Bitcoin 2013: Day 1
Yesterday was the first day of Bitcoin 2013, the first major Bitcoin conference of the year. There were no presentations yet, other than an opening address including Cameron and Tyler Winklevoss, but right from the moment businesses started setting up their booths around noon the conference room was teeming with life. Over a dozen booths were present,....
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Results from the past do not offer guarantees for the future. It's the legal disclaimer that comes with every new financial brokerage account and trading promotion. And for good reason. Because results from the past, do not offer a guarantee for the future. Then again, history tends to repeat itself. Let's take a look at the two most recent Bitcoin bubbles: Bitcoin to USD - Jan 2013 to Oct 2013. Bitcoin to USD - Aug 2013 to Jul 2014. If you superimpose them over each other, a clear pattern emerges: Bitcoin to USD chart - April 2013 and December 2013 bubbles superimposed. The similarity....
Bitcoin’s recent price plunge isn’t quite like late 2013 as many Bitcoin investors and traders assume. In November of 2013, the price trend of Bitcoin was nearly identical with the rally of Bitcoin in the final months of last year. On November 25, 2013, Bitcoin reached a price of $988 on most global Bitcoin exchanges, including Bitstamp. However, when China announced its first “ban” on Bitcoin, the price of Bitcoin dropped 36 percent within 30 days, declining to $625. #bitcoin's current price volatility due to #PBOC is nothing like the November 2013 rise and fall. Orange line = then, Blue....
Some good news for you Christmas Bitcoin lovers. Bitcoin just won the award "2013's Best Currency of the Year" by Global Post. This is awesome news and could give us a small boost in the positive direction. Hopefully we will win it next year as well. I personally believe that the year 2014 will be the biggest Cryptocurrency year yet to come. Now let's see :-). Here is an excerpt from Global Post: And the GlobalPost 2013 End of the Year Award for Best Currency goes to: Bitcoin. 2013 was the year that Bitcoin, a virtual currency traded anonymously via peer-to-peer exchanges, emerged from the....
Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on October 7, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time price high at $69,000. 2013 Whale Transfers 2,207 Bitcoin Worth $147 Million On Wednesday, November 10, 2021, a ‘forgotten’ stash of bitcoins that sat idle for eight years and woke up for the first time since the wallet’s creation. The action was caught by Btcparser.com and....
Bitcoin Magazine's live blog coverage continues into Day Three as Bitcoin 2013 wraps up. Note: Times are GMT.