USGS releases first study to assess global earthquake risk to mineral supplies
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
Bitcoin broke the $1,000 per unit barrier on Wednesday according to Japanese exchange Mt. Gox, which manages bitcoin trading.
At 16:40 GMT bitcoin had reached $1,073 per unit. One month ago bitcoin was trading at $205.
Bitcoin is moving quickly towards the value of gold, which was trading at $1,239 per troy ounce at the close of Wednesday trading.
Two weeks ago a US Senate hearing displayed no hostility towards the virtual currency, creating a surge of investment that has pushed bitcoin towards the $1,000 mark.
Though bitcoin has not yet been subjected to heavy-handed regulation in Asia, Europe and the US, regulators and lawmakers around the world are discussing the implications of the virtual currency’s expansion, particularly regarding its association with black market purchases.
4 Comments
Hey you
Should Bitcoin be measured in dollars or should dollars be measured in Bitcoin?
Anthony Maw
“b” is for “bitcoin” and “b” is for “bubble”. “v” is for “volatility” and “s” is for “screwed” investors.
Matt
Hahahaha……I wished I was in on Bitcoin and I wished I knew exactly when to get out, because other than a “collectors item” value this thing carries no value. You recieve for free……sell for 1072.00 and the guy who buys it will have a 1072.00 dollars worth of souvenier.
Scooby DID !
I Have 3000 units Matt. I’ll let you have 10 units for 1000 a unit ! Then it wont be a souvenier. Too bad you missed the boat. Crying about it won’t make you rich !