Trending

Filed under: News | Technology News

 

Winklevoss Twins are Big in Bitcoins

The Winklevoss Twins are back in the headlines. The pair is well known from their fight with Mark Zuckerberg over the Facebook idea. Now they are big Bitcoin moguls.

Apr 12 2013, 7:00am CDT | by

1 Updates
Winklevoss Twins are Big in Bitcoins
 
 

YouTube Videos Comments

Full Story

Winklevoss Twins are Big in Bitcoins

The virtual currency Bitcoin is making big waves these days. After a huge rally the Bitcoin has hit an all time high of over $266. Then yesterday it dropped by about 50%. The Winklevoss Twins are not moved by this crazy volatility and actually bought more. According to New York Times, the Winklevii own about Bitcoins at the value of $11 million.

Bitcoin was created by an anonymous Japanese person or group. To earn Bitcoins you need to solve mathematical riddles. Bitcoins can be traded on several exchanges.

If Bitcoin really will the future government independent currency remains to be seen. I am pretty sure that governments will step in when Bitcoin reaches a size that it will really compete with traditional currencies.

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

Comments

blog comments powered by Disqus

Latest stories

Five former Buffalo Bills cheerleaders sue for back pay and more
Five former Buffalo Bills cheerleaders sue for back pay and more
Buffalo Jills cheerleaders sue the Buffalo Bills
 
 
Rumer Willis cut out dress shows off pink undies
Rumer Willis cut out dress shows off pink undies
Revealing dress leaves little to the imagination
 
 
AT&amp;T is winning customers for its No-contract phones
AT&T is winning customers for its No-contract phones
No-contract phones help AT&T win big in Q1 2014
 
 
Judge OKs Bradley Manning name change to Chelsea
Judge OKs Bradley Manning name change to Chelsea
Manning wants the army to provide hormone replacement therapy
 
 
 

The Hottest Photos of Victoria's Secret Fashion Show 2013