01 Apr '13, 3pm

Bitcoin

Bitcoin

Mt. Gox chief marketing officer Gonzague Gay-Bouchery, left; CEO Mark Karpeles, right. The virtual currency Bitcoin isn’t backed by any assets or central authority. It’s only three years old and its exact origin is a mystery. And yet, for some reason, tens of thousands of people have determined that a single Bitcoin — essentially a unique sequence of letters and numbers — hit $105 US dollars earlier today, the most in its short history. At a time when the euro seems increasingly unstable, financial publications like Businessweek are asking if Bitcoin may be the world’s last economic safe haven . In the early days of Bitcoin, the price was decided by a small community of users who traded the currency on forums. Today users use real-world currencies ranging from the US dollar to the Polish zloty to buy Bitcoin on real-time exchanges. These exchanges determine Bitcon’s price ...

Full article: http://mobile.theverge.com/2013/4/1/4154500/mt-gox-barons...

Tweets

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theverge.com 01 Apr '13, 3pm

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What The Rise Of Bitcoin Teaches Us About Money

What The Rise Of Bitcoin Teaches Us About Money

businessinsider.com 01 Apr '13, 9am

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en.reddit.com 02 Apr '13, 7am

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The Bitcoin Boom via @NewYorker

newyorker.com 02 Apr '13, 2pm

In this way, bitcoins are mined like gold used to be, in quantities that are small relative to the total supply, so that t...

Explained: Bitcoin and its dramatic plunge in v...

thenextweb.com 03 Apr '13, 10pm

Regardless of your views of the Bitcoin currency, it’s become large enough and in enough market flux at the moment that we...

@mariabustillos

newyorker.com 02 Apr '13, 2pm

In this way, bitcoins are mined like gold used to be, in quantities that are small relative to the total supply, so that t...

Bitcoin Boom? An ATM for Virtual Currency in th...

cnbc.com 02 Apr '13, 6pm

Users of virtual money are about to get a real machine to access their digital cash. In an effort to simplify access to th...

Bitcoin has hit $120/BTC. You can donate to Wik...

bitcoinprices.com 03 Apr '13, 5am

Current price of bitcoins for multiple currencies at different bitcoin exchange markets.

Explained: Bitcoin and its dramatic plunge in v...

thenextweb.com 03 Apr '13, 10pm

Regardless of your views of the Bitcoin currency, it’s become large enough and in enough market flux at the moment that we...

Why Bitcoin Doesn't Have To Worry About The Fed Shutting It Down — At Least Not Yet by @esfuchs

Why Bitcoin Doesn't Have To Worry About The Fed...

businessinsider.com 02 Apr '13, 2pm

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independent.co.uk 03 Apr '13, 6pm

But this gathering of the London Bitcoiners Group marked the point at which something changed. The point at which one hack...

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pcworld.com 02 Apr '13, 3am

John Lennon wanted us to imagine a world with no countries; when the European Union started happening in earnest, one of t...

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Pre-Marketing: Is Bitcoin money?

finance.fortune.cnn.com 01 Apr '13, 12pm

* Cullen Roche: Bitcoin is definitely money * Opening day: Hedge funder quits to bet on baseball * Story teller: Silicon V...

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forbes.com 03 Apr '13, 5pm

Denniger’s third criticism that bitcoin exhibits irreversible entropy is confusing. Typically, entropy refers to a measure...

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Bitcoin And The End Of Money

techcrunch.com 07 Apr '13, 3pm

A commentator on Bloomberg, Princeton student Evan Soltas , writes that Bitcoin is an “existential threat to the modern li...