Bitcoin price increase 2013

Bitcoin Price Crosses $600, Rising 34% in One Month

The price of bitcoin has increased above $600, rising over 7% in the past 24 hours and 34% in a month.

The last time the price was over $600 was 21st March, during a gradual decline that eventually saw the value reach a low of $344 on 11th April.

This makes it the largest company, to date, to accept bitcoin. Previously, online retailer Overstock was the largest, with revenue of $1.3bn in 2013.

Bernie Han, executive vice president and chief operating officer at DISH, said: “Bitcoin is becoming a preferred way for some people to transact and we want to accommodate those individuals.”

Source: www.coindesk.com June 3, 2014 – 13:10

Bitcoin is now attracting professional investors

2013-12-19 18:16:15 by gnostic2012

November 30, 2013
Trading in foreign exchange markets averages $5.3 trillion per day, an increase in the last three years of more than a third and London still dominates as the worlds number one location with 41% of the global market going through the City."
"But there is a (fairly) new kid on the block, the Bitcoin, and London wants a slice of that business."
"The Bitcoin is the first decentralised electronic currency that is not controlled by any one organisation or government