05 Jul '13, 8pm

As Bitcoin’s dollar exchange volume slips, the virtual currency’s value continues to fall

The price of Bitcoin is slipping, corresponding to a decline in its exchange volume to dollars, and a decidedly negative operating margin for those working to ‘mine’ the currency. Currently, Bitcoin trades for roughly $73 . The dizzying assent of Bitcoin was followed by a predictable fall. What would come next for the virtual currency, however, was an open question. Advocates of Bitcoin predicted a reinflation of its value, and deeper integration of it into the financial world and lives of its users. Undoubtedly, Bitcoin has found new entrance and exit points into the Internet realm, with companies that are fans of the currency now accepting it as payment in lieu of traditional money. However, now in its post-explosion phase, Bitcoin appears struggling to hold its inherently invented value. That isn’t as pejorative as it sounds: the current currency market depends on trust...

Full article: http://thenextweb.com/insider/2013/07/05/as-bitcoins-doll...

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As Bitcoin’s dollar exchange volume slips, the ...

thenextweb.com 05 Jul '13, 8pm

The price of Bitcoin is slipping, corresponding to a decline in its exchange volume to dollars, and a decidedly negative o...

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guardian.co.uk 05 Jul '13, 5pm

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Bitcoin value falls below $75

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Bitcoin value falls below $75

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thenextweb.com 04 Jul '13, 8am

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thenextweb.com 04 Jul '13, 7am

Mt. Gox the world’s largest Bitcoin trading exchange. has reopened US dollar withdrawals on its service after suspending t...

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thenextweb.com 05 Jul '13, 3pm

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irishtimes.com 06 Jul '13, 12am

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