven't looked at it the way i did which is as a consumer phenomenon. what does a consumer have to get in order to work for them. the consumer wants their dollars which they already have and hold and use. they want their dollars to do what bitcoin does. they want it to be fast, cheap, easy to use. we brought a cloud based model to bitcoin and now you can hold dollar dollars, yen, in your own currency. >> because your model is to take a percentage in the transactions, how much better is this going to be for people than if they had just transacted over the internet, through bank, credit card companies, et cetera? >> what's interesting is that 99 and some percent of what some people do is not spending money in their own currency. any time when you spend in dollars or transfer in dollars or have a retailer connect
we ended upcoming up with a very different kind of bitcoin service because we approached bitcoin in a different way. much of the bitcoin world sees bitcoin as a new kind of currency that will displace existing currencies, a way around the federal reserve and government. and they haven't looked at it the way i did which is as a consumer phenomenon. what does a consumer have to get in order to work for them. the consumer wants their dollars which they already have and hold and use. they want...
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May 29, 2014
05/14
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FBC
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liz: we talked about bitcoin who is accepting it now? dish announced it will accept bitcoin as payment, overtaking overstock dot-com and zappos as the largest company to accept the digital currency. the satellite tv giant will work with coin base to satisfy digital transactions. david: jo ling kent is here with more details on the story. jo. >> dave, liz, the company announced this morning it will start taking bitcoin in the third quarter of this year. they will process payments and exchange bitcoin payments with u.s. dollars. the moment the transaction goes through in the tool called instant exchange. back in december, coin base doing very well raised $25 million in series b round led by andreessen horowitz. right now bitcoin trading down from its big high of $1,000 a few months ago. right now it is 568, 570. looking at numbers, dish has more than 14 million paying subscribers. as of december coin base saying it has about 600,000 consumer wallets. so that is where the potential is. now dish is joining other companies in accepting bitcoi
liz: we talked about bitcoin who is accepting it now? dish announced it will accept bitcoin as payment, overtaking overstock dot-com and zappos as the largest company to accept the digital currency. the satellite tv giant will work with coin base to satisfy digital transactions. david: jo ling kent is here with more details on the story. jo. >> dave, liz, the company announced this morning it will start taking bitcoin in the third quarter of this year. they will process payments and...
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May 29, 2014
05/14
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BLOOMBERG
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another breakthrough for bitcoin. bit television has agreed to let subscribers pay their bills with bitcoin. that will start in the third quarter. another missed major toward him and for tiger woods. he will miss next month's u.s. open while he recovers from back surgery. he has not played on the toward this early in march. in washington, the beat of the minimum wage from continues. today, seattle will take the first step to increase its wage to $16 an hour. yang yang has been following the minimum wage. i know you were also at mcdonald's during that fight at the shareholders meeting for higher wages. tell us the significance here in seattle and have a came to this. class i was in chicago. the minimum wage fight all across the country. it is a big day for seattle and for the workers. the minimum wage committee has a plan for 12:00 p.m. eastern and what they are considering is raising the minimum wage to $15 an hour, up from the washington state minimum of $9.32 an hour. to be phased in over seven years, at which point
another breakthrough for bitcoin. bit television has agreed to let subscribers pay their bills with bitcoin. that will start in the third quarter. another missed major toward him and for tiger woods. he will miss next month's u.s. open while he recovers from back surgery. he has not played on the toward this early in march. in washington, the beat of the minimum wage from continues. today, seattle will take the first step to increase its wage to $16 an hour. yang yang has been following the...
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May 4, 2014
05/14
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CSPAN2
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[laughter] >> well, bitcoin, the bitcoin defenders are saying if one bank that holds dollars goes out of business, it's not the dollars, it's the one bank. >> it's called the federal reserve. [laughter] you worked there. >> i'm well aware. half a billion -- >> better than anyone in the world. >> it's half a billion bitcoins that are gone, right? this weekend? is that right? >> [inaudible] >> 6%. yeah. >> so -- >> how are digital currencies going, jared? >> there's a few ways to look at this, one, i think we typically made bitcoin synonymous with clip to currency -- >> fair enough. >> i think the question you have to ask is, is it here to stay, and i think the answer is yes. the second question is how long will unregulated crypto currentlies last? >> we just ask sheryl this? when is the u.s. going to step in and regulate this? >> i don't know. honestly, i don't know. there was a really good article, i forget who wrote it, but they explained bitcoins, and they said bitcoin's for school children. and it said i have an apple, i give you the apple. you give me whatever for the apple. now i
[laughter] >> well, bitcoin, the bitcoin defenders are saying if one bank that holds dollars goes out of business, it's not the dollars, it's the one bank. >> it's called the federal reserve. [laughter] you worked there. >> i'm well aware. half a billion -- >> better than anyone in the world. >> it's half a billion bitcoins that are gone, right? this weekend? is that right? >> [inaudible] >> 6%. yeah. >> so -- >> how are digital currencies...
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May 9, 2014
05/14
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CNBC
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because you yourself are a bitcoin believer? >> well, look, as somebody who runs for political office, i'm a believer in accepting help from those who want to help me and if some of them support my work in support of digital currencies and use digital currencies they ought to be able to support me with digital currencies. >> the reason i ask because of your background. you were an internet entrepreneur and you have a number of businesses related to the cloud and sitlycon valley. i wouldn't be surprised to hear you are a supporter yourself. >> we've been doing development work, getting ready for the decision, ready to go live within hours to accept it. i exhibited bitcoin atms in congress and have been working on raising the awareness of my colleagues with regards to digital currencies. >> the one thing is, there are risks associated with digital currencies. about a month ago eric holder did say he's worried about bitcoin and the potential illegal activity that it could help facilitate drug trafficking, money laundering. are you
because you yourself are a bitcoin believer? >> well, look, as somebody who runs for political office, i'm a believer in accepting help from those who want to help me and if some of them support my work in support of digital currencies and use digital currencies they ought to be able to support me with digital currencies. >> the reason i ask because of your background. you were an internet entrepreneur and you have a number of businesses related to the cloud and sitlycon valley. i...
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May 27, 2014
05/14
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CNBC
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bitcoin keys. bitcoin titles and all these different kinds of applications of financial services. and that process is just starting and it's a five to ten-year process. >> is it true that you tweet in your pajamas drinking scotch? you go on these massive twitter tarades which you're infamous for. i'm trying to get a visual how a leader in technology using technology? >> i said hypothetically. i didn't say specifically i had ever done that. >> all right. marc, thanks so much for joining us. the founder of andreessen. we're going to continue talking with marc and get his top trend investments today. >> great interview. never drink and tweet. i think we all know that. >> that's true. that's a psa, public service announcement. don't drink and tweet. >> thanks a lot. did you see that three-month chart of some of his portfolio companies. down like 45%, 35%. it was interesting said we're slow money. we've got a ten-year outlook here. >> he also said in five years you're entire world has changed dramatically. it's not as if the market doesn't begin to price in some sense that companies ca
bitcoin keys. bitcoin titles and all these different kinds of applications of financial services. and that process is just starting and it's a five to ten-year process. >> is it true that you tweet in your pajamas drinking scotch? you go on these massive twitter tarades which you're infamous for. i'm trying to get a visual how a leader in technology using technology? >> i said hypothetically. i didn't say specifically i had ever done that. >> all right. marc, thanks so much...
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May 21, 2014
05/14
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KNTV
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. >>> politics 2.0 localing to your local politician via bitcoin. he's one of the few politicians around the country that's accepting bitcoin which is the virtual currency. earlier this month the federal election commission voted to allow bitcoin political donations. >>> here is another sign it's election season. joe biden is paying a fund raiding visit to the bay area. a week from tomorrow he'll attend an afternoon reception. the priciest ticket to meet the vice president is 10,000 bucks. it's very intimate with attendance capped at 50 people. >>> we separated a space scientist who spent decades to make a big discovery. >> richard vogh is an undergraduate. not only does neither of them yet have a college degree, michael has taken a sum total of one astrophysics class. that didn't stop them for shooting from the stars and finding them. >> reporter: they're no longer made looking at an observatory. they are made crunching numbers on a computer. it's why within assistant san jose state physics and astronomy professor wanted to teach an eager student h
. >>> politics 2.0 localing to your local politician via bitcoin. he's one of the few politicians around the country that's accepting bitcoin which is the virtual currency. earlier this month the federal election commission voted to allow bitcoin political donations. >>> here is another sign it's election season. joe biden is paying a fund raiding visit to the bay area. a week from tomorrow he'll attend an afternoon reception. the priciest ticket to meet the vice president is...
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May 15, 2014
05/14
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KICU
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despite some bad press-- bitcoin is becoming an accepted form of payment at a canadian nudist colony. bare oakes family naturist park near toronto says the privacy of bitcoin actually provides reassurance for families whose bitcoins will be held locally in the park's bare boutique. ...since they don't have pockets. still to come: it's godzilla versus the critics...find out who wins in movies and money. plus... are the days of waiting in fast food lines over? and... bill moller explores how to develop a business with an edge. but first, there's a new national holiday on the calendar, and this one celebrates a snack food that may become a staple in the american lifestyle. find out more in today's in the know message. real issues they're dealing with can be awkward and uncomfortable. but when their behavior changes, it's time to act. because if we don't, our families and relationships will suffer. listen to the veterans in your life and show you care. it matters. when you recognize a veteran is in crisis, call the veterans crisis line at 1-800-273-8255 and press "1". more than half of al
despite some bad press-- bitcoin is becoming an accepted form of payment at a canadian nudist colony. bare oakes family naturist park near toronto says the privacy of bitcoin actually provides reassurance for families whose bitcoins will be held locally in the park's bare boutique. ...since they don't have pockets. still to come: it's godzilla versus the critics...find out who wins in movies and money. plus... are the days of waiting in fast food lines over? and... bill moller explores how to...
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May 12, 2014
05/14
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KICU
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the winklevoss twins hope to take the bitcoin, mainstream. the twins, famous for their legal battle for facebook, hope to list a bitcoin exchange- traded-fund on the nasdaq. it would be the first etf to track a virtual asset. the two are high-profile backers of the virtual currency, which has faced heavy criticism from regulators. in march-- the largest bitcoin exchange in the world, mt gox, lost millions of dollars in investor money, after a hack attack. the u.s. postal service is delivering a $1.9 billion dollar loss.. it's the 20th loss in 22 quarters. the postal service is not funded by taxpayers-- but is under congressional control. which requires the post office to prefund benefits for retirees.. postal managers want lawmakers to change laws so that upgrades can be made to save money. for the quarter operating income rose 2.3% as the agency cut costs. first class mail volume slipped 4.1% while .. shipping and packaging rose 7.3%. a change in the american wallet. people are carrying less cash. eight in ten americans carry less than 50 do
the winklevoss twins hope to take the bitcoin, mainstream. the twins, famous for their legal battle for facebook, hope to list a bitcoin exchange- traded-fund on the nasdaq. it would be the first etf to track a virtual asset. the two are high-profile backers of the virtual currency, which has faced heavy criticism from regulators. in march-- the largest bitcoin exchange in the world, mt gox, lost millions of dollars in investor money, after a hack attack. the u.s. postal service is delivering a...
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May 30, 2014
05/14
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KICU
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dish network is the latest company to accept bitcoins for payments. starting july 1st, customers can make payments through mydish, an instant exchange feature that changes bitcoins to u.s. dollars. retailers including overstock.com, virgin america and others already accept bitcoin. coming up... a trader looks for sweet profits from a doughnut stock... and after the break. it's our friday favorite traders unplugged... with the guys breaking down a british invasion! stay with us! ÑioczÑz!ioczÑz"ioczÑioczÑz$ioczt a short trading week means our traders should be rarin' to go for this week's traders unplugged. from the floor of cme group-- alan knuckman and scott shellady up close and personal and ready to go a few rounds... good morning and round number one: ceo pay raise. median ceo pay reaches $10 million per year. what company would you invest in that pays its ceo just $1? alan: well there's only a handful and they do that obviously for symbolism here. they still get stock bonuses. the one i like is whole foods. whole foods is-- nothing is on sale
dish network is the latest company to accept bitcoins for payments. starting july 1st, customers can make payments through mydish, an instant exchange feature that changes bitcoins to u.s. dollars. retailers including overstock.com, virgin america and others already accept bitcoin. coming up... a trader looks for sweet profits from a doughnut stock... and after the break. it's our friday favorite traders unplugged... with the guys breaking down a british invasion! stay with us!...
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May 29, 2014
05/14
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CNBC
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for bitcoin. >> great news for bitcoin. it hasn't done anything for dish. and in an interesting dynamic. if you look at bitcoin, up 65% since april 19th lows. there are clearly some people that are, you know, think the momentum is being gained back. and when companies like this are listening, this is a technologically, at least, focused company. their employees are saying we want you to do this, they're doing it. it's interesting, doesn't get me to go out and buy bitcoin, i wish i did on april 19th. >> i thought the endorsement was much bigger -- >> yeah. >> are you trying to use your novelist coin from various vendors. >> i was trying to figure out -- >> how to pay. put it in the vending machine? >> bar code? >> yes. >> he'll have to give you a tutorial. >>> shares of blackberry soaring on the ceo's comments last night. he said there's now an 80/20 chance turn around of the company. back in november he said the recovery odds were only 50/50. time for a street fight. 90 seconds. make your case. do
for bitcoin. >> great news for bitcoin. it hasn't done anything for dish. and in an interesting dynamic. if you look at bitcoin, up 65% since april 19th lows. there are clearly some people that are, you know, think the momentum is being gained back. and when companies like this are listening, this is a technologically, at least, focused company. their employees are saying we want you to do this, they're doing it. it's interesting, doesn't get me to go out and buy bitcoin, i wish i did on...
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can use their bitcoins to pay but i don't get the big coins i get dollars c. really accepting big quine's pay is accepting bitcoins and they're turning around and giving me dollars so my customers gets a pay with bitcoin that i get dollars which of course is what i need because i got to pay my rent i got to pay my salaries i got to pay all my other expenses and my taxes so i need dollars when i'm running a business in the united states i don't need because. now palladium is up the highest since twenty eight eleven so are you keen on that medal. well i'm pretty much keen on all metal and we've had a very very big run in palladium recently we we've had big runs and palladium before it's historically a very volatile metal so i don't know if i be plowing into palladium just now you know when you've had this big spike up maybe i've been you know advocating platinum for some time that started to move for a while platinum was actually priced under gold and i thought you know that was a particularly attractive buying opportunity for platinum but you know i am bullish
can use their bitcoins to pay but i don't get the big coins i get dollars c. really accepting big quine's pay is accepting bitcoins and they're turning around and giving me dollars so my customers gets a pay with bitcoin that i get dollars which of course is what i need because i got to pay my rent i got to pay my salaries i got to pay all my other expenses and my taxes so i need dollars when i'm running a business in the united states i don't need because. now palladium is up the highest since...
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they've already used the language to equate bitcoin with terrorism so we're going to just take money out of your account so first of all any money in a bank any of the big four banks in the u.k. or in the u.s. or in europe that's all it can only keep money in those banks that you're willing to liz that's lesson number one lesson number two if you want to maintain your wealth going forward by wealth i mean economic sovereignty against the pernicious plutocratic kleptocrat crat nightmare it's got to be held outside of a bank in a vault in gold in solver aren't bitcoin or another like lot of crypto currency now mark we've got about a minute left different countries of course are approaching this bail and scenario differently can it give us a little idea of what's country is and how far along they are in which is the worst and which is becoming the worst we've got about a minute left guy that. can say the worst i mean in terms of the snow i was the same scenario everywhere in terms of being more advanced would legislation in the us and european union seem to be more advanced but it is in
they've already used the language to equate bitcoin with terrorism so we're going to just take money out of your account so first of all any money in a bank any of the big four banks in the u.k. or in the u.s. or in europe that's all it can only keep money in those banks that you're willing to liz that's lesson number one lesson number two if you want to maintain your wealth going forward by wealth i mean economic sovereignty against the pernicious plutocratic kleptocrat crat nightmare it's got...
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May 28, 2014
05/14
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BLOOMBERG
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what can we buy with bitcoin based on who you are interviewing? >> right now you can't buy anything on my show, but there are perhaps some luxury goods with bitcoin, some luxury retailers except that. hongou can't do that in kong at the most expensive street in the world. you go to hong kong often, but there is russian street, and it is jampacked not just with people but with luxury stores that make it 20, 30, 50, $100 million in sales and it passed fifth avenue as the world's most expensive street. i luxuryll you retailers want to be on that particular street. that is coming up and also, the head of douglas retail group tells us, 5th avenue is coming back. >> how does this differ from what we see on 5th avenue? >> in many ways it is very similar. however, one big difference is that fifth avenue still has a few more higher end stores. top,are at the top of the and sometimes being there, even if you move money on 5th avenue, this is a great advertiser for any retailer. >> there you go. >> you have a lot coming up. up, the bid for allegin --is this
what can we buy with bitcoin based on who you are interviewing? >> right now you can't buy anything on my show, but there are perhaps some luxury goods with bitcoin, some luxury retailers except that. hongou can't do that in kong at the most expensive street in the world. you go to hong kong often, but there is russian street, and it is jampacked not just with people but with luxury stores that make it 20, 30, 50, $100 million in sales and it passed fifth avenue as the world's most...
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May 15, 2014
05/14
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BLOOMBERG
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. >> bitcoin might be the new gold. i think bitcoin makes even less sense. at least gold is tangible. it be the case that if the world goes to hell that gold is good for anything? >> that's the whole reason people are buying bitcoin. it's the same mentality. it's a backup against governments that don't work. who supportpeople bitcoin are libertarians were concerned over the economic stimulus. currency some form of that is not manipulated foreign governments. there is a lot of interest in bitcoin. gold has been around for 5000 years. gold will never be worth zero. if you invest in lehman brothers stock, you took a huge hit. bonds,f you invested in you took a big haircut. gold might go down, but it will never be zero. >> thank you for joining us. >> economists are gaining celebrity status. why they appeal to the ma sses. which of the freakonomics team focus on next? ♪ >> it is 13 years on. the president of the united states will be in lower manhattan to dedicate the building in the background in front of the new museum. you can see the names on the black mar
. >> bitcoin might be the new gold. i think bitcoin makes even less sense. at least gold is tangible. it be the case that if the world goes to hell that gold is good for anything? >> that's the whole reason people are buying bitcoin. it's the same mentality. it's a backup against governments that don't work. who supportpeople bitcoin are libertarians were concerned over the economic stimulus. currency some form of that is not manipulated foreign governments. there is a lot of...
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May 20, 2014
05/14
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. >>> a bay area company is buying into bitcoin. the san jose earthquakes want to boot it into the mainstream. they will accept bitcoin when the new stadium opens next year. fans won't have to bring cash or credit cards, just the bitcoin virtual wallet on their smartphones. they can buy food, tickets and souvenirs. >> it's accepted online a lot but not accepted in the real world. our stadium and this experience could be a real bridge for people to see how it's used in the real world. >> the sacramento kings allow fans to use bit coin for buying tickets online. >>> the race horse can breathe easy. he can race with his nasal strips. race yes fissions agreed to allow the race horse to wear its nasal strip in the belmont stakes. it probably doesn't help the horse too much physically, since any athlete or the horse breathes through the mouth during vigorous exercise. no horse has won the triple crown since 1978. you can watch it right here on nbc bay area on june 7. >>> now a story you will see only on nbc bay area news. take school buse
. >>> a bay area company is buying into bitcoin. the san jose earthquakes want to boot it into the mainstream. they will accept bitcoin when the new stadium opens next year. fans won't have to bring cash or credit cards, just the bitcoin virtual wallet on their smartphones. they can buy food, tickets and souvenirs. >> it's accepted online a lot but not accepted in the real world. our stadium and this experience could be a real bridge for people to see how it's used in the real...
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now i have maintained for years that the way that the interest all of us will attempt to stop bitcoin is by claiming patent protection the same way that hollywood claims copyright protection so that's that's going to be their offensive western union of course which is it stands to be the huge loser because you can move money or overseas using big coin for a fraction of for almost virtually no money no cost to whatsoever so western union would be distant to mediate it out of existence they've now taken the route as i see it as i perceive it going down the path of patent troll patent trolling to try to stop this revolution from happening they will fail of course we're actually going to go into something similar like that but first i want to talk about this other usa today had by the accidentally made it to the front pages insiders get rich on i.p.o.'s masses lose so their rent two hundred forty two i.p.o.'s in the past twelve months alone and investors who got the i.p.o. price are up still twelve point three percent but it's an entirely different story for the masses though who typicall
now i have maintained for years that the way that the interest all of us will attempt to stop bitcoin is by claiming patent protection the same way that hollywood claims copyright protection so that's that's going to be their offensive western union of course which is it stands to be the huge loser because you can move money or overseas using big coin for a fraction of for almost virtually no money no cost to whatsoever so western union would be distant to mediate it out of existence they've...
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May 21, 2014
05/14
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. >>> bitcoin getting a higher political profile from gavin newsom. as mayor of san francisco you may remember he opened the door to same-sex marriage back in 2008, performing the first ceremony himself. now as he runs for lieutenant governor he is breaking from the pack becoming one of the few politicians accepting bitcoin. that's the virtual currency. earlier this month, the federal commission voted unanimously to allow bitcoin for political donations. >>> new information on the vice presidential visit next week. he will visit a power couple. minimum donation to attend? $500. the priciest ticket? $10,000. it is being billed as an intimate little gathering with the attendance capped at 50 people. >>> the 11-year-old girl from the peninsula swinging her way into the record books. she's making national headlines. what this doll face has never done before. >> it was the most egregious violation of standard protocol i've ever encountered in 35 years. >>> it is one of the bay area's most toxic sites, but some claim it's been botched. >>> and a big rig cau
. >>> bitcoin getting a higher political profile from gavin newsom. as mayor of san francisco you may remember he opened the door to same-sex marriage back in 2008, performing the first ceremony himself. now as he runs for lieutenant governor he is breaking from the pack becoming one of the few politicians accepting bitcoin. that's the virtual currency. earlier this month, the federal commission voted unanimously to allow bitcoin for political donations. >>> new information on...
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May 8, 2014
05/14
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CNBC
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we just learned that the bitcoin trust will trade on the nasdaq. cameron and tyler winklevoss known for their association with facebook and advocates of bitcoin. creating this bitcoin atf. now we know it will list on the nasdaq. melissa. >> thank you very much. kay spade some unusual activity. and dan made his way over to the action. >> this is a stock that never seen an options trade in the market. there was an options trade that was basically three times an open interest in the stock here. what this trader did -- it was probably a big investor. they looked out to july and bought 10,000 of the july 33/40 1 x 2 call spread. they sold a million shares of stock when they made that position. it could have been a long holder of kate spade replacing a million shares with an options trade that gives them an economic interest between $45.50. if you look at the chart. they're trying to isolate that high strike at $40 here. that's where they want the stock to go on july expiration. if that happens, they can maybe up to $4.55. they're using this right here.
we just learned that the bitcoin trust will trade on the nasdaq. cameron and tyler winklevoss known for their association with facebook and advocates of bitcoin. creating this bitcoin atf. now we know it will list on the nasdaq. melissa. >> thank you very much. kay spade some unusual activity. and dan made his way over to the action. >> this is a stock that never seen an options trade in the market. there was an options trade that was basically three times an open interest in the...
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well america talk is one of the intellectual power houses behind the bitcoin movement forbes recently identified them as one of the big coin guys to most likely achieve billionaire status if he cared about billion i've seen i mean tacky throw a billion dollars into the times as it were the good coins and just not even think about of course he's beyond money he's beyond even this world so his words i take seriously and he is obviously point to the fact that the free up money system of the dollar is compared to bit coy you know what's the word we can is crap well again usa today viewers and readers one of the number one read newspapers. and hotels around the world just like the kaiser report is the number one watched television show around the world is only these people who travel are in hotels around the world airports around the world that are going to have the sort of information about bitcoin watching us reading usa today right will have some other big quite interesting because news if you're interested. it's kind of a sideline. go ahead well i noticed the member a few months ago j.
well america talk is one of the intellectual power houses behind the bitcoin movement forbes recently identified them as one of the big coin guys to most likely achieve billionaire status if he cared about billion i've seen i mean tacky throw a billion dollars into the times as it were the good coins and just not even think about of course he's beyond money he's beyond even this world so his words i take seriously and he is obviously point to the fact that the free up money system of the dollar...
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May 9, 2014
05/14
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CNBC
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another regulatory measuring how we spent bitcoin? >> pretty much. >> the whole thing is ridiculous. you're not a fan. >> i mean, i don't think it's a currency. it is certainly an art form and people are passionate about it. but it's not a currency. >> there you have it. >>> up next, when it absolutely has to be there the same day. we put two companies to the test on same-day delivery wars. the results are tphebgts. tdd#: 1-800-345-2550 there are trading opportunities tdd#: 1-800-345-2550 just waiting to be found. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 bring what inspires you tdd#: 1-800-345-2550 out there... in here. tdd#: 1-800-345-2550 out there, tdd#: 1-800-345-2550 there are stocks on the move. tdd#: 1-800-345-2550 in here, streetsmart edge has tdd#: 1-800-345-2550 chart pattern recognition tdd#: 1-800-345-2550 which shows you which ones are bullish or bearish. tdd#: 1-800-345-2550 now, earn 300 commission-free online trades. tdd#: 1-800-345-2550 call 1-888-648-6021 tdd#: 1-800-345-2550 or go to s
another regulatory measuring how we spent bitcoin? >> pretty much. >> the whole thing is ridiculous. you're not a fan. >> i mean, i don't think it's a currency. it is certainly an art form and people are passionate about it. but it's not a currency. >> there you have it. >>> up next, when it absolutely has to be there the same day. we put two companies to the test on same-day delivery wars. the results are tphebgts. tdd#: 1-800-345-2550 there are trading...
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as the only crowdfunding platform really that does accept bitcoin at this point and so that will fit right into the project i want to ask you about a report that came out last week it was done by an analyst who's a wall street analyst who put out a sell recommendation on apple computer on ethical and moral reasons he was talking about the fact that slave labor in china should not be condoned by anyone investing in apple computer so suddenly this idea that corporations have to be accountable is working its way into the wall street research mix is this a healthy thing is just part of it is part of what you're involved with ken which is a sea change in how people view companies we absolutely i went to jail for scrutinizing apple's products and apple has been at the forefront on a on the war on general computation which is this this agenda that the powerful have to shut down not only the internet but our right to run an arbitrary come program on our computers apple is part of this slow process where people are being filed into these neat little app stores where they can only run an appli
as the only crowdfunding platform really that does accept bitcoin at this point and so that will fit right into the project i want to ask you about a report that came out last week it was done by an analyst who's a wall street analyst who put out a sell recommendation on apple computer on ethical and moral reasons he was talking about the fact that slave labor in china should not be condoned by anyone investing in apple computer so suddenly this idea that corporations have to be accountable is...
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May 30, 2014
05/14
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CNBC
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gentlemen, another chart for you, stocks and bonds, how about bitcoin. a while since we checked this. this is the i told you so. >> super. >> oh, boy. here we go. >> bitcoin has staged a pretty nice little rally over the last few weeks. back up above $600. dish network saying it's going to accept payments for customers. david faber, dish network, a reputable company you cover, is going to take bitcoin. >> not fully clear is this is is a great advance for bitcoin but incrementally of importance. >> overstock. virgin. >> i'm not a disbeliever. you know that. >> i know i appreciate it. we have two disbelievers on the other side. >> that's fine. there are many out there. having been out and spoken to any number of people, there is a great case to be made. maybe not today or tomorrow. >> more about the underlying technology of this. >> not bitcoin in particular. >> i would agree there, that people are really into the block chain and the fact that it takes costs out of money transactions and you see that with more retailers. >> until it drives visa and masterc
gentlemen, another chart for you, stocks and bonds, how about bitcoin. a while since we checked this. this is the i told you so. >> super. >> oh, boy. here we go. >> bitcoin has staged a pretty nice little rally over the last few weeks. back up above $600. dish network saying it's going to accept payments for customers. david faber, dish network, a reputable company you cover, is going to take bitcoin. >> not fully clear is this is is a great advance for bitcoin but...
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zation wins well i'm here tacky who's been a very early advocate of bitcoin and he tweeted this photo of the metrics of the u.s. dollar versus any of the other all coins u.s. government has a one hundred percent monopoly on mining mining algorithm eight white guys block reward exponentially increasing ad infinitum double spending institutionalized by banks security proof of violence transaction confirmation time slower than snail mail. well america talk is one of the intellectual power houses behind the big coin movement forbes recently identified them as one of the big coin guys to most likely achieve billionaire status if he cared about billion i've seen i'm your tacky throw a billion dollars into the times were the good coins and just not even think about a twice he's beyond money he's beyond even this world so his words i take seriously and he is obviously point to the fact that the money system of the dollar is compared to bit coy you know what's the word we can is crap well again usa today viewers and readers one of the number one read newspapers and hotels around the world just
zation wins well i'm here tacky who's been a very early advocate of bitcoin and he tweeted this photo of the metrics of the u.s. dollar versus any of the other all coins u.s. government has a one hundred percent monopoly on mining mining algorithm eight white guys block reward exponentially increasing ad infinitum double spending institutionalized by banks security proof of violence transaction confirmation time slower than snail mail. well america talk is one of the intellectual power houses...
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May 17, 2014
05/14
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CSPAN
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shows aboutntire bitcoin. there have been shows here and about what should be driving bitcoin. but that's a clear example. chart,pull up any they're all over the internet. just type it into google. you'll see any chart of the asset value. bitcoin. it bounced around in a low range for a while. over the last year you've seen these incredible spikes in bitcoin values that are just .efy logic there are people who believe that this is the wave of the future that you're going to have currency that's driven by knock more than the people it and are driving its value. host: it took a hit, right? hit.: a huge but it is still inflated beyond would have expected a few years ago when it's bitcoin isn if around $10 in value and it goes trading,000, an if at $100, it's a ridiculous asset value for something unproven and new.ely that's a big question about these things. when something comes crashing down, is it back in its original value or still over valued at that point? make a determination of this. nothing more than a measure of what you can -- based on what you can buy with it. that's wha
shows aboutntire bitcoin. there have been shows here and about what should be driving bitcoin. but that's a clear example. chart,pull up any they're all over the internet. just type it into google. you'll see any chart of the asset value. bitcoin. it bounced around in a low range for a while. over the last year you've seen these incredible spikes in bitcoin values that are just .efy logic there are people who believe that this is the wave of the future that you're going to have currency that's...