Forget a collapse of the grid, EMP attack, nuclear war, etc. Have you ever considered what would happen to Bitcoin, or any Crypto for that matter, if just 1% of those who held it decided to sell?Continue reading Bitcoin is a virtual currency that has no intrinsic value.The only thing giving bitcoin value is the faith that people have in it, .At one time, Mt.Gox boasted more than a million accounts and it accounted for approximately 25 percent of all global bitcoin trading.But now the website has been taken down, there are rumors of catastrophic losses, and In fact, according to one report, investors could be facing total losses of up to .A fool and his digital money are soon parted.Continue reading The cryptocurrency known as Bitcoin has endured several flash crashes this week as first MtGox, and then BitStamp were forced to halt withdrawals due to issues with Bitcoin transactions settling due to massive DDoS cyber attacks.JP Morgan, who according to reports continues its attempts to launch its own cryptocurrency (in competition to Bitcoin) has issued several scathing attacks on Bitcoin in the past week.

In response, longtime Bitcoin advocate Max Keiser is publicly alleging that JPMorgan is behind the Bitcoin DDoS attacks!Continue reading The Bitcoin bubble has just entered the stratosphere, ironically while the Senate holds its first hearing regarding regulating the e-currency in a hearing titled: “Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies”.Continue reading After MtGox halted trading for 12 hours to allow the market to “cool down”, trading resumed at 10pm EST tonight.Not surprisingly, from $120 where it was when trading was halted earlier Thursday, before rebounding back above $100.Continue reading Trading in Bitcoin has been halted for 12 hours to allow the market to “cool down” per Mtgox after crashing to $79 this morning.That should help instill confidence in the virtual currency after yesterday’s trip to $265, crash to $105, bounce to $200, dip to $140, etc. Continue reading Just a few hours ago Bitcoin was soaring to new , a double since Monday.

Over the past couple of weeks, the price of Bitcoin has gone up 50 per cent, spiking at over $2,700 per unit on Thursday.Demand has been so great that popular exchange Coinbase has been unable to keep up."Coinbase has experienced unprecedented traffic and trading volume this week," the exchange warned.bitcoin mining atom" has suffered a few outages and downgraded performance for some users this week.bitcoin elliott waveOur engineering and support teams are working around the clock to restore the site to normal performance."tesla bitcoin miningThe cause of all the kerfuffle appears to be Japanese retailers and investors, who are piling in after the government there announced in April that Bitcoin is now legal tender.bitcoin czy to bezpieczne

Companies like no-frills Japanese airline Peach are now accepting Bitcoin to book flights and other businesses are following suit, in part to woo Chinese business.Investors are also showing up in a big way, since Japanese interest rates are actually negative at the moment, meaning it costs money to save.how to mine litecoin 2014Those planning for the future see Bitcoin as an alternative currency that's looking a lot more attractive than a traditional savings account.ethereum tokens listAdding to the currency's credibility is the fact that South Korea has announced that it also plans to make Bitcoin legal, spiking demand in that country.chơi game kiếm bitcoinOn some South Korean Bitcoin exchanges the currency is trading at a premium, reaching over $3,000, which also led to a certain amount of arbitrage trading.bitcoin core to electrum

While the currency has lost a few hundred dollars in value during Friday trading, some are predicting the price will climb higher.And there are also warnings that we might be seeing another Bitcoin bubble.We have been here before, after all.The bitcoin price has gone up and down like the Assyrian Empire, buoyed by optimism and crashed by hacking attacks and thefts, causing a collapse in confidence.bitcoin just crashedPrices are dropping at the moment, hovering around $2,300.It remains to be seen if we're in a bubble or not, but the currency's value trend is upward – albeit with a lot of ups and downs along the way.S&P 500)Dow 30)Nasdaq)ZacksJanuary 5, 2017Bitcoin (BTC), a popular digital cryptocurrency, is on track to have one of its worst days in years after prices suddenly fell more than 20% in morning trading Thursday.While some investors think today’s action is just an adjustment after a months-long rally, others are blaming the expiration of loans from several Chinese BTC platforms for the sell-off.Today’s "Crash"Bitcoin opened the day at $1.129.87 and shortly hit an intraday high of $1,153.02 in morning trading.

However, the cryptocurrency quickly dropped as low as $887.47, a plunge of more than 21%.BTC was able to rally again in the early afternoon, and prices returned above the $980 level by 1 P.M.According to some Bitcoin traders on a popular Reddit forum, today’s crash could be the result of a free loan period offered by several Chinese BTC platforms coming to an end.One user pointed out that many Chinese BTC holders would have to sell their bitcoins to pay back loans that end on January 7 Beijing time.Of course, today’s sell-off could also be a value-based adjustment as BTC approached all-time highs.The currency has been on an insane run over the past several months, gaining more than 80% since October 2016.Indeed, Bitcoin traders are no strangers to volatility, and the nature of the currency lends itself to swings that we wouldn’t expect from traditional currencies.What is Bitcoin?As mentioned before, Bitcoin is a cryptocurrency, meaning that it is an encrypted digital currency that only exists virtually and operates independently of a central bank.

Launched in January 2009, Bitcoin has grown quickly and has become a widely-accepted form of payment online (Also read: Explaining Bitcoin and Crypto Currency).Bitcoin is considered an anonymous currency because it is possible to send and receive payments without revealing any personal information.Transactions are tied to a bitcoin address, a series of numbers and letters.All transactions are stored in the so-called blockchain, which records and verifies transactions.This blockchain is operated by a network of “miners” that monitor and validate transactions.In return, miners receive newly issued bitcoins.Bottom LineTrading bitcoins can be a test of one’s patience and determination.One of the most fascinating things about the currency is its legion of loyal long-term holders, and these folks are likely to overlook one-day crashes.Nevertheless, today’s sell-off underscores the volatility that keeps a lot of investors away from BTC.Long-Term Buys You Won't See in the NewsThe stocks you see in today's headlines may not be in the news tomorrow or next week.