09 Apr '13, 2pm

Kicking yourself for not getting on the Bitcoin boom? You might have had a lucky escape

Kicking yourself for not getting on the Bitcoin boom? You might have had a lucky escape

(Image: Casascius/Wikicommons) Online currency Bitcoin hit yet another record high today as it smashed through the $200 barrier, but a new analysis of Bitcoin exchanges shows that swapping real-world cash for its virtual equivalent can be a risky business. The stratospheric rise of Bitcoin in recent days - it was at $70 just two weeks ago and less than $10 when we first wrote about it - has left many wishing they had got in on the currency when it was much cheaper . But it is easy to forget that Bitcoin exchanges, where many users store their cash, have a history of being hacked or even folding altogether. Tracking the fortunes of 40 such exchanges over the past three years, Tyler Moore of Southern Methodist University in Dallas, Texas, and Nicolas Christin of Carnegie Mellon University in Pittsburgh, Pennsylvania, discovered that 18 have closed. Of these, five failed to r...

Full article: http://www.newscientist.com/blogs/onepercent/2013/04/bitc...

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BITCOIN $200

BITCOIN $200

businessinsider.com 09 Apr '13, 11am

Just this weekend we were marveling over the fact that Bitcoin had passed $150. Then yesterday it hit $190. Today the digi...

Bitcoin Passes $200

zerohedge.com 09 Apr '13, 11am

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Bitcoin Surges Past $200; Where to Next?

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cnbc.com 09 Apr '13, 2pm

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mashable.com 09 Apr '13, 1pm

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geek.com 08 Apr '13, 2pm

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Likely riding a massive speculation wave, Bitcoin prices exceed $200

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venturebeat.com 09 Apr '13, 2pm

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