{"id":40737,"date":"2014-10-05T21:45:33","date_gmt":"2014-10-06T01:45:33","guid":{"rendered":"http:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/bitcoin-prices-dive-below-300\/"},"modified":"2014-10-05T21:45:33","modified_gmt":"2014-10-06T01:45:33","slug":"bitcoin-prices-dive-below-300","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/bitcoin-2\/bitcoin-prices-dive-below-300\/","title":{"rendered":"Bitcoin prices dive below $300"},"content":{"rendered":"

Coinbase is now showing a bid-ask spread of $293.80-$294.22. That puts Bitcoin (COIN, OTCQB:BTCS) over 55% below its June highs, and roughly 75% below its late-2013 all-time highs. Plenty of theories are being thrown around to explain the decline. Bulls argue a stronger dollar is taking a toll, as is dollar conversion by the growing number of merchants\/platforms accepting Bitcoin. Bears argue a speculative bubble is bursting, with the total value of Bitcoins in existence falling towards a level that reflects their actual usage (still relatively low). Bitcoin Watch states Bitcoin's total market cap is now just slightly above $4B. 852K Bitcoins (current value of $250M) were sent over the last 24 hours. Fred Wilson, still an ardent believer in the cryptocurrency, has observed Bitcoin's 2-year chart bears some resemblance to Gartner's diagram for the hype cycle surrounding important new technologies. Share this with a colleague<\/p>\n

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Originally posted here:
\nBitcoin prices dive below $300<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Coinbase is now showing a bid-ask spread of $293.80-$294.22. That puts Bitcoin (COIN, OTCQB:BTCS) over 55% below its June highs, and roughly 75% below its late-2013 all-time highs. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94873],"tags":[],"class_list":["post-40737","post","type-post","status-publish","format-standard","hentry","category-bitcoin-2"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/40737"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=40737"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/40737\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=40737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=40737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=40737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}