The Day When History Was Made – Bitcoin Is Now Over $10,000

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Updated January 17, Cryptocurrencies have been heavily sold off, amid fresh fears of a major regulatory crackdown in South Korea. It follows a sell-off last week when the idea of a law to ban trading was first raised by the Minister. Number two by market capitalisation, Ethereum, dropped by more than 25 per cent while Ripple, the number three, dropped by more than 40 per cent. In total, there are now more than 1, bitcoin price per day history being traded in an increasingly crowded space.

It is one of the biggest markets for trading cryptocurrencies, with college students and housewives all getting in on the action, stoking fears that it has become a type of gambling addiction.

IG's head of research Chris Weston said the surge in bitcoin and other cryptocurrencies was mostly driven by FOMO fear of missing out. However, Mr Weston said the rush to get in is being mirror by a panic to get out as the price of the cryptocurrencies tanks. In the space of just 10 minutes, five investors put several bitcoin price per day history dollars into a bitcoin ATM in central Sydney to buy more of the cryptocurrency at what they see as discount prices.

We've seen bitcoin price per day history hysteria stage. We've seen the hype stage, and now its come onto the regulators' radars as part of this bigger picture. The crash in prices comes soon after the man widely believed to be the world's savviest investor, Warren Buffet, said "I can say almost with certainty that cryptocurrencies will come to bitcoin price per day history bad end".

Huge price swings like these also bitcoin price per day history many question bitcoin price per day history usefulness of the cryptocurrencies as a medium of exchange. It is hard to agree on a price if it is shifting so remarkably fast. Legislation has passed Parliament that bitcoin price per day history force cryptocurrency exchanges to disclose details of investors and transactions. Australia's financial crime fighting agency AUSTRAC will be tasked with keeping an eye on trading to try to stop cryptocurrencies from being used for money laundering and financing terrorism.

First posted January 17, If you have inside knowledge of a topic in the news, contact the ABC. ABC teams share the story behind the story and insights into the making of digital, TV and radio content. Read about our editorial guiding principles and bitcoin price per day history enforceable standard our journalists follow. Ahead of the 40th Eurovision, Andrew McGarry looks back at the best, worst and oddest from the last four decades.

So how long does it take for microorganisms from your kitchen floor to attach themselves to that slice of pizza you dropped? Perhaps you're asking bitcoin price per day history the wrong question. If you painted one of these pictures, your work might soon be on show at an exhibition in Mexico.

By business reporter Carrington Clarke. Bitcoin prices plunged more than 20 per cent in the biggest sell-off for more than three years. Banks 'unwilling to work' with Bitcoin traders amid regulation concerns. Buffett plans for the future … and it doesn't involve bitcoin. South Korea flags ban on cryptocurrency trading, rattles market. Bitcoin prices plunged more than 20pc at some points in the past day Other major cryptocurrencies had falls of more than 40 per cent Falls are due to concerns that South Korea will ban cryptocurrency trading.

Bitcoin v US dollar exchange rate. We asked if the Bitcoin price drop had affected you. Read the discussion in the comments. What bitcoin says about us Bitcoin is a formula almost guaranteed to end in tears, but still speculators pile in to the bubble, writes Ian Verrender. Why we buy cryptocurrency despite the risks Will those who've made cryptocurrency profits pay their tax? Meet the investors sticking with bitcoin despite the market crash Iceland will soon use more energy mining bitcoins than powering its homes What bitcoin crash?

Aussies eye initial coin offerings This is what bitcoin price per day history to your bitcoin when you die Bitcoin buying among students so prevalent one school held a meeting Will Bitcoin go the way of MySpace and floppy disks?

What the bitcoin bubble tells us about ourselves TGIF! But don't spend your bitcoin on beer Bitcoin explained: The digital currency making millionaires. Technology Promising research aims to create a flystrike vaccine for sheep Mating research could help save northern hairy-nosed wombat Google AI mimics human 'navigation' brain cells — and takes shortcuts. Top Stories Malaysia's Mahathir makes shock return after upset election win Teenager arrested over spanner attack on autistic Melbourne student Outrage over death of French woman mocked by emergency operators Former milk millionaire jailed over bags of cocaine found in his Gold Coast apartment AMP bitcoin price per day history record protest vote as company issues an apology to Australia 'Catch me if ya can': Fugitive ex-bikie blogger caught in Adelaide Chart of the day: Australia's income tax is getting progressively less progressive 'No more fat to cut': ABC News boss takes aim at budget reduction Developer pleads guilty to illegal demolition of historic Melbourne pub Council tears up 'handball court' after residents complain about noisy children Man charged with murder over bashing death of tiny town 'drug dealer' with many enemies Israeli rockets blast targets inside Syria after Iranian forces 'attack Israeli bitcoin price per day history Opinion: Budget ignores the housing woes of an entire generation Opinion: Now imagine if he could actually shoot Analysis: North Korea leader Kim Jong-un is capturing the world's attention, so what is he up to?

Connect with ABC News. Got a news tip? Editorial Policies Read about our editorial guiding principles and the enforceable standard our journalists follow. Winners and losers Explore who wins and who loses as a result of Scott Morrison's budget. Is the 5-second rule enough? Did you paint this? ABC News boss takes aim at budget reduction Developer pleads guilty to illegal demolition of historic Melbourne pub Council tears up 'handball court' after residents complain about noisy children.

Just In Paine rejects claims Warner has been ostracised bitcoin price per day history teammates Authorities didn't consider 'whole picture' of family before 2yo's alleged rape: Minister 'Catch me if ya can': Fugitive ex-bikie blogger caught in Adelaide Film director says sorry for Islamic State terror stunt in Iranian shopping mall Eagles coach scathing on suggestions of a 'Nic rule' after tackle penalty upheld 'No more fat to cut': Australia's income tax is getting progressively less progressive Bitcoin price per day history pleads guilty to illegal demolition of historic Melbourne pub Former milk millionaire jailed over bags of cocaine found in his Gold Coast apartment.

Most Popular Malaysia's Mahathir makes shock return after upset election win An old song is now offensive. What should we do? Surgeon vs nurse, solicitor vs social worker, chippy vs GP.

Purging 'undesirables' from nightspots may just ruin their appeal What is Kim Jong-un up to? Budget ignores the housing woes of an entire generation Analysis: Another Downer could be in the race for the Adelaide Hills seat Only one submission backs government plan to drug test for the dole: Donald Trump may have put the Middle East on a path to disaster.

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There are currently 17,, Bitcoins in circulation, and , Bitcoin users unique addresses. Since Bitcoin's inception in , there have been a total of ,, Bitcoin transactions. All Bitcoin datasets include daily historical data that you can download, graph, embed or access via our free Bitcoin API.

Just click on any Bitcoin statistic or graph to see the entire data history as a time series. End of day price quotes are usually updated daily at 6: Quandl provides weighted average end-of-day price quotes and volumes for Bitcoin versus many other currencies:.

Quandl provides several measures of the size and value of the Bitcoin market, including the total number of Bitcoins in circulation, the market capitalization of Bitcoin, and the number of unique Bitcoin addresses in use. This section covers Bitcoin transaction activity data: This section covers Bitcoin transaction fees: Quandl provides basic statistics on the economics of Bitcoin mining: All of Quandl's Bitcoin price data and market statistics including full historical data is available for free via our unlimited, unrestricted Bitcoin API.

If you prefer, you can download Quandl's Bitcoin data using our free apps for Python, R, Matlab and more. You can also download Bitcoin data directly from within Excel using our free Excel add-in. Bitcoin is a digital currency based on an open-source peer-to-peer software protocol that is independent of any central authority. Bitcoin issuance and transactions are carried out collectively by the Bitcoin network. Bitcoin relies on cryptography to secure and validate transactions, and is thus often referred to as a "cryptocurrency".

Bitcoins can be "mined" by users, and also transferred from user to user, directly via computer or smartphone without the need for any intermediary financial institution. Bitcoin transactions are pseudonymous and decentralized. Proponents of Bitcoin argue that it is not susceptible to devaluation by inflation or seigniorage in the way other modern "fiat" currencies are.

Nor is it associated with an arbitrary store of value such as gold, unlike hard-money or representative currencies. The Bitcoin protocol was first described by Satoshi Nakamoto a pseudonym in Each bitcoin is divided into million smaller units called satoshis.

MtGox was the largest Bitcoin exchange in the world, until February when the site shut down and trading was suspended. It was subsequently announced on Bitcoin news that over , Bitcoins had been stolen from customers of this exchange. Quandl provides historical data for MtGox.

Note that this data stopped updating on 25 Feb Quandl has daily prices for over crypto-currencies from Cryptocoin Charts. You can view all Quandl's cryptocurrency time series on our Cryptocoin Charts source page. Dogecoin data, from Dogecoin Average, is available from our Dogecoin Average source. If you have any questions about this data, or would like to add more datasets to Quandl, please email us. For professionals, investors and institutions, we recommend the BraveNewCoin premium bitcoin databases.

These specialist databases include comprehensive, accurate, quality-audited, well-documented and reliable long-term price histories for the vast majority of cryptocurrencies.

JSON , CSV Bitcoin Market Size Quandl provides several measures of the size and value of the Bitcoin market, including the total number of Bitcoins in circulation, the market capitalization of Bitcoin, and the number of unique Bitcoin addresses in use.

More About Bitcoin Currency Bitcoin is a digital currency based on an open-source peer-to-peer software protocol that is independent of any central authority. Bitcoin Data from MtGox MtGox was the largest Bitcoin exchange in the world, until February when the site shut down and trading was suspended.