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Bitcoin Nears $17,000 After Climbing About $4,000 in Less Than a Day

Posted by msmash on from the topsy-turvy-world dept.

As economists attempt to make sense of Bitcoin, the cryptocurrency rocketed above $17,000 for the first time moments ago, adding about $4,000 to its price in fewer than 24 hours. Security reporter Brian Krebs tweeted on Thursday, "Closing in on $17k per bitcoin now (mind you, it was almost at $16k less than an hour ago. This is totally fine." Late Wednesday, finance author Ben Carlson wrote: Bitcoin has achieved something I've always wanted to see in the stock mkt - a reverse 1987 (20% gain in a single day)

2 of 464 comments (clear)

  1. Re: Steam no longer accepts them by spire3661 · · Score: 4, Informative

    Valve cited this yesterday as the reason they are no longer accepting Bitcoins as a payment option.

    "As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin."

    http://steamcommunity.com/game...

    --
    Good-bye
  2. Re: So... by devman · · Score: 4, Informative

    Incorrect.

    You can literally deposit $170 to GDAX (coinbase) right now (if it were not crashing) and buy 0.01 BTC, there is no minimum to open a trading account on coinbase.

    To trade on equity markets you could go open an account with Fidelity, Schwab, or Robinhood (if app only is your thing) right now with no minimum and go trading to your hearts content.