Bitcoin now an accepted currency in media?

The Chicago Sun-Times, the 9th largest newspaper in the USA, is testing a social paywall that will accept both Tweets and Bitcoin in partnership with the content monetization startup BitWall.

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Bitcoin is not going to be your major currency anytime soon

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Don't bet on bitcoin ever replacing the dollar or other traditional currencies as everyday money. Switzerland-based Bank for International Settlements (BIS) just released a negative report ( pdf )on Bitcoin. The report's authors were unimpressed with many fundamental design aspect of the cryptocurrencies. He went on making a strong statement saying that processing cryptocurrencies payment can potentially "bring the internet to a halt". I am very much in agreement with the report and have written a post " Crypto Currencies are not doing what they are supposed to do " earlier. Basically I believe the issue of crypto currencies are: Unlimited supplies Consume too much energy Transaction too slow Transaction cost too high Most people that I know involved with crypto are attracts by the potential gain of the currencies. They mind it or trade it as investment or speculative commodities. I may be bias here but none of my friends in both investmen
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Natural Gas Prices Move Above $3

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Natural Gas price moved up above $3 today. Due to a more bullish weather report and some pipeline explosion from Southern Star in Harvey County, Kansas. Natural Gas is a volatile commodity as you can see from the chart above. I don't trade them. In fact I don't call myself a trader. I just buy and hold mostly. Buy and holding something so volatile requires more than faith but reasons and strategic long term reasons. In the case of natural gas, I do find this sector a value play at this level from a rather long term perspective. I am quite bullish for long run for natural gas because it is the number one alternative to replace coal for power generation. It is a value play because major natural gas companies such as CHK, SWN and GPOR are all beaten up in such as sorrow stage. However, CHK just turn earning positive in recent quarters and has already rebounded more than 50%. The recent increase in oil price helped natural gas prices to stay afloat. As you know coal is not
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