02 Oct '13, 7pm

Amid Silk Road uncertainty, Bitcoin value drops over 20% in 3 hours

Volatility of Bitcoin rates (in USD) over time (CT) this morning. Bitcoiny.org Bitcoin is experiencing a period of extreme volatility today, as rates for the digital currency dropped from $139/bitcoin to $109.71/bitcoin in less than three hours. That represents a 21.5 percent decrease in value at the lowest rate this morning. The value of bitcoins started to recover slightly around 1:00pm CT, dropped again toward the $109.71/bitcoin rate, and rose back to the low $120/bitcoin area as of this post. This morning's Bitcoin drop comes amid major news that's tangentially related to the currency. Silk Road, the sprawling online criminal enterprise that used bitcoins as its sole means of currency, was shut down and had its domain seized . That action comes as Silk Road's founder, known online only as “Dread Pirate Roberts,” was identified by the Department of Justice as Ross Will...

Full article: http://arstechnica.com/information-technology/2013/10/ami...

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Bitcoin value plummeting following the Silk Road shut down by the FBI

Bitcoin value plummeting following the Silk Roa...

businessinsider.com 02 Oct '13, 5pm

The FBI seized Silk Road this morning . Silk Road is a website that let people anonymously buy illegal drugs using Bitcoin...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Bitcoin falls after Silk Road arrest: The price...

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Silk Road shutdown leads to 11% drop in bitcoin...

twitter.com 03 Oct '13, 1am

$ still champ as ref currency 4 illicit activity! “@ kashhill : Silk Road shutdown leads to 11% drop in bitcoin value

CHART OF THE DAY: Bitcoin collapses following Silk Road shutdown

CHART OF THE DAY: Bitcoin collapses following S...

businessinsider.com 02 Oct '13, 7pm

FBI seized and shut down Silk Road , a website that allowed customers to buy illegal drugs using Bitcoin. As part of the b...

#bitcoin

#bitcoin

businessweek.com 02 Oct '13, 8pm

For most of its brief existence, Bitcoin has been widely associated with Silk Road—the anonymous cybercurrency, naturally ...

Bitcoin takes a hit after Silk Road takedown

Bitcoin takes a hit after Silk Road takedown

nbcnews.com 02 Oct '13, 11pm

bitcoin Bitcoin takes a hit after Silk Road takedown Devin Coldewey NBC News Facebook Share on Facebook Twitter LinkedIn G...

Bitcoin values yo-yoed today after the feds bus...

wired.com 02 Oct '13, 9pm

Bitcoin, world’s most popular digital currency, had a roller coaster ride today after the federal government shut down the...

Silk Road

Silk Road

nation.time.com 02 Oct '13, 4pm

Silk Road, where cocaine and heroin were trafficked, is an online drug marketplace that exists on the “Deep Web,” a portio...

Bitcoin Values Plummet $500M, Then Recover, Aft...

wired.com 02 Oct '13, 9pm

Bitcoin, world’s most popular digital currency, had a roller coaster ride today after the federal government shut down the...

Silk Road shutdown sends bitcoin prices tumbling

Silk Road shutdown sends bitcoin prices tumbling

csmonitor.com 03 Oct '13, 4am

The price of the bitcoin digital currency dropped on Wednesday, after U.S. law enforcement authorities shut down Silk Road...

Silk Road

Silk Road

rt.com 02 Oct '13, 3pm

FBI seizes ‘Silk Road' black market domain, arrests owner Published time: October 02, 2013 15:48 Get short URL Reuters / T...

Bitcoin price nosedives after bust of undergrou...

theverge.com 02 Oct '13, 6pm

The price of Bitcoin, the semi-anonymous e-currency that acts like virtual cash, is falling rapidly after the bust of unde...

'Dread Pirate Roberts' Charged In 2nd Silk Road Murder-For-Hire Plot, Over Bitcoin Debt

'Dread Pirate Roberts' Charged In 2nd Silk Road...

businessinsider.com 03 Oct '13, 4am

Following that, Ulbricht came to believe that an "employee" of Silk Road — a site protected by the encrypted Tor network —...