Bitcoin value graph 2013

CHART OF THE DAY: Bitcoin Collapse Silk Road

Today the FBI seized and shut down Silk Road, a website that allowed customers to buy illegal drugs using Bitcoin. As part of the bust, the government took 26, 000 Bitcoins, or the equivalent of about $3.2 million, from Silk Road.

Following the news, Bitcoin's value began to collapse. Early this morning, one Bitcoin was worth about $123. As of this writing, it's hovering around $100.

Here's a chart that shows Bitcoin's collapse today. You can see where exactly where the Silk Road news hits.

bitcoin chart of the day value plummets silk road

Source: www.businessinsider.com June 3, 2014 – 13:22

Good question, IDK?

2013-09-02 20:45:27 by -

Connected Nodes
Bitcoin is only as strong as the network on which it is based, so the value of connected nodes cannot be overlooked in an analysis of global adoption. The chart below shows a snapshot of the geographical breakdown of connected nodes taken on May 18.
This chart represents individual node connections, not total hashing/mining power. Were working on an article to cover this topic in the depth it deserves, but for now we can see a story consistent with the rest of this analysis. The United States remains the power player, with significant interest from China