It was interesting to watch the reaction of regulators to the arrival of cryptocurrency. Some of that government reaction was what one might expect, a bit of overreaction based on…
Bitcoin
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Last week saw Bitcoin prices mostly continue to slide, a trend that’s been with us since December of last year. Every time that buying kicks to raise prices, it’s met…
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It was with equal parts of relief and smug satisfaction that the Bitcoin faithful watched prices recover over the last week, briefly rising into the $540 range. While the price…
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The charts don’t lie, and the data plainly show that Bitcoin remains on a slow but steady price decline. A little over a month ago, prices were near $700 — but it’s been…
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Despite an unusually quiet span with no bad news, the price of Bitcoin has struggled since the IRS announced it was property and that gains would be taxed as simple…
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Every week is interesting when it comes to Bitcoin — but some weeks are more interesting than others, and this week was full of surprises. Mt. Gox, the Bitcoin exchange…
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If Bitcoin were an adolescent human being it would find itself in therapy, for life. In the space of a month it’s been ridiculed by the likes of Goldman Sachs,…
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As usual, it’s been a bizarre and eventful week for Bitcoin, and for cryptocurrency in general. This week saw regulators become increasingly skeptical of Bitcoin, and a Texas state regulator…
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Another week — and another Bitcoin exchange announces it got robbed, and ceases operations. Flexcoin shut down after revealing that a hacker stole all 896 Bitcoins in its online vault.…
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In our regular column about Bitcoin, we follow the growing pains of a new type of digital currency, sometimes called cryptocurrency. Bitcoin has experienced ups and downs lately, mainly down.…