Tuesday 21 May 2013

Bitcoin 21 May 2013

The current Bitcoin price is $122.03002 with an average of $122.31 for the last 24 hours.   The trading range is tight indicating a stable price level.  Volume stands at 17 359.33.

Blocks    237120
Total BTC    11.178M
Difficulty    11187257
Estimated    11836231 in 768 blks
Network total    70.114 Thash/s
Blocks/hour    5.25 / 685 s

One of the Headline news in Yahoo Finance isn't very great.   After Government Raid, Jittery Future for Bitcoin.   It was saying that after the seizure of assets of Bitcoin largest exchange, we are getting nervous.  Are we?  I think most of us took it quite well as this is not the first time Bitcoin is subjected to such treatment.   The Bitcoin prices did not indicate any nervousness of the markets at all.   In fact, it has been extraordinary stable.   I think this is a good quote in the article ""It is a little bit of a hysterical reaction from the U.S. authorities," Jon Rushman, former managing director at BlackRock and a professor at the University of Warwick in the U.K. said in a statement".

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