GOXXED: There are many people in the bitcoin space, but these two are masters at providing logical arguments and effective examples. This conversation even allows the bitcoin noobs to wrap their head around the recent ‘goxxing’.
not official, it’s not looking good for Mt. Gox, the online exchange that has held withdrawals from its customers for weeks now. There are now reports of the exchange halting trades.
Update: All trades have ceased, eve of 2/24/14.
Blockchain.info has recently released a join statement on the topic.
“We are witnessing the failure of a company the government would deem ‘too big to fail,'” says one redditor, and they are right. The free market gobbles you up and spits you out when you keep messing up, as this isn’t their first time being solely responsible for tanking the market… Continue reading
The value of a single bitcoin has finally broke through the $1000 mark, again for the 5th time on the popular exchange Mt. Gox.
As we trend up, this may be one of the last times we see prices under $1000. The following chart has been largely accurate at predicting the price of bitcoin. Continue reading