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Friday, December 6, 2013

Bitcoin Price - 12/6/13 December 6, 2013

Bitcoin Price - 12/6/13 December 6, 2013

The price of Bitcoin was volatile today with the trading system at Mt Gox showing a lag time of over 80 minutes.  Over the past 24 hours Bitcoin has dropped from $1,155 to $800.  At the time of this Bitcoin report, Bitcoin is trading at $917.

I was watching the big drop and while the system backed up for while, the price of Bitcoin stabilized in the low $800's and there seems to be strong demand down there.  Bitcoin has bounced three times in the past week in the $800's.

Reporting live from Mt Gox, I'm Tim. Stay classy world.

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