After bitcoin's rough week, currency strategist marks the next level to watch

Boris Schlossberg, managing director of foreign exchange strategy at BK Asset Management, told CNBC's "Trading Nation" that bitcoin's decline over the last week (a loss of a little over 16 percent, according to Coinbase) may spook investors or appear as a dip to buy. But at this juncture, $ 10,000 per …
Google Alert – bitcoin

Bitcoin's Very Bad Week Continues With South Korea Considering Shut Down of Exchanges

According to the market tracker Coinhills, the Korean Won is the third-most traded currency for bitcoin, and it regularly gives the US Dollar competition in related altcoins like Ethereum. In early December, the New York Times spoke with a 77-year-old South Korean man who said he hoped to make up for …
Google Alert – bitcoin

This Week in Bitcoin: Markets Wobble While Fees Keep Soaring (

Bitcoin never sleeps or slows. With the holidays approaching, there was zero chance of the world’s leading cryptocurrency taking a break so we could tend to last-minute shopping and drinking. Like the primadonna that she is, this week in bitcoin continued the year’s trend of hogging the limelight, with tales of rising fees and Coinbase misbehavior fueling much of the action.
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$1.8M withdrawal stuck in Bitstamp for more than a week now

As seen in this sub, the only way to actually get a reaction from exchange customer representatives is to make the issue public.

I have withdrawn $ 1.8M from Bitstamp last Tuesday (5 December). Needless to say, the wire is still pending and there is no reaction whatsoever from support (the only message I received was a generic "I have already escalated your case to the appropriate department who will further process your request." yesterday).

The issue is reminiscent of MtGox – this is exactly how their downfall has started. ATH, no replies from reps, missing withdrawals.

I'd advise against holding any serious amount of money in Bitstamp – I'm starting to seriously doubt their solvency. Please upvote to make the issue more visible.

Support ticket #242125

submitted by /u/throwaway_stamp
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Bitcoin – The Currency of the Internet

After bitcoin's wild week, traders brace for futures launch

The futures are cash-settled contracts based on the auction price of bitcoin in U.S. dollars on the Gemini Exchange, owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss. “The pretty sharp rise we have seen in bitcoin in just the last couple of weeks has probably been …
Google Alert – bitcoin