Bitcoin Forum

Bitcoin => Press => Topic started by: Mowcore on October 06, 2014, 02:40:36 PM



Title: [2014-10-06] BBC - Bitcoin price falls to 11-month low
Post by: Mowcore on October 06, 2014, 02:40:36 PM
BBC - Bitcoin price falls to 11-month low

http://www.bbc.co.uk/news/technology-29507443

Quote
The value of one bitcoin has fallen to its lowest level for almost a year.

On Sunday afternoon the Bitcoin hit a low of $290 ($181), and the virtual currency lost about 18% of its value across the whole weekend.

The crypto-currency has seen its value steadily fall since December 2013, when each bitcoin was briefly worth more than $1,100.


Title: Re: [2014-10-06] BBC - Bitcoin price falls to 11-month low
Post by: jjacob on October 07, 2014, 04:03:12 AM
Nice to see that it isn't fully a doomsday story.

"For anyone complaining about the current price of Bitcoin, remember it has more than doubled over the last 12 months." he wrote. His message was accompanied by a graph of values from exchange Bitstamp, which showed this time last year the Bitcoin was worth about $120