Mt. Gox

A new report analyzing trading log data from Mt. Gox suggests bots buying Bitcoin led to an explosion in price in April and November 2013.
It’s important to understand that bitcoin is a global phenomenon.
The Mt. Gox exchange announced Feb. 24 it had lost 750,000 Bitcoins belonging to users and 100,000 more of its own.
The shuttering of the Tokyo-based exchange, once the world’s largest for digital currency transactions, comes after months in which Bitcoin’s price soared and it attracted increased attention.
The current environment suggests that most of the Bitcoin appreciation/depreciation might take place in very short periods of time. On the other hand, these moves might be short-lived if they are not followed by more capital.
The current environment suggests that most of the Bitcoin appreciation/depreciation might take place in very short periods of time. On the other hand, these moves might be short-lived if they are not followed by more capital.
Today, we saw another article on Bitcoin on the Wall Street Journal blog. The piece is on the three key challenges ahead of the currency this year. The post argues these challenges are: regulation, adoption and volatility.