Speculation Monthly, Cryptocoin Edition

A month's links from one newspaper:

Mar 2 2018
“The prices of many cryptocurrencies have exhibited the classic hallmarks of bubbles, including new paradigm justifications, broadening retail enthusiasm and extrapolative price expectations, reliant in part on finding the greater fool,” said Bank of England Governor Mark Carney. sfchronicle.com

"Companies have been able to get around regulatory checks because they have collected the money in Bitcoin and other virtual currencies, which can be sent without going through banks or other middlemen that might look into the legality of the transactions." sfchronicle.com

Women sound the alarm over 'Blockchain Bros': "'Women, consider crypto,' tweeted Alexia Bonatsos, a venture capitalist. 'Otherwise the men are going to get all the wealth, again.'" sfchronicle.com

Feb 26 2018
Steve Wozniak told a business conference audience someone stole seven Bitcoin worth $10,000 apiece from him with a stolen credit card, then cancelled the payment. Wozniak said he bought the Bitcoin as an experiment and sold all but one. "'I don't want to watch the price every day.'" sfchronicle.com

Feb 24 2018
Silicon Valley Community Foundation, which accepts donations in Bitcoin among other currencies, watched its assets grow by 5.3 billion or by 65% in 2017. It won't say why. sfchronicle.com

Feb 23 2018
Berkeley's plan to make its own cryptocurrency to finance housing for the homeless raises eyebrows. sfchronicle.com

Feb 22 2018
Long Blockchain Corp., the company formerly known as the Long Island Ice Tea Corp. before the cryptocurrency craze, has been accused by the Nasdaq of misleading investors and is threatened by the trading exchange with delisting. sfchronicle.com

This San Francisco co-op will soon deal solely in cryptocurrency: sfchronicle.com

Feb 20 2018
Venezuala will offer its own cryptocoin, the petro: sfchronicle.com

"An unidentified hacker or hackers broke into a Tesla-owned Amazon cloud account and used it to mine unspecified cryptocurrency, security researchers said." sfchronicle.com

Steven Segall has a cryptocurrency now: sfchronicle.com

Feb 17 2018
Cryptoindustry grapples with age-old problems of inheritance: sfchronicle.com

Feb 15 2018
"Forget the joystick. Atari — best known for 1980s video games 'Pac-Man' and 'Space Invaders' — is jumping on the cryptocurrency bandwagon," and shares soared more than 60 percent since announcement Feb. 8, after mentioning some plans in December. sfchronicle.com

"E.T. can't phone home (and vice-versa) without something called a graphics processing unit (GPU), a specialized circuit that accelerates the processing speed of electronic devices," but crypto-miners, gamers and alien hunters all require GPUs for their purposes, and "the latter two groups claim there's been a shortage since the Bitcoin blitz." sfchronicle.com

Feb 13 2018
"Iceland is expected to use more energy mining Bitcoin and other virtual currencies this year than it uses to power its homes." sfchronicle.com

Feb 10 2018
Cryptocurrencies come to campus: "'Let’s assume that tomorrow the price of Bitcoin drops down to $2,' said Nicolas Christin, a computer science professor at Carnegie Mellon, who is teaching a course on 'Cryptocurrencies, Blockchains and Applications' this semester." sfchronicle.com

Taxes come due for Bitcoin investors: "Accountants have been getting inquiries from confused and worried cryptocurrency investors since the IRS started demanding customer data from Coinbase, a San Francisco company that lets users buy, sell and transfer bitcoin and several other digital currencies." sfchronicle.com

Bitcoin taxes: plenty of questions, no easy answers: "Q: If I bought Bitcoin at various times and sold a partial stake last year, how do I calculate my cost basis, and thus my profit or loss?" sfchronicle.com

Feb 9 2018
IRS cops scouring cryptocurrency accounts to build tax evasion cases: sfchronicle.com

"Nvidia Corp. said demand for graphics chips from its main video gaming market, cryptocurrency miners and data-center owners propelled sales higher than projected in the current quarter."sfchronicle.com

Feb 7 2018
Here are the world's virtual currency billionaires (or at least they were): "While the list in Forbes magazine, which was assembled in recent weeks, identifies about 10 virtual currency billionaires, most of them were not billionaires by the time the feature went online on Wednesday morning." sfchronicle.com

Feb 3 2018
Cryptocurrency might get Kodak out of the crypt: "It’s a bold gamble that has excited some investors, perplexed others and raised questions about how closely Kodak vetted its cryptocurrency business partners, which now include a paparazzi photo agency, a penny-stock promoter and a company offering what has been called a 'magic moneymaking machine,'" its stock initially soured 200 percent before settling down. sfchronicle.com

Ruby Cafe for women: "Frustrated by the guys trading cryptocurrency at the coffee shop, the ones who won’t use their indoor voices?" sfchronicle.com

Feb 2 2018
Thirty days was a long time ago.

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