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Keyword: bitcoinbeat

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  • The Bitcoin Beat Monday, Apr 15, 2013

    04/16/2013 1:57:59 AM PDT · by djf · 8 replies
    BTC High 100.90 Low 50.01 Current 55.83 LTC High 2.70 Low 1.30 Current 1.41 All quotes in USD Bitcoin took a beating today, price-standpoint-wise. On one hand, you can't not expect markets to be disrupted based on the news of the hour. On the other hand, it didn't go to zero, surprisingly, Bitcoin is still breathing! But IMHO we discovered something over the last ten days or so. Let me sum it up this way: Bitcoin has failed. Huh? There are tons of people out there who bought Bitcoins when they were under a dollar. Even if someone bought in...
  • The Bitcoin Beat Friday, Apr 12, 2013

    04/12/2013 11:33:56 PM PDT · by djf · 13 replies
    In the past two versions of this thread, I have started by posting the current, high, and low price quotes for the two most popular E-coins, BTC (Bitcoin) and LTC (Litecoin). Things change and today that is not the format. So what is happening with Bitcoin? How much is it worth? Depends, in a sense, on who you ask. There are a number of online "exchanges" that are trying to deal with the Bitcoin phenomenon, and all it's counterpart flavors and types. Problem is, NONE of these exchanges agree on what a Bitcoin is worth. A second, perhaps even bigger...
  • Bitcoin bubble may have burst

    04/12/2013 6:57:14 PM PDT · by mnehring · 34 replies
    The price of Bitcoins has plunged more than 70% in the past two days, sparking a rush of activity that overwhelmed trading platforms and suggested the bubble in the virtual currency has burst. Bitcoins were down to $77.56 as of 3 p.m. ET Friday. Prices reached as high as $266 per Bitcoin around 7:30 a.m. ET Wednesday. But the price started to fall through the rest of day and Thursday morning. At about 10 a.m. ET Thursday, trading was halted on Mt.Gox, a Japan-based exchange that claims to handle 80% of Bitcoin trade worldwide. The price at that time...
  • Bitcoin, the nationless electronic cash beloved by hackers, bursts into financial mainstream

    04/11/2013 11:38:29 PM PDT · by Ernest_at_the_Beach · 28 replies
    Foxnews ^ | April 11, 2013 | Associated Press
    NEW YORK –  With $600 stuffed in one pocket and a smartphone tucked in the other, Patricio Fink recently struck the kind of deal that's feeding the rise of a new kind of money -- a virtual currency whose oscillations have pulled geeks and speculators alike through stomach-churning highs and lows. The Argentine software developer was dealing in bitcoins -- getting an injection of the cybercurrency in exchange for a wad of real greenbacks he handed to a pair of Australian tourists in a Buenos Aires Starbucks. The visitors wanted spending money at black market rates without the risk of...
  • The Bitcoin Beat Tuesday, April 9, 2013

    04/09/2013 11:01:32 PM PDT · by djf · 20 replies
    Apr 9, 2013 | djf
    BTC High $240.11 Low $189.60 Current $231.60 LTC High $5.00 Low $4.18 Current $4.85
  • The Bitcoin Beat - Thursday, Apr 11, 2013

    04/11/2013 1:20:30 PM PDT · by djf · 10 replies
    Apr 11, 2013 | djf
    BTC Current $124.90 High $203.00 Low $110.20 LTC Current $2.50 High $4.62 Low $2.10 If you bought Bitcoins yesterday, you lost your shirt! If you sold them, you lost your pants! If you bought them, you made a boatload of cash! If you sold them, yur filthy rich! It was all a question of timing. Bitcoin, Litecoin, and all the virtual currencies fluctuated wildly yesterday. Part (a BIG part) of the fluctuation due to more rumours of hacking, actual DDOS attacks, and the simple fact that Bitcoin had become so overbought in the last three business days, it was simply...