Mt. Gox is not bitcoin: mainstream media outlets call Armageddon for bitcoin

If anyone outside of the bitcoin community would have listened to various mainstream media outlets this week, one would think that the virtual currency market has imploded, investors have lost their entire net wealth a la 1929’s Black Tuesday and critics have been proven correct. This … [Read more...]

Bitcoin speculators purchasing rights to Mtgox accounts amid price decline

Is this the last great buying opportunity or a signal that bitcoiners need to help shut down the Tokyo-based Mt. Gox exchange through the tools of the market? The company has repeatedly stated that it's working to fix a software glitch, which means users have been unable to withdraw … [Read more...]