jueves, 28 de noviembre de 2013

Octonary oblivion...






Happy Thanksgiving to my US family and friends and of course all of our transatlantic cousins as well. Tommorrow is Black Friday and no doubt billions will be spent in the shops. One man who won't be celebrating Thanksgiving - probably because he's Welsh and in Wales and is more worried about looking like a turkey rather than eating one tonight - is James Howells from Newport who is desperately digging through rubbish to find his old computer hard drive which he threw away earlier this year. The reason? It contains 7,500 bitcoins now (Thursday 6:50pm GMT) worth over 8 million US dollars. Not quite in the Top 100 but he'd better get a move on: yesterday Zerohedge posted some scary charts that could point to a not unfamiliar fall. And, in agreement with ZH, as one comment HERE says, most Bitcoin owners are just speculating ON the currency and not actually using it as a currency. That spells "bubble".




Update: bursting...

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