October:
- Bitcoin exchange Gemini safe and legal: Founders (cnbc.com, *) • 'Cameron and Tyler Winklevoss, famous for their legal spat with Facebook founder Mark Zuckerberg, launched bitcoin exchange Gemini on Thursday.'
- Winklevoss Exchange Gemini Struggling to Win Bitcoin Traders (coindesk.com) • 'Gemini, the long-awaited New York-based bitcoin exchange founded by Cameron and Tyler Winklevoss and billed as the "Nasdaq of bitcoin", finally debuted on 8th October.
November:
- This convicted Ponzi-schemer may be responsible for bitcoin's massive price spike (businessinsider.com) • 'Bitcoin is ripping higher these days, and a report from the Financial Times suggests that a convicted Ponzi-schemer's latest enterprise could be behind the surge.'
- Bitcoin Fluctuates (techcrunch.com) • 'If you haven’t stared at the price of bitcoin over the past few days, you’ve missed some excitement.'
A useful graph showing recent bitcoin price movements can be found at Bitcoin Price Index Chart (coindesk.com).
Another story that garnered attention was EU clamps down on bitcoin, anonymous payments to curb terrorism funding (reuters.com). Negative stories on bitcoin are nothing exceptional, e.g. Ben Bernanke: Bitcoin Has 'Serious Problems'. It's worth paying attention when a former Federal Reserve chairman talks about money. What are those 'serious problems'?
"It hasn't shown to be a stable source of value" [...] and its role as "a vehicle for illicit transactions, drug selling or terrorist financing or whatever".
This sort of story often generates sharp comments from the bitcoin community and in this case there were more than 150. Most of them focused on the concept 'stable source of value' in contrast to the U.S. dollar.
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(*) NB (to myself for later action): The CNBC page gave me a message that I hadn't seen before -- 'The audio or video on this page requires DRM software that Firefox does not support' -- along with an accompanying link, Watch DRM content on Firefox.
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