The price of the virtual currency bitcoin, already volatile in recent weeks, went through wild swings in overnight trading Tuesday and Wednesday.
According to prices quoted on Mt.Gox, the main trading exchange for bitcoins, the value of one bitcoin ricocheted from $106 to as high as $147, then back down to $125, then to $141. They were trading around $139 per bitcoin in afternoon trading Wednesday. Two weeks ago, a bitcoin was worth only $47. When Mt.Gox started tracking prices in mid-2010 the price stood at only 5 cents per bitcoin . Investors have been pouring into bitcoins and gold in recent weeks, as authorities in Cyprus imposed a tax on top bank depositors and placed limits on bank withdrawals in order to pay for a European bailout of the banking system there. Related: Bitcoin prices surge following Cyprus bailout Bitcoin is a four-year-old digital currency developed by a hacker who still remains anonymous. It s designed to allow worldwide payments with extremely low processingTime Inc., publisher of e. g. for People, Sports Illustrated, InStyle and Time, now accepts bitcoin as a payment. read more 11 Dec 2014 Microsoft accepts Bitcoin It can be used to buy apps, games, and other digital content from Windows, Windows Phone, Xbox Games, Xbox Music, or Xbox Video stores. Be aware, that Money added to the Microsoft account using Bitcoin cannot be refunded. read more 22 Jul 2014 German Newspaper taz accepts Bitcoin The German Newspaper taz , also called die tageszeitung , now accepts Bitcoins as donations.
All the content on taz.de/ is available for free, based on their model of donations.
So far, more then 10 BTC got donated, which is a lot, compared to the approx. 10 000€ donations (in German), received in June. read more 22 Jul 2014 airBaltic - World’s First Airline To Accept Bitcoin Latvian airline airBaltic has become the world’s first airline to accept Bitcoin as payment for its tickets to 60 destinations in Europe, Middle East, Russia and the CIS. readThe CoinDesk Bitcoin Price Index provides the latest and most accurate bitcoin price using an average from the world s leadingThe latest Tweets from bitcoin price (@bitcoinprice). sends an hourly update on the average price of bitcoins across all exchanges— Top nav — News – Companies – – Exchanges – – Merchants – – Wallets – – Investors – – Funding – Technology – – Mining – – Bitcoin Protocol – – Bitcoin ATMs – – Altcoins – – Cryptocurrency 2.0 – Regulation – Events – BitLicense – Prices – Crime – – Silk Road – Features – – Opinion – – Data Analysis – – Reviews Price & Data – Bitcoin Price Index – Bitcoin Venture Capital – Bitcoin Network Statistics – Bitcoin Calculator – About the BPI – Bitcoin ATM Map – CoinDesk API – Bitcoin Price Ticker Widget Guides – What is Bitcoin? – Why Use Bitcoin? – How Can I Buy Bitcoins? – How to Buy Bitcoin in the UK – How to Store Your Bitcoins – What Can You Buy with Bitcoin? – How to Sell Bitcoin – How to Accept Bitcoin Payments – How do Bitcoin Transactions Work? – Is Bitcoin Legal? – Who is Satoshi Nakamoto? – How Bitcoin Mining Works – How to Set Up a Bitcoin Miner – What are Bitcoin Mining Pools? – How Does Cloud Mining Work? – Calculate Mining Profitability – How to Make a Paper Bitcoin WalletBitcoin are produced through a process called mining . There is an upper limit of 21 million bitcoin that will ever be mined. The number of coins that are mined in each block is called the reward . This reward decreases as time passes. The last 7% of bitcoin will be mined over a timespan of 100 years. Those years are not included in this chart. The price before July 2010 is unknown because there were no.