Wednesday 29 May 2013

Bitcoin 29 May 2013

The current Bitcoin price is $129 with an average of $128.02 for the last 24 hours.   It is about less than a dollar difference comparing the 24 hour average which is getting good.   Observing the stability of the Bitcoin with great joy.   This means that it is getting better and better as a trading currency.   Volume stands at 23 552.05 which is less than half that of yesterday's.

Blocks    238431
Total BTC    11.211M
Difficulty    12153412
Estimated    12535053 in 1473 blks
Network total    101.521 Thash/s
Blocks/hour    7.00 / 514 s

Today's news headlines Bad News for Bitcoin?   I was expecting the worse.   But it turned out that the Fed had shut down Liberty Exchange for a alleged $6 billion money laundering.   I do not think it is fair to even equate Bitcoin with Liberty Exchange.   You can use the USD for money laundering too.  It is the purpose, not the currency at fault!  

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