What Bitcoin Crash?

In the wake of the new round of restrictions placed by China in early December, Bitcoin took a tumble, however it looks like it’s on a slow road to recovery. As  of today 12/30/13 it’s trading at $800 (MtGox).

Read More at  allthingsd.com

That Giant Bitcoin Crash in the Wake of China Restrictions? It Never Happened.When news surfaced two weeks ago of a fresh round of restrictions China was placing on businesses transacting in the bitcoin ecosystem, the value of bitcoin plummeted. The CoinDesk Bitcoin Price Index, for example, showed that bitcoin traded as low as $422 around Dec.

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