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Bitcoin falls over $100 in a day on reports of ponzi scheme

November 20th, 2015 | by BTC News
<b>Bitcoin</b> falls over $100 in a <b>day</b> on reports of ponzi scheme

Bitcoin falls over 0 in a day on reports of ponzi scheme
“Today’s sharp sell-off was accelerated by the publicized reappearance of possibly another scandal in the form of an emerging Ponzi scheme, which elicits fears of a ‘not-again’ blow to bitcoin,” said fiat currency and bitcoin trader Ashfaf Laidi …
Read more on Reuters

Genesis Trading, Binary to Bid in Final Silk Road Bitcoin Auction
Major bitcoin industry companies including Digital Currency Group (DCG) subsidiary Genesis Trading and bitcoin hedge fund Binary Financial are set to participate in a government auction of just over 44,000 BTC (worth $ 18.3m at press time) to be held on …
Read more on CoinDesk

Bitcoin swings wow, but hold onto money
As the mutual-fund industry moves closer to its first real bitcoin funds, the latest upswing in the price of bitcoin — which moved from $ 250 to above $ 450 on some exchanges in the last month — again had investors wondering if they should take the …
Read more on The Seattle Times

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