Bitcoin Price Increases Amid Waning Negative Hype
Bitcoin has jumped up by about $7. Yesterday, it was hovering near the $233 range after it dropped from about $245. The digital currency had experienced a healthy surge during the recent week, but was undoubtedly wounded by the hacking attacks and other malicious activity that occurred over the weekend. Now it's likely that some of that angry, negative hype is dying down. The media had gotten their hands on these stories and reported them to death, and now enough time has gone by for people to marginally forget about what's happened. Furthermore, those affected by the cyberattacks are now....
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Despite a year of developments, Google Trends displays that interest in Bitcoin today is the same as a year ago at the same time. Last year during this time Bitcoin was coming off the hype of the Cyprus banking crisis and MtGox had temporarily shut down its site because of attacks causing a panic sell-off. The story this time isn't that different, pressures from the People's Bank of China and the collapse of MtGox have caused prices to fall and has left interest waning. But now people shouldn't hear too much about these stories and if they do, it seems like only positive news can come from....
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