Bitcoin has lost 10% of its value thanks to the theft of 120,000 Bitcoins from Hong Kong-based digital currency exchange
A massive Bitcoin price drop since the dizzy heights it enjoyed a year ago, UK clearing banks refusing to open accounts for companies in the sector (even those merely supplying software or services to the sector) and the hacking Europe's largest Digital Currency Exchange, Bitstamp, have all been widely reported and referred to by the naysayers.
The newspapers and airwaves have been full of comment about digital currencies (especially Bitcoins) over recent months. Many of these are full of "shock and awe" statements with prophesies of doom and the imminent collapse of society.
Last year Doge was taking over the internet as the ridiculously photogenic Shiba Inu with dodgy grammar. Such wow. But now
Belgian tech entrepreneur Olivier Janssens has become the first person to pay to fly in the digital currency Bitcoin. Janssens
With media reports on Bitcoin's soaring price, the millionaires it has made and the growing number of businesses accepting it as a form of payment, many people are now asking whether it may become the digital currency of the future.
The buzz around Bitcoin continues. You cannot read a newspaper or blog without news, developments and investments in this most famous of crypto-currencies being mentioned and dissected.
Sir Bob Geldof has sharply dismissed the prospects of Bitcoin succeeding as an alternative payment system, warning that the
The speed in growth of the site is testament to people's need for the service it provided. Since its creation in 2011 to its demise in autumn 2013, some $1.2 billion worth of transactions took place. There were some 957,000 registered user accounts.
Crystal ball gazing is a hazardous activity, but one thing is certain without mystical help: 2014 is going to be a turbulent year for the economy. Both for professional and personal finances the New Year promises to be one of opportunity and peril, of innovation and uncertainty.