| Last fall we saw bitcoin receive an unusual amount of attention. The upstart crypto currency had an exponential rise from $125 to more than $1,125 per unit on Bitstamp, only to fall back below $500 this spring (see “It’s a $, it’s a €, it’s cryptocurrency,” right).
Additionally, the closing and bankruptcy of the Tokyo-based Mt. Gox (the largest bitcoin exchange with more than 600,000 customers) garnered substantial negative press and threatened the stability of bitcoin...........................................Full Article: Source
|