Analysis of News relating to the Digital Money Ecosystem

Bitcoin is still sliding after Thursday's wipeout - Business Insider UK

15/09/2017 Link to source

Bitcoin is still sliding after Thursday's wipeout The cryptocurrency has started Friday on the backfoot too. At 7.50 a.m. BST (2.50 a.m. ET), Bitcoin is down 1.7% against the dollar to $3,193.40. The below chart shows what a terrible week it's been for Bitcoin, shedding over $1,000 in value over the ... and more »

Context

	United Kingdom The United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the north-western coast of continental Europe.
	Virtual Currency Virtual currencies, also known as crypto currencies are a form of digital means of value transfer.
	Virtual Currency Virtual currency differs from electronic money as the currency has no physical counterpart with legal tender status. The schemes, of which Bitcoin is the most well known are generally based on a peer-to-peer network.
	Bitcoin Foundation The Bitcoin Foundation was launched in September 2012 to accelerate the global growth of bitcoin through standardization, protection, and promotion of the open source protocol.
	Bitcoin Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority.
	Cryptocurrency Cryptocurrency is the term used to refer to virtual currencies such as Bitcoin.
	Bitcoin Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collect

---