Well, we have certainly seen a turn around in the value of Bitcoin this week. We haven't had the opportunity to use the rocket icon for some time when discussing the value of Bitcoin...However, now seems appropriate.
The ongoing remarkable story is how the negative media attention to the Oct 2nd price drop is generating interest in Bitcoin and bringing new attention to the currency. Those who are already invested in Bitcoin have noted the pricing rebounded to a new monthly high price of $154 on BTC-E.
For savvy investors who may have timed the market perfectly...the Oct 2nd price of $80 has risen to $154 (192% return in only two weeks)
The Bitcoin network capacity was noted at 1494TH/s, expanded to 2145TH/s last week and is now 2808TH/s. The Bitcoin network is now 188% over the span of two weeks.
The Bitcoin market capitalization was listed at $1.652B dollars two weeks ago and now has increased to $2.190B (MT Gox Pricing).
This is a means the Bitcoin market as a whole has increased in value by $538M in two weeks. Buckle your seat belts...Bitcoin rocket has taken off!!
Oct 19 - $154/BTC on BTC-E exchange
The ongoing remarkable story is how the negative media attention to the Oct 2nd price drop is generating interest in Bitcoin and bringing new attention to the currency. Those who are already invested in Bitcoin have noted the pricing rebounded to a new monthly high price of $154 on BTC-E.
For savvy investors who may have timed the market perfectly...the Oct 2nd price of $80 has risen to $154 (192% return in only two weeks)
The Bitcoin network capacity was noted at 1494TH/s, expanded to 2145TH/s last week and is now 2808TH/s. The Bitcoin network is now 188% over the span of two weeks.
The Bitcoin market capitalization was listed at $1.652B dollars two weeks ago and now has increased to $2.190B (MT Gox Pricing).
This is a means the Bitcoin market as a whole has increased in value by $538M in two weeks. Buckle your seat belts...Bitcoin rocket has taken off!!
Oct 19 - $154/BTC on BTC-E exchange
Oct 2 to Oct 18 - BTC-E exchange Bitcoin Pricing
Current Bitcoin Network Status - using Mt.Gox Bitcoin Pricing
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