Menu
Miss America 2015 is Miss New York Kira Kazantsev

Miss America 2015 is Miss New York Kira Kazantsev

Xbox 360 Holiday Bundles Revealed

Xbox 360 Holiday Bundles Revealed

Iggy Azalea Sex Tape Controversy Heats Up

Iggy Azalea Sex Tape Controversy Heats Up

Batman v Superman Director Reveals Movie Scene

Batman v Superman Director Reveals Movie Scene

Paris Hilton just bought the Cutest and Smallest Dog

Paris Hilton just bought the Cutest and Smallest Dog

Winklevoss Twins are Big in Bitcoins

Apr 12 2013, 7:00am CDT | by

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.

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

New Moto X pre-orders in the US will kick off on September 16
New Moto X pre-orders in the US will kick off on September 16
Motorola is also taking orders for Moto Hint wireless headset, as well as the Motorola Turbo Charger
 
 
Peyton Manning Gives Julius Thomas Earful During KC Chiefs Game
Peyton Manning Gives Julius Thomas Earful During KC Chiefs Game
Denver Broncos quarterback Peyton Manning chewed out his tight end, Julius Thomas, after the latter ran the wrong route during the third quarter of Denver's 24-17 win over the Kansas City Chiefs on Sept. 14.
 
 
Robert Griffin III Has Dislocated Left Ankle
Robert Griffin III Has Dislocated Left Ankle
Washington Redskins quarterback Robert Griffin III suffered a dislocated left ankle injury during his team's 41-10 win over the Jacksonville Jaguars on Sunday. A return this season has not been ruled out.
 
 
Richard Sherman 'Exposed' by San Diego Chargers
Richard Sherman 'Exposed' by San Diego Chargers
The San Diego Chargers claim Pro Bowl cornerback Richard Sherman was "exposed" after their 30-21 win over the Seattle Seahawks on Sept. 14.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.