investing

Bitcoin buyers throw good money after bad

Posted August 29th, 2011 by phonon
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The issue is whether Bitcoin will ever be so widely adopted that it acts like a real, stable currency. Right now, it’s more like a commodity with wild price swings on rumors, articles, anonymous chat-board postings, and well-publicized problems with theft. Most people should wait at least until those issues are resolved. Generally, however, average folks shouldn’t be making direct forays into currency trading; Bitcoin feels a bit like online investing, but it’s more like diving into foreign exchange with even less information on which to make currency calls.

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30 Ben Bernanke Quotes About the Economy

30 Quotes from Ben Bernanke over the past several years showing his view of the economy and just how far off the mark he has been. Enjoy!

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Gold-to-Go Vending Machines Are Coming to the U.S.

Posted October 24th, 2010 by loungedaddy
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“Originally designed as a marketing device for an online gold trading business,” according to the Guardian, “the machines have become such a success that their inventor plans to build a global network, installing them everywhere from fitness centres to cruise ships.”

Gold-to-Go machines have since began operating in luxury hotels in Abu Dhabi, Bergamo and Madrid as well as around Germany in Sept. Next month the first machines will open in the United States, in Las Vegas and Boca Raton, Florida.

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