As I write this, the Bitcoin Investment Trust (NASDAQOTH:GBTC) is trading at more.Bitcoin has turned out to be perhaps the hottest investment commodity of all time.
The currency is still pretty volatile, its value changes constantly.Interestingly, Bing beat out Google in the race to allow users to figure out how much their Bitcoins are worth in real money.That makes the virtual currency only slightly less expensive than an ounce of gold.
The Bitcoin chart in USD on a logarithmic scale suggest that Bitcoin value could be at 10,000 USD.Just two months ago, bitcoin only just inched above the value of gold.Photos from GIX launch: New tech institute helps elevate Seattle region as global tech hub.Bitcoins are hotter than ever. Now a U.S. Senate panel is taking a close look at the digital currency.Four Charts That Suggest Bitcoin Value Could Be At 10,000 USD.GeekWire Podcasts — Weekly update with our latest audio episodes.Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto.Seahawks owner Paul Allen honored by team 20 years after saving franchise from leaving Seattle.
Bitcoins have increased 7.5 times in value over last year, but it looks more like tulip bulb mania than good investing.From a user perspective, Bitcoin is pretty much like cash for the Internet. with millions of dollars worth of bitcoins exchanged daily.Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors.Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
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Microsoft announced today that Bing is now capable of currency conversions with Bitcoin.One thing is common with Bitcoiners is that they love to speculate on just how much a single Bitcoin could be worth.
Week in Review: Most popular stories on GeekWire for the week of Sept. 10, 2017.