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Why are bitcoins worth $400+ now ?
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<p>[QUOTE="WLH22, post: 1825656, member: 57278"]Down over 20% today. China central bank banned banks from handling bitcoins transactions.</p><p><br /></p><p>If you were a business that accepted one of these for payment on Wednesday you just lost 20% of your income. This is one reason I would never accept these. I know other currency move up and down but not that much in one day.[/QUOTE]</p><p><br /></p>
[QUOTE="WLH22, post: 1825656, member: 57278"]Down over 20% today. China central bank banned banks from handling bitcoins transactions. If you were a business that accepted one of these for payment on Wednesday you just lost 20% of your income. This is one reason I would never accept these. I know other currency move up and down but not that much in one day.[/QUOTE]
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