Results 1 to 3 of 3
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Newton, MA
    Thanked 1,632 Times in 990 Posts

    Default Price of bitcoin hits 34-month high

    There has been a lot of talk here on the forums over the past year or so about bitcoin (ICYMI, here's a link to GPWA Times magazine cover story: According to CoinDesk data, bitcoin hit a 2016 high on Tuesday and traded at a 34-month high of $788.49, following "Chinese stock market jitters."

    Experts said the rise in bitcoin on Tuesday was due to choppy Chinese stock markets which were trading lower for most of the day before closing in mildly positive territory. The Chinese yuan has also fallen against the U.S. dollar this year which has given a boost to bitcoin, according to Bobby Lee, chief executive of BTC China, one of the largest bitcoin exchanges in the world.

    "People are waking up to the fact that bitcoin is money in the cloud, so when you exchange from local currency like the Chinese yuan or U.S. dollar, you are exchanging this physical money to money in the cloud. What's good about money in the cloud, is it has been stable, the volatility has been down, it's a good store of value," Lee told CNBC by phone
    Read more from CNBC here:

  2. The Following 2 Users Say Thank You to The Buzz For This Useful Post:

    celena (14 December 2016), Renee (14 December 2016)

  3. #2
    PROFRBcom's Avatar
    PROFRBcom is offline Private Member
    Join Date
    April 2013
    Thanked 1,230 Times in 798 Posts


    Looks like it's taken another big leg up in the last week!

    Lots of open positions available, PM me:
    • Online Poker Reviewer
    • Live Poker Venue Reviewers in US, CA, AU
    • Poker Book Reviewer
    • Drupal Developer
    • Forum Moderator
    • Twitch Poker Streamers

  4. #3
    Roulette Zeitung is offline Public Member
    Join Date
    July 2012
    Blog Entries
    Thanked 6,683 Times in 2,949 Posts


    The result of the hype?

    Cybercriminals on Dark Net Make $1000 to $200,000 in BTC a Month



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts