Posts Tagged ‘Bitcoin price’

Bitcoin Price is on the Rise Again

17, Oct 2015

bitcoin-price-increase

The last few days the exchange rate of Bitcoin (BTC) has been steadily going up and today it has surpassed the $270 USD mark and that may not be the highest point it may reach this time. So you might want to keep a closer look at how things progress, though unfortunately it seems that the peak in price of BTC is not affecting much other coins as Litecoin this time. LTC has been keeping a steady exchange rate for a while now at a little above $3 USD. The exchange rate for ETH/BTC is going down, but due to the increase of the price per BTC the USD/EUR rate for Ethereum is still keeping relatively stable, but low level. This market situation is resulting in miners looking for some alternative coins to try mining and maybe get a better profit instead of the more established or popular ones in the last few days. The results is clearly seen in some altcoins having temporary spikes like DGB or GeoCoin among others, so you might want to keep an eye on the altcoin market for other not so popular names as well.

US Marshals to Auction The Last 44K BTC from Silk Road

6, Oct 2015

usms-bitcoin-auction

The U.S. Marshals are auctioning approximately 44341 Bitcoins, the last remaining Bitcoins in its custody in connection with the criminal conviction of and civil forfeiture action against Ross Ulbricht and Silk Road.

The auction will take place during a six-hour period Nov. 5 from 8 a.m. to 2 p.m. EST. Bids will be accepted by email from pre-registered bidders only. The bitcoins are being offered in 22 blocks: 21 blocks of 2,000 bitcoins and 1 block of just over 2,341 bitcoins. The winning bidder(s) will be notified Nov. 6.

The registration period starts Oct. 19 and runs until noon Nov. 2, at which time potential bidders must have completed all registration requirements. Registration documents that were submitted for the Marshals’ previous bitcoin auctions are not valid for this auction; interested bidders must submit new registration documents to be considered for this auction.

– For additional details and requirements to participate in the new BTC auction by USMS…

Bitcoin and Litecoin Prices Going Up

17, Jun 2015

bitcoin-price-spike

After quite some time with pretty stable, but low prices the exchange rate of BTC and LTC seems to be climbing up to more attractive levels for both miners and traders. Bitcoin has stabilized at the $250 USD level and Litecoin has reached the $3 USD level, but aside from the question what has caused the resent spikes in price there is another important question – will the prices get back to their previous levels, stabilize at their new levels or continue to rise. This is actually the hard part to predict, but the good thing is that there is finally some action going on on the market and better prices can also help the bit stagnant home mining segment… that is if they keep at a high level or continue to rise. This is especially important for small scale mining operations that are having hard time remaining profitable and with a ROI time in foreseeable future. So let us see what is going to happen in the following few days…


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