Tag: Bitcoin

Why Bitcoin Isn’t Gold?

The recent bankruptcy of Mt. Gox curbed down the staggering rally of Bitcoin. This recent controversy raised the debate over the validity of Bitcoin. Despite the securities issues related to this currency, the current price of Bitcoin remains high at over…

Is China Important for Bitcoin?

Despite the high volatility in the price of Bitcoin, it continues to hover close to the $1,000 mark. Even the news of China’s boycott of the virtual currency didn’t dampen Bitcoin users and investors from holding on to it. Some…