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Bitcoin pricing


I see so many charts posted predicting the future value of bitcoin.

I love it when people put lines all over price charts hoping to predict the subjective valuation of thousands of irrational actors. 

Trends are meaningless, and mass action will come in response to events out in the wor...

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bitcoins mined


So 25 btc are mined every 10 minutes, 3600 per day. At $13 a piece, that is $4800 per day. Considering the number of people that are doing bitcoin mining, it doesn't seem like a lucritive investment - unless you have free/subsidized electricity.