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40 2013 edit In February 2013 the bitcoin-based payment processor Coinbase reported selling US1 million worth of bitcoins in a single month at over 22 per bitcoin. Seeking solutions to preserve their holdings before the bailout's conditions take effect, many of these account holders begin buying bitcoin en masse, driving a price rally through early April that brought the value of one bitcoin from about 80 to over 260.

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See also: Bitcoin scalability problem and List of bitcoin forks A fork referring to a blockchain is defined variously as a blockchain split into two paths forward, or as a change of protocol rules. 107 In April 2016, Steam started accepting bitcoin as payment for video games and other online media.

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Retrieved te D'Orazio (21 December 2013). This verification was later debunked by the Bitcoin community.

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Retrieved "11/ Chain Fork Information". 168 In a March 2014 article in Newsweek, journalist Leah McGrath Goodman doxed Dorian. "Bitstamp Claims 5 Million Lost in Hot Wallet Hack". Our goal is to enable people, not block them. Retrieved 4 December 2017.

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It remains unclear if the customer funds were insured by BitGo and if customers will be fully reimbursed. Sources: Jamie Dimon, head of JP Morgan calls Bitcoin as fraud - September 12, 2017 Bitcoin value: 4166.59 Bitcoin value 10 days later: 3807.07 View Event #68 on Chart JPMorgan Chase. This pre-programmed limit to inflation is a major driver of the currency's economic controversy, value appreciation and speculation.