Here we go again, another new reason to begin planning the funeral of Bitcoin. I am not sure why Bitcoin has so many antagonists, but they just thrive on bad news about the digital currency. Each time there is a negative news item, or a drop in the price of Bitcoin, they just can't wait to begin their 'I told you so commentaries.' Within mere minutes they begin to bask in the glow of their Bitcoin is dead pronouncement and then the digital currency makes yet another comeback. So, here we go again... and it is very fun to watch.... Read more →


Someone has taken the concept of digital currency to a new level by backing it with gold and silver. Virtually all cryptocurrencies derive their value from an underlying mathematical algorithm. NoFiatCoin, which recently launched and is currently valued at $8.50 per unit, offers the added value of being partially backed by physical gold and silver. What also caught my attention is that that NoFiatCoin will trade exclusively on the Ripple platform. As many of our readers already know, I am convinced that Ripple XRP is positioned to be a very strong player in the digital currency space. The Ripple trading... Read more →


One of the most popular topics on the blog this year has been Bitcoin. Many of you already know my own story of putting $20 in Bitcoin in October of 2012 and watching it grow to be worth $1,400. Now that the whole idea of virtual currency has really caught on, I wanted to investigate what other opportunities might be available. I have been hearing a lot of buzz about a new virtual currency called Ripple. In fact, many believe that Ripple is the next Bitcoin. To read my past articles on Bitcoin, click here. Check out the 48 minute... Read more →


Many of you know that with the explosion of Bitcoin there have been some significant changes in buying and selling. On my video course, which was filmed live back in the spring of 2013, we suggested using BitInstant.com. Due to volume and regulatory issues, BitInstant is no longer accepting new purchase orders (although we understand that they will be back online soon). As a result, we are suggesting the following new procedure: 1. Go to www.blockchain.Info and set up a free wallet. A wallet is simply an online means of securing and storing your password and log in credentials. 2.... Read more →


From $12 To $900 In One Year, Why It's Not Too Late To Buy Bitcoin

I decided to take a serious look at Bitcoin for the first time in October of 2012. I was well aware of the digital currency, but did not think an article was warranted. It was, however, increasingly becoming the subject of questions we were receiving from readers. As part of my initial research into the digital currency, I purchased a modest $20 amount. This was primarily to go through the 'buying' process which can be a little involved, and was integral to my piece. At the time of my purchase, the cost of a single Bitcoin was only $12. My... Read more →


In this episode - Is there an Alex Jones conspiracy to crash the Bitcoin? You might be surprised to learn who one of the largest holders of Bitcoin is? An update on the suspension of trading of the Bitcoin this week, and is a Bitcoin exchange traded fund coming soon? Hosted by James L. Paris and Robert G. Yetman, Jr. Click here to download… Read more →


Bitcoins: The Hot New Digital Currency

Last summer I started hearing quite a lot of buzz about a digital currency called Bitcoins. Ultimately, my research led me to the decision to purchase a small amount of Bitcoins. I made my purchase when Bitcoins were valued at just $12. Today, while writing this article, the value has jumped to more than $100. I did not make my purchase as an "investment" but am very excited to see this dramatic rise in value. What are Bitcoins? Bitcoins are a digital currency that is decentralized, meaning that there is no controlling entity or government involved. The currency got its... Read more →


Alternative Currencies - The New Money

One topic I have been fascinated with is that of virtual currencies. I wrote a very comprehensive article on this last year. A news story on this very topic caught my eye this week and I thought I would share it with you. I also wrote an article before that on local currencies entitled, 'How To Print Your Own Money Without Going to Jail.' I watched a CNN Video entitled 'How I Buy Groceries Without Cash.' The story is about a community of individuals in Philadelphia that have come up with their own currency that is being used as the... Read more →


Virtual Currency: The Future Of Money?

Virtual currencies, used in recent years as credits in online games, may soon become 'real money.' In this week's article we will take a look at virtual currency, its many uses, and its future. Second Life, a virtual online world, launched its own online currency called the Linden Dollar. Linden Dollars can be purchased through their own online currency exchange. Linden Dollars fluctuate in value against the world's major currencies in daily trading. From Wikipedia - "Virtual goods include buildings, vehicles, devices of all kinds, animations, clothing, skin, hair, jewelry, flora and fauna, and works of art. Services include "camping",... Read more →