06 Dec '13, 11pm

China

China

The price of bitcoin has seen a larger than normal drop in trading prices over the past day on a number of bitcoin exchanges. In a major sell-off that started last night, Mt. Gox , the largest US dollar bitcoin exchange, saw a low price today of $800 from a recent high of $1,230, a 35% decrease before bouncing back up a bit. Almost 52,000 bitcoins have been traded on Gox over the past 24 hours. Bitcoin price on Mt. Gox over the past two days. Source: Bitcoincharts CoinDesk’s Bitcoin Price Index , which is an aggregate calculation of top exchange prices, has seen a 24-hour drop of $185 since the day’s open, or 18%, at the time of writing. The number of negative news articles being produced about bitcoin and virtual currencies in general has probably contributed to a decline in pricing over the short term. Earlier this week, China’s central bank along with four government mi...

Full article: http://www.coindesk.com/baidu-stops-bitcoin-price-slumps-...

Tweets

Bitcoin price tumbles after warning from Chinese central bank

Bitcoin price tumbles after warning from Chines...

theguardian.com 05 Dec '13, 12pm

The Chinese central bank has warned the country's financial institutions not to trade in bitcoin, saying that the digital ...

Baidu gestopt met Bitcoin na koersval: China's grootste interzoekmachine Baidu accepteert niet langer Bitcoins...

Baidu gestopt met Bitcoin na koersval: China's ...

emerce.nl 07 Dec '13, 5am

Baidu begon in oktober met het accepteren van Bitcoins omdat de virtuele munt in populariteit steeg. Als gevolg daarvan st...

Bitcoin Gets Valued: Bank Of America Puts A Pri...

forbes.com 05 Dec '13, 10pm

However, the currency’s volatility is a concern for many regulators and potential investors. In a note yesterday Steven En...

Someone bought a Tesla with Bitcoin from a Lamborghini dealership in California

Someone bought a Tesla with Bitcoin from a Lamb...

theverge.com 06 Dec '13, 3pm

A Tesla Model S has been purchased with Bitcoin, the virtual currency that mimics cash on the internet, at a California de...

Bitcoin is down 26% in the last 24 hours.

twitter.com 07 Dec '13, 4am

To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...

My Bitcoin Bummer -- World's Virtual Currency P...

allthingsd.com 08 Dec '13, 3am

So, I bought a bitcoin a few weeks ago — just a single one, for fun! — at around $800, after having listened to a bunch of...

Bitcoin Price Crashes as China Outlaws Bitcoin for Financial Institutions

Bitcoin Price Crashes as China Outlaws Bitcoin ...

coindesk.com 05 Dec '13, 10am

The price of bitcoin fell by $300 this morning after China’s central bank warned financial institutions to steer clear of ...

Baidu, China Telecom remove Bitcoin following Chinese bank prohibition

Baidu, China Telecom remove Bitcoin following C...

slashgear.com 08 Dec '13, 2am

The so-called “Google of China”, Baidu , has stopped accepting Bitcoin as payment on any of its online properties — as has...

Bitcoin Is Crashing by @rjwile

Bitcoin Is Crashing by @rjwile

businessinsider.com 06 Dec '13, 6pm

Bitcoin prices on the Mt. Gox exchange have fallen 24% from Friday highs to below $900 after Baidu announced it would stop...

Bitcoin Prices Tumble on China Fears

online.wsj.com 07 Dec '13, 12am

Bitcoin prices tumbled almost 13% Friday after an affiliate of China's biggest Internet search company stopped accepting p...

Bitcoin Price Could Reach $98,500, Say Wall Street Analysts

Bitcoin Price Could Reach $98,500, Say Wall Str...

coindesk.com 03 Dec '13, 7pm

The price of bitcoin could increase to as much as $98,500, according to analysts at financial services and investment firm...

Here's why today's Bitcoin selloff won't be the last

Here's why today's Bitcoin selloff won't be the...

businessweek.com 05 Dec '13, 6pm

From recent highs of $1,240, Bitcoin plunged as much as 30 percent, to $870, early on Dec. 5, after China’s central bank a...

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...

iMore Store now accepting Bitcoin!

iMore Store now accepting Bitcoin!

imore.com 03 Dec '13, 6pm

We've had a lot of demand from users to begin accepting Bitcoin at the iMore Store , and today I'm happy to announce that ...

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...