News About Bitcoin | 2019-02-07

[lordoftheflies]

I do think Bitcoin is the first that has the potential to do something like change the world. ~ P. Thiel

The plot to revive Mt. Gox and repay victims' Bitcoin| Josh Constine

It was the Lehman Brothers of blockchain. 850,000 Bitcoin disappeared when cryptocurrency exchange Mt. Gox imploded in 2014 after a series of hacks. The incident cemented the industry’s reputation as frighteningly insecure. Now a controversial crypto celebrit…

It now costs more to make bitcoin than the cryptocurrency is worth|

Producing a single bitcoin now costs $4060 on average, but it is currently valued at less than $3500

Trading on Sentiment: How Crypto Hedge Funds Can Use AI to Achieve Alpha|

As Nobel winner Robert Shiller put it, “Bitcoin is a social phenomenon," and that's why more crypto hedge funds need to trade on sentiment.

Bitcoin-Hating Ex Starbucks CEO Howard Schultz Mulls US Presidency, Backs Blockchain| Samantha Chang

Billionaire Howard Schultz ― the bitcoin-bashing former CEO of Starbucks ― is considering running for US president because he's disgusted with the bitter political gridlock he sees today. Schultz announced on Twitter that he would run as a "centrist independe…