02 Dec '13, 11pm

Still not sure what bitcoin is? Here's an explainer from 2011:

Still not sure what bitcoin is? Here's an explainer from 2011:

The value of bitcoins in real world dollars fluctuates wildly—often as much as 8 percent per day. As little as two months ago, the exchange rate was $1 USD per bitcoin. That was before the mainstream world learned about them, though—which sent their value through the roof. Speculators quickly saw potential in this new currency and began buying them through Mt. Gox and other sites. Given the currency's instability, that led to rapid inflation and the currency value peaked at nearly $28 on June 9. These days, you can expect to pay somewhere between $15 and $20 per bitcoin. How do bitcoins work? Because they're virtual, bitcoins aren't backed by any real world commodity, such as gold or a central bank. Instead, they rely on the economic laws of supply and demand, making them something of a roll of the dice for investment-minded speculators—the same people who bet on penny sto...

Full article: http://www.cnbc.com/id/43823614

Tweets

Bitcoin

forbes.com 02 Dec '13, 6pm

Over the next few months, expect a lot more legal activity around bitcoins. The currency has already received some negativ...

Bitcoin

Bitcoin

slideshare.net 08 Dec '13, 8am

We have emailed the verification/download link to " " . Login to your email and click the link to download the file direct...

@ErikVoorhees

reddit.com 02 Dec '13, 8pm

An Open Letter to Peter Schiff A follow-up to the discussion on the Peter Schiff Show, December 2, 2013 (this has been ema...

Is Bitcoin the new gold?

telegraph.co.uk 04 Dec '13, 10am

The rush of money out of global stock markets is expected to flood into "safe haven" assets, which help shield capital in ...

In the Murky World of Bitcoin, Fraud Is Quicker...

myaccount.nytimes.com 06 Dec '13, 10am

Log in to manage your products and services from The New York Times and the International New York Times. Don't have an ac...

The Largest Bitcoin Exchange In The World Is Down

The Largest Bitcoin Exchange In The World Is Down

businessinsider.com 02 Dec '13, 5pm

Mt.Gox Mt. Gox, the largest Bitcoin trading site in the world, went down for at least 10 minutes today. Their Twitter site...

Thoughts on Bitcoin

blog.samaltman.com 01 Dec '13, 7pm

Maybe bitcoin will be the world reserve currency, maybe it will totally fail, or maybe it will survive in some niche capac...

Bitcoin Entrepreneur Roger Ver Makes Largest Ever Bitcoin Donation of $1m

Bitcoin Entrepreneur Roger Ver Makes Largest Ev...

coindesk.com 01 Dec '13, 12am

Globetrotting bitcoin entrepreneur Roger Ver just made the largest ever charitable bitcoin donation — a million dollars — ...

Bitcoin

Bitcoin

businessinsider.com 05 Dec '13, 5pm

The value of all daily Bitcoin transactions is now just about one-third less than transactions on online pay service giant...

#bitcoin

online.wsj.com 05 Dec '13, 9am

Central bankers and regulators around the world are ratcheting up warnings about bitcoin, as prices of the virtual currenc...

In the murky world of Bitcoin, there are few ru...

myaccount.nytimes.com 06 Dec '13, 5am

Log in to manage your products and services from The New York Times and the International New York Times. Don't have an ac...

Bitcoin $10,000?

forbes.com 04 Dec '13, 8pm

Last month, the Senate Committee on Homeland Security and Governmental Affairs held the first congressional hearing on the...

Bitcoin Could Be Worth 10-100x Current Price - ...

streetinsider.com 02 Dec '13, 2pm

After reaching an all-time high of $1242 last week, bitcoin is feeling gravity today and the virtual currency is trading d...

Why The Fair Price Of Bitcoin Is $0

Why The Fair Price Of Bitcoin Is $0

businessinsider.com 02 Dec '13, 8pm

If Mr. X is a miner, as an accountant he has direct access to the ledger so he may be tempted to temper it (“cook the book...