Bitcoin At $9,900: Korea PM Says It’s ‘Corrupting Youth’, Novogratz Sees $40K, Searches For Crypto On Credit Soar

Bitcoin At $9,900: Korea PM Says It’s ‘Corrupting Youth’, Novogratz Sees $40K, Searches For Crypto On Credit Soar

You might as well just mark it $10,000. Bitcoin is trading near $9,950 on Tuesday morning on a Bloomberg story  that seemingly confirms earlier reports about Shinhan in South Korea. The bank (South Korea's largest) is reportedly "in the process" of choosing a company to test platforms for Bitcoin wallets and vaults and assuming regulatory approval, this is going to be launched by mid-2018. "Shinhan posted a bid invitation on its website earlier this month. It plans to develop a test serv
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2 thoughts on “Bitcoin At $9,900: Korea PM Says It’s ‘Corrupting Youth’, Novogratz Sees $40K, Searches For Crypto On Credit Soar

    1. Some say the biggest bubble ever… The excerpt from Kolanovic reminded me that the blockchain technology, or at least that part about how compensation is “earned” or “mined” and how that gets harder and harder as the phenomenon grows, is really kind of a digital/virtual version of the old chain letter. It’s been a while since we’ve seen one of those but I recall one episode in the 80’s that started in Dallas I think, that reached epic proportions before it collapsed.

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