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Apple Removes Bitcoin App As Bitcoin Plummets

Posted: Sun Feb 09, 2014 1:57 pm
by Reub
Mt Gox has halted withdrawals on bitcoin after Apple removed the blockchain.info wallet from its products:

http://seekingalpha.com/news/1556511-bi ... ithdrawals

Bitcoin plummeted after the news.

Re: Apple Removes Bitcoin App As Bitcoin Plummets

Posted: Sun Feb 09, 2014 8:04 pm
by edsanville
Reub wrote: Mt Gox has halted withdrawals on bitcoin after Apple removed the blockchain.info wallet from its products:

http://seekingalpha.com/news/1556511-bi ... ithdrawals

Bitcoin plummeted after the news.
MtGox has done this before.  Luckily, there are a couple dozen other bitcoin marketplaces, such as bitstamp.  I hope the price stays low for a few more weeks, so I can get a discount on my monthly purchase of a small amount of bitcoin.

Bitstamp is probably the better marketplace for exchanging USD for BTC.  Here's the price chart for bitstamp:

http://bitcoincharts.com/charts/bitstam ... 1g10zm2g25

EDIT: It does appear that bitstamp has more volume than MtGox:

http://bitcoincharts.com/charts/volumepie/