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Bitcoin Pricing is Shooting Up
April 27, 2013
8:43 am
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Anonymous
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Bitcoin, the fastest growing currency in the world, is gaining strength each passing day. In the past the digital currency has shown trends of being volatile but it is slowly becoming more stable and can become a game changer. Just to give you an idea by March 30, 2013, “the combined value of all Bitcoins in circulation surpassed $1 billion”. The exchange rate of each individual bitcoin rose above $92. Furthermore, the total number of Bitcoins reached 11 million – a huge leap from the record value of $32 recorded a month back from the date mentioned above. Yet, critics may argue that the rise of Bitcoins has its own share of problems. According to the guardian.co.uk, “The value of Bitcoins plummeted more than $160 yesterday (April 10th , 2013) after hitting a new high of $266. It continued to fall on other exchanges Thursday, trading below $100 in many. Two months ago the digital currency was valued at $20.”

The extreme swings of Bitcoins pricing make it a risky affair along with various technical problems and regular hacking attempts. However, these issues and the recent crash will not mark the end of the digital currency as predicted by Gavin Andresen, Chief Scientist of Bitcoin Foundation. Bitcoin is now accepted by Pizza for Coins, Mega, Reddit, Wikipedia and Wordpress even though sudden ups and downs have been the topic of debate for the Bitcoin supporters and detractors.

The rise of the online currency from $10 at the beginning of the year to a huge $260 on April 10th, has been linked to many things ranging from the popularity of bitcoins amongst the general public, the economic troubles in Cyprus to the acceptance of bitcoins as a mode of pament by various online retailers.

April 27, 2013
9:18 am
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sonik360
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go back to your call centre you stupid indian

April 27, 2013
11:07 am
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Wizard of Sorrow
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To sum up that wall of text…

The security of the forums needs updating.

Thanks for the reminder.

April 28, 2013
6:51 am
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Apollo-Godz
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WoS, I think your security has a little leak.

April 28, 2013
6:55 am
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Wizard of Sorrow
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I’ve updated the forums to the latest edition.

The Indians have been oppressed. The British would be proud.

April 28, 2013
10:37 am
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sinkko
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BCoin13 you need to submit an application if you wana join mooshou. check the appropriate section of forums thanks mate

April 30, 2013
1:01 am
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sinkko
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will: sick dog

will: will

Kayle:

View post on imgur.com

will: http://nw.perfectworld.com/media/videos

will: https://register.perfectworld.com/nw_splash

will.i.am *live*: im goin gym be back a bit later

will: your a dwag

will: dwaaaaag

will: dwaaaaaawwwgg

Kayle: U WANT SOME SWAG

Kayle: WITH UR DWAG

will: swag dog

will: dwawg

Kayle: SWAG DWAG

will: dog swag

will: http://www.youtube.com/watch?f…..9K18CGEeiI

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