Bitcoin is back in the news, as some moves cause the value to rise again in November to over 400 USD.(http://www.coindesk.com/price/) Speculations on different causes exploded in the bitcoin and financial communities, and of course the bitcoin demise profeets made a comeback to once again declare that this is a.. bubble! a ponzi scheme! that it …
Current Bitcoin Rate in US dollars: It all started August 18, 2008, when a person or a group, known only as “Satoshi Nakamoto” registered a new domain known as Bitcoin.org. From there, he released an initial design paper for the new cryptographic Bitcoin currency on October 21st, registered the Bitcoin client project on Sourceforge on November 9, and mined …