bitcoin

Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day -

bloomberg.com 28 Jan '13, 2pm

bitcoin

An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could undermine the role of central banks. The CHART OF THE DAY shows that bitcoin has more than doubled in the past 12 months, strengthening to $16.37 from $5.88, according to data from Mt. Gox, the world’s largest bitcoin exchange. The money, issued by a decentralized network of computers, has recovered after falling to $2.14 in November 2011 from a high of $29.58 five months earlier. Greater demand for virtual currencies could have a negative impact on the reputation of central banks, according to a report published by the European Central Bank in October last year. Since the report was released, bitcoin has risen more than 55 percent against the dollar and use of the currency has surged. Bitpay Inc., a bitcoin payment processing company that recently raised $5...

Full article: http://www.bloomberg.com/news/2013-01-28/bitcoin-s-gains-...

Tweets

@casalej » 18 Feb '13, 10pm
Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day [link] via @BloombergNews #btc $btcusd
@Fair_Banking_Nu » 14 Feb '13, 9pm
Bitcoin’s Gains May Fuel Central Bank Concerns. Dit geeft precies aan waarom Bitcoin geen antwoord is op het... [link]
@Moe_Fugger_72 » 12 Feb '13, 9pm
RT @DaeronMeyer: @Moe_Fugger_72 fair enough. Several recent papers and articles suggest Central Banks see it as a competitive threat. [link]
@DaeronMeyer » 12 Feb '13, 9pm
@Moe_Fugger_72 fair enough. Several recent papers and articles suggest Central Banks see it as a competitive threat. [link]
@Jus_Playing » 12 Feb '13, 7pm
Here's the short end of it. Bitcoin has the attention of the European Central Bank [link]
@nad_84 » 12 Feb '13, 2pm
Bitcoin’s Gains May Fuel Central Bank Concerns: [link] via @BloombergNews @ graemecole
@HenkelGarcia » 08 Feb '13, 3pm
@economiaveraz Ya en 2011 el Bitcoin tuvo un rally tremendo y no tuvimos ningún colapso del $ - [link]
@bostonchrisb » 08 Feb '13, 8am
Use of Bitcoin online currency may cause central bank crashes | [link] via @BloombergNews
@Akeif » 06 Feb '13, 5am
Même les banques commence a craindre les geeks et la puissane open source du net! Mouhahahah! [link]
@sanloza » 06 Feb '13, 12am
@Macuu93 [link]
@graaaaaagh » 05 Feb '13, 7pm
RT @raptros_: If the Cathedral is giving this kind of attention to Bitcoin, Moldbug'll probably turn out to be right again. [link]
@raptros_ » 05 Feb '13, 7pm
If the Cathedral is giving this kind of attention to Bitcoin, Moldbug'll probably turn out to be right again. [link]
@PootBlog » 05 Feb '13, 2pm
RT @mjrharris: Bitcoin’s Gains May Fuel Central Bank Concerns: The Chart [link] via @BloombergNews
@ScottJMitchell » 05 Feb '13, 1pm
RT @CHRISTYXY: The future >>> #Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day [link] via @BloombergNews
@NeoModulus » 04 Feb '13, 3pm
Oh, bitcoin, will your wonders never cease [link]
@Fringer » 04 Feb '13, 3am
RT @binarybits: I think Bitcoin's value will continue to rise, but the idea that it's a threat to central banking is ridiculous. [link]
@binarybits » 04 Feb '13, 3am
I think Bitcoin's value will continue to rise, but the idea that it's a threat to central banking is ridiculous. [link]
@robbert_nl2sg » 03 Feb '13, 8pm
Virtual money like BitCoin could undermine the role of central banks. Great! as most central banks are privately owned. [link]
@klubinvestoru » 03 Feb '13, 1am
Nezabývali jste se někdo? Zajímavá myšlenka. [link]
@ivivekkm » 01 Feb '13, 5pm
RT @IndiaBitcoin: Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day [link] via @BloombergNews
@GNULinuxGuy » 01 Feb '13, 5am
RT @slcmcguire: Good! We don't need centralized #banking! They can #GTFO! Alternative currencies #FTW! #bitcoin... [link]
@slcmcguire » 01 Feb '13, 5am
Good! We don't need centralized #banking! They can #GTFO! Alternative currencies #FTW! #bitcoin... [link]
@jordantuchek » 31 Jan '13, 11pm
[link] @aaron_deaner
@EmilYaroslav » 31 Jan '13, 9am
Virtual currencies are here to stay. The central banks are worried, and they should be. Soon they won't be able to... [link]
@BruceWayneAnon » 31 Jan '13, 6am
#Bitcoin’s Gains May Fuel #CentralBank Concerns [link] @YourAnonNews @57UN @Falkvinge @birgittaj @OpPinkPower @DBCOOPA @MxJ7
@RodSherwin » 31 Jan '13, 2am
Hope so RT @rosshill: Virtual currencies will be so convenient that they will pose a threat cause of their ease of use. [link]
@cjanastasio » 31 Jan '13, 1am
RT @rosshill: Virtual currencies will be so convenient that they will pose a threat because of their ease of use. [link]
@pulauchristmas » 31 Jan '13, 1am
Interesting: [link]
@rosshill » 31 Jan '13, 12am
Virtual currencies will be so convenient that they will pose a threat because of their ease of use. [link]
@KatMurti » 30 Jan '13, 7pm
Greater demand for virtual currencies (e.g. bitcoin) could have a negative impact on the reputation of central banks: [link]
@LADLynn » 30 Jan '13, 3pm
So rad- Bitcoin’s Gains May Fuel Central Bank Concerns: [link]
@bitcoininfo » 30 Jan '13, 12pm
RT @tagbond: #Banks beware: #Bitcoin is a force to be reckoned with! [link] @zeresoft #virtual #currency
@DoDandrea » 30 Jan '13, 11am
Para acompanhar... [link]
@tagbond » 30 Jan '13, 7am
#Banks beware: #Bitcoin is a force to be reckoned with! [link] @zeresoft #virtual #currency
@AkhonaMaqwazima » 30 Jan '13, 5am
Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day - Bloomberg via @BloombergNow [link] virtual vs #centralbanks
@NAR_sg » 30 Jan '13, 3am
Governments cannot tolerate what is outside their powers. [link]
@FreeSmart » 30 Jan '13, 2am
"Bitcoin is skynet for monetary authorities and central bankers"— Niederlander comment [link] #Bitcoin #Freedom
@FreeSmart » 30 Jan '13, 2am
Bitcoin’s Gains: Chart of the Day [link] #Bitcoin #Freedom
@david_neilson » 30 Jan '13, 1am
Bitcoin poses threat to Central Banks [link] #bitcoin #centralbank
@apierogatti » 30 Jan '13, 1am
O Hayek sabia o que estava falando...rs [link]
@2016RandPaul » 30 Jan '13, 1am
I strongly recommend looking into bitcoins! I even got some :) -Bobby [link]
@renfrowk » 30 Jan '13, 12am
RT @LFCapitalism: "An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money... [link]
@seethetrip » 30 Jan '13, 12am
Bitcoin making more news. This makes it likely that BTC's nice little run might pop, but long term trends still... [link]
@nlightn_up » 29 Jan '13, 11pm
voluntary p2p currency > fiat monopoly $ RT @99_film #Bitcoin's Gains May Fuel Central Bank Concerns: Chart of the Day [link]
@LFCapitalism » 29 Jan '13, 11pm
"An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money... [link]
@aurorix77 » 29 Jan '13, 11pm
RT @99_film: Bitcoin's Gains May Fuel Central Bank Concerns: Chart of the Day [link]
@GuyHagen » 29 Jan '13, 10pm
I think the most interesting observation here is the quote "This risk [on undermining the reputation of central... [link]
@sasostebe » 29 Jan '13, 10pm
RT @hruske: ECB objavi poročilo, da utegne nadaljnja rast povzročiti skrbi in ... uporaba BitCoina zraste. :) [link]
@Nutzo56 » 29 Jan '13, 7pm
RT "@TopTheNews: Bitcoin’s Gains May Fuel Central Bank Concerns [link]" @redlistradio @d_seaman
» 29 Jan '13, 7pm
RT @Matt_H_79: Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day [link] via @BloombergNews