Bitcoin News

Bitcoin Money blog (@BitcoinMoney) gives a monthly wrapup on Bitcoin for the month of August, 2012. Excerpts:

“August 2012 became the sixth month in a row that the BTC/USD exchange rate ended higher than the level it was at when the month had begun.”
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“August’s closing price of $10.16 is an 8% gain over July’s close and means that so far this quarter (Q3 2012) there has been a 51% gain.”
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“For 2012, where the price opened at a $4.72 level, the price rise from January 1st now exceeds an eye-popping 115%.”
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“The 243,950 bitcoins issued which Bitcoin miners took in during the month is valued at $2.67 million using the average daily valuation for the month of $10.94.”
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“MPEx, the largest exchange where Bitcoin options are traded, reported that in August a record 75,000 CALL and PUT option contracts were traded on its exchange platform.”
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Unlike commercial endeavors which may do phased rollouts of their offerings, one region at a time, awareness of Bitcoin is occurring organically and in numerous places across the entire globe simultaneously.”
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“This is evidenced with requests as to how bitcoins can be purchased seen for the time from Turkey, Bolivia, Iceland and elsewhere. The traffic hitting the BitcoinTalk forum has been rocketing higher recently, and several Bitcoin website owners have reported seeing the traffic growth occurring primarily from outside the U.S.”

- http://www.bitcoinmoney.com/post/30706441112

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