02 Sep '12, 8am

Summary - Bitcoin Continues Winning - Up 8% in Aug, YTD 2012 Now Up 115% #bitcoin

Summary - Bitcoin Continues Winning - Up 8% in Aug, YTD 2012 Now Up 115% Bitcoin Money blog (@BitcoinMoney ) gives a monthly wrapup on Bitcoin for the month of August, 2012. Excerpts: “August 2012 became the sixth month in a row that the BTC/USD exchange rate ended higher than the level it was at when the month had begun.” - “August’s closing price of $10.16 is an 8% gain over July’s close and means that so far this quarter (Q3 2012) there has been a 51% gain.” - “For 2012, where the price opened at a $4.72 level, the price rise from January 1st now exceeds an eye-popping 115%.” - “The 243,950 bitcoins issued which Bitcoin miners took in during the month is valued at $2.67 million using the average daily valuation for the month of $10.94.” - “MPEx, the largest exchange where Bitcoin options are traded, reported that in August a record 75,000 CALL and PUT option contracts w...

Full article: http://www.bitcoinnews.com/post/30709700899/august-2012-r...

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Bitcoin Continues Winning - Up 8% in Aug, YTD 2012 Now Up 115%. Month-end summary: #Bitcoin

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