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WHAT IS BITCOIN Bitcoin is a virtual currency, the first of a new form of money held only online that can be used either to spend likecash’ , as an investment. The world s largest business website, luxury, markets, media, personal finance , technology, CNNMoney is CNN s exclusive business site with business, small business. There is a lot of money to be made trading Bitcoin , other cryptocurrencieshave seen an explosive growth in cryptocurrency value.
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PayPal saw double digit growth in both revenue , but a less robust forecast weighed on its shares in after hours trading as., profit during the past quarter
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Warren Buffett has warned bitcoin backers face disaster , suggested the online currency craze will fail Bitcoin surged as much as 1 900 per cent last year. Japan s online entertainment , e commerce giant DMM Group announced it is launching a cryptocurrency exchange called DMM Bitcoin on January 10.
Bitcoin s hyper frenzy saw exchanges pummelled with trading volumes on Wednesday as Bitcoin surged aboveUS10 000 for the first time in the technology s history