Bitcoin Rising: Will it Take More than Movies and Crises?

Bitcoin Rising: Will it Take More than Movies and Crises?

It is commonly said that the Cypriot financial crisis of 2013, in which the Central Bank literally emptied the bank accounts of everyday people, is responsible for the first serious rise in the price of Bitcoin. In response to the forced closure of one of the Cypriot banks and the emptying of thousands of bank accounts, an unprecedented move, the price of Bitcoin jumped from the low double digits to over $150 in a matter of hours. A rise in price of any asset only means one thing: growing demand. Here is a short film that was released right after the events. Major Events or Normal Events?....


Related News

How Fed Tapering, Energy Crises And China Blackouts Will Impact Bitcoin

Potential Federal Reserve tapering, blackouts in China and global energy crises are sending markets into turmoil. How does bitcoin fit in?

Famous Movies...with Bitcoin

Movies without bitcoin? Snore! Unfortunately the entire corpus of feature films lacks cryptocurrency. But imagine if this weren't the case. Thankfully, I've rewritten the plots of some famous movies to account for bitcoin. How do things change? Marty McFly didn't have a Coinbase wallet, and White Castle doesn't accept bitcoin... But what if? Back to the Future Part IIWithout Bitcoin: In the future, Marty McFly purchases Grays Sports Almanac. Doc admonishes him for attempting to profit from time travel. Distracted by the police, Doc and Marty unwittingly leave the almanac in the reach of....

Bitcoin Versus The Great Financial Bubbles Of The Past

The previous crises are actually quite different from what we are currently experiencing if we examine history.

Winklevoss Twins: Bitcoin is Better at Being Gold Than Gold

In a televised interview, the Winklevoss Twins state that bitcoin is more stable than gold as a store of value, opining that investors are starting to look at storing their wealth in the cryptocurrency. The Winklevoss Twins are understandably going through a press-tour, plugging their Gemini exchange which began operations in Canada yesterday. Speaking to Bloomberg in an interview, the twins vouch for bitcoin as a better store of value than gold, noting that investors who hold precious metals in their portfolio are considering bitcoin as a better store of value. Cameron Winklevoss opined....

Acclaimed digital artist & Beeple collaborator Alberto Mielgo announces NFT drop

Known for his work with the Gorillaz, Spider-Man, and LOVE DEATH AND ROBOTS, the Emmy award-winning artist is preparing a NFT drop You might not know his name, but you've probably seen his work.For years Alberto Mielgo has been producing digital art for movies, television, and commercials. Notable works include an episode of Netflix’s LOVE DEATH AND ROBOTS (for which he and his 70-plus man team won multiple Emmys), music videos for The Gorillaz, and Spider-Man: Into the Spider-Verse, where he collaborated with NFT digital-art-turn-high art sensation Beeple. Given the success of his former....