"All bets are off" now that Bitcoin has broken $20k, says trader

Bitcoin zipped past $20,000 per coin this morning, pushing the asset into uncharted waters. After toying with all-time price highs in recent weeks, Bitcoin (BTC) finally crossed $20,000 for the first time on Wednesday. The digital currency hovered around $20,800 at time of publication. “We have been waiting for this moment for years, and now that $BTC #Bitcoin has finally broken 20k, all bets are off,” Cheds, a crypto trader and analyst on Twitter, told Cointelegraph. “What happens next could make history,” he said, adding:“Do we blast to 30k? Or do we pull back to 14k and form a cup and....


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SatoshiDice hit by DDoS attack, but bets continue

Bitcoin gambling site SatoshiDice has recovered after being felled for several days by a DDoS attack. The site went down several days ago, and was inaccessible from the Internet. Erik Voorhees, who created the site and sold it for $11.5 million in July, no longer runs the site, but naturally still has insights into how it operates. DDoS attacks happen a lot to bitcoin gambling sites, he said. "They largely wasted their money," he said of the attackers, pointing out that the website isn't needed for the placing of bets. It simply provides information about bet statistics, and bitcoin....