Thursday, 16 May 2013

Bitcoin 16 May 2013

The current Bitcoin price is $114 with an average of $110.89 for the last 24 hours.   This is a good narrow range which really says something about the stability of our Bitcoins.  

Blocks    236353
Total BTC    11.159M
Difficulty    11187257
Estimated    11721521 in 1535 blks
Network total    77.658 Thash/s
Blocks/hour    5.82 / 619 s

Bitcoin News - The coming political battle over Bitcoin which is quite heartening as it claims that Bitcoin had the attention of the mainstream media.   However further reading is disappointing, as it talked about Bitcoin being misused by criminal elements, as if the USD or any other currency hasn't.  Next on CNN Money, "I would be very surprised if Bitcoin is still around in 10 years," said Bremmer, the founder and CEO of Eurasia Group, the world's largest risk consulting firm.  A doomsday prediction for Bitcoin.   Definitely hope that he is wrong and absolutely wrong.

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