Bitcoin Forum

Bitcoin => Press => Topic started by: epere on August 22, 2014, 10:01:47 AM



Title: [2014-08-22] Tech race fuels Bitcoin mining bubble
Post by: epere on August 22, 2014, 10:01:47 AM
http://www.ft.com/cms/s/0/140813c0-2938-11e4-9d5d-00144feabdc0.html

If Bitcoin is a bubble, it is a bubble that began deflating on November 29 2013. At its proudest moment the price of one unit of the much-ballyhooed virtual currency was $1,242, which meant the value of all the Bitcoins in the world was just under $14bn.