Problems at the Mt. Gox exchange have dominated Bitcoin news this past week, creating concern and confusion within the Bitcoin community and leaving everyone else wondering what in the world is going on.
what is bitcoin
- Bitcoin News: Answers to Questions About the Mt. Gox Situation
- Bitcoin Regulation Is Coming – Here's What To Expect
- What Is Bitcoin? Here's Everything You Need to Know
- How Mt. Gox Angered the Entire Bitcoin Community Today – and Sent Prices Falling
- Why Bitcoin Prices Are Falling – And What That Means
- Bitcoin Penny Stock Hits the Market
- Why the Winklevoss Bitcoin ETF Is a Game-Changer
- Bitcoin News Like This Gives Public the Wrong Idea
- Bitcoin News: Five Predictions for the Digital Currency in 2014
- Why Using Bitcoin Could Make a Target-Style Data Breach Obsolete
- Bitcoin Is Defeating Governments (and Making Investors Rich)
- Why Bitcoin Prices Have Bounced Back – Again
- Bitcoin Prices Surge Over $1,000 Again on Zynga News
- New Bitcoin Trader Job Hits Wall Street
- Ten Bitcoin Facts That Are Stranger Than Fiction
- What Is the Impact of Bitcoin on the U.S. Dollar?
With the use of Bitcoin spreading rapidly, regulators are scrambling to study the digital currency. And while well-crafted regulation would grant Bitcoin much-needed legitimacy, too much would stifle its growth. Striking an ideal balance won't be easy,
Mt. Gox threw a scare into the Bitcoin world when it blamed some technical problems on a bug in the digital currency itself -- a bug that would allow fraudulent transactions. The revelation sent Bitcoin prices plummeting. But when the real story came out,
A fresh crisis may be the beginning of the end for Bitcoin exchange Mt. Gox, but the harm to the digital currency itself will be temporary.
Fans of the digital currency woke up Friday trying to figure out why Bitcoin prices are falling after more than a month of relative price stability on the Japan-based exchange.
Long plagued by issues in getting fiat currencies from Mt. Gox accounts to user bank accounts, the exchange in recent days started having trouble transferring bitcoins as well.
One bitcoin will cost you more than $700 at current prices, but now investors can get a piece of the virtual currency's potential for $4 with this new Bitcoin penny stock.
Bitcoin Shop Inc. started trading Thursday - the first company with "Bitcoin" in its name to be publicly traded.
One of the things holding many people back from investing in Bitcoin is the technical knowledge required to buy and sell the actual Bitcoins. But the Winklevoss Twins are about to change all that when their Bitcoin ETF gets approved by the SEC later this year.
Ever since it popped onto the public's radar, Bitcoin has been unfairly saddled with a reputation for being little more than a high-tech tool for illegal activities. So when the BitInstant CEO got arrested for money laundering, the critics were crowing, "I told you so." But this incident is just one more distraction from
From soaring prices (and crashes) to the saga of Silk Road, the now-defunct Web marketplace for illegal drugs, Bitcoin had a eventful year in 2013. The Bitcoin story this year will have far less drama - but what happens will determine the ultimate fate of the digital currency.
It was almost laughably easy for the thieves who stole the data from Target's computers. That's how obsolete our credit card system of paying for goods and services has become. It's just one of several reasons we're going to see merchants rapidly adopt the digital currency Bitcoin this year.
The world's two fastest-growing economies came down hard on Bitcoin in recent weeks.
Dips followed, but ultimately the virtual currency began to slough off the news and continued to gravitate toward a loose, but tightening, trading range.
And as a former senior advisor to a Silicon Valley venture capital firm, I've seen a lot of opportunities to make a killing on technology over the years.
I'm talking about everything from ultra-fast semiconductors, to advanced sensors, to the rise of the Internet and today's mobile revolution.
But in all those years, I've never seen anything reach critical mass as quickly as Bitcoin.
Consider that less than three years ago, few but a small cadre of hardcore tech geeks had even heard of this new crypto currency.
Today, however, this virtual money is traded on roughly 80 global exchanges. It's also accepted at thousands of retailers throughout the U.S.
And it has handed some savvy investors gains of 1,000% or more in as little as a few months' time.
Yet, skepticism persists. Predictions of Bitcoin's imminent demise by a wide range of so-called "experts" have proved premature at best.
Fact is, Bitcoin to date has met every challenge thrown at it and come back stronger.
For Bitcoin's backers and investors, that's great news. Because Bitcoin is now defying a growing list of global governments doing their best to stop its advance...
For Bitcoin's backers and investors, that's great news.
When Bitcoin prices fell sharply last month, I explained why I'm still bullish about this extraordinary new investment vehicle.
Back in December, I noted that Bitcoin prices had recently fallen as low as $455. From there prices rallied quickly and stabilized, finding key support in the $550 range.
Bitcoin prices climbed back over $1,000 yesterday (Monday), less than two weeks after the virtual currency crashed below $500.
The jump in Bitcoin prices was sparked by news that social game operator Zynga Inc. (Nasdaq: ZNGA) will now be accepting the virtual currency.
In a match made in Internet Heaven, those playing Farmville 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles, Hidden Shadows, and CityVille will be able to exchange Bitcoin for in-game purchases.
Veteran traders looking for a change of pace just got more options. A San Francisco-based hedge fund placed an ad late last week for a Junior Bitcoin Execution trader, another sign of the digital currency's incredible resilience. This job ad is
Just about everything that has to do with the digital currency Bitcoin is at least a little odd. Like how one Bitcoin went from being worth just a few pennies in 2010 to being worth over $1,200 a few weeks ago. A lot of this stuff could only happen in the universe of Bitcoin.