This week in Bitcoin: the fall of Mt. Gox, the Winkdex, and the rise of the ATMs

This week in Bitcoin: the fall of Mt. Gox, the Winkdex, and the rise of the ATMs This week in Bitcoin: the fall of Mt. Gox, the Winkdex, and the rise of the ATMs (charts) — Tech News and Analysis Welcome to Gigaom's new weekly Bitcoin roundup. These... More

This week in Bitcoin: the fall of Mt. Gox, the Winkdex, and the rise of the ATMs This week in Bitcoin: the fall of Mt. Gox, the Winkdex, and the rise of the ATMs (charts) — Tech News and Analysis Welcome to Gigaom's new weekly Bitcoin roundup. These events show why we need a better way to keep an eye on the fast-moving world of Bitcoin.? Each Friday we'll post a series of charts and? new summaries to make Bitcoin a little more understandable for those inside and outside the cryptocurrency world. This week in Bitcoin The Bitcoin market this week fluctuated from a low of around $552 to a high around $668. It was a little stronger earlier in the week, before falling to $556 at publishing time. For background on why we're using Coindesk's Bitcoin Price Index, see note at bottom of the post.? But when put on a different axis, the price of bitcoins suddenly looks a lot more stable. The real story is with Mt. Gox, highlighted in yellow below, as customers struggle to withdraw cash and bi Less