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Author Topic: 2012-06-11 betabeat.com - Bitcoin Gets a Boost From Euro Crisis  (Read 974 times)
julz (OP)
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June 11, 2012, 10:20:05 PM
Last edit: June 12, 2012, 06:41:22 AM by julz
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Bitcoin Gets a Boost From Euro Crisis
The fledgling digital currency Bitcoin is probably safer than that flimsy currency backed by an entire continent, some traders figger.

Adrianne Jeffries
2012-06-11

http://betabeat.com/2012/06/bitcoin-gets-a-boost-from-euro-crisis/


...
The Financial Post reports that fear over the value of the euro, strained by potential government insolvency in Greece and Spain, has led to a significant uptick in euro-for-Bitcoin trading.
...

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June 12, 2012, 02:39:29 AM
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proudhon
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June 12, 2012, 03:03:50 AM
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LOL!

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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June 12, 2012, 07:22:52 AM
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Given the cyberattack last month in which thieves made off with $90,000 in Bitcoins–that’s €71,738 euros, by the way

Gah! Why can't reporters ever understand how significant figures work? Angry What if the USD/EUR exchange rate happens to change by 0.0017488%? Roll Eyes

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