Watch MtGox CEO Mark Karpeles admitting that 850.000 bitcoins (with a worth of nearly half a billion dollars) held by the exchange are definetely gone……
After the FBI-seizure of Silk Road, a marketplace for drugs and similar items, Bitcoins loose about 15% in value – as about USD 1,2 billion in Bitcoin flowed through Silk Road – with a remarkable commission.
Full story and chart: Bitcoin Falls 15% Following FBI’s Silk Road Seizure | TechCrunch.
Allowing seamless transactions of cash out of a bank account into the cloud, Bitcoin has become an interesting solution for economies under pressure. Bitcoin downloads now have risen from 1% to 3% of the whole in Argentina and interest is remaining high.