My bitcoincharts.co According to the Mt Wednesday. Gox site offline trading at record levels with $ 1,237.96 closing Bitcoin fell to $ 877.46 on Friday.

According to the Huffington Post earlier this week, as noted in the Wall Street Journal last few months Bitcoin bright large part of the rise was experienced in China due to speculative trading . As stated in the NY Times on Thursday, China's central bank , Chinese banks can not use digital currency , saying it has made a negative impact on trading . Bitcoin from China's central bank announced the word " literally is not a currency ," said. Although this situation , Chinese investors Bitcoin speculation does not mean they can not continue to do , though born four years ago for the digital currency Bitcoin as it was in the nature of a coup . Known as Satoshi Nakamoto created by a hacker or hackers Bitcoin , like the U.S. dollar and Chinese yuan, the national currency has the potential to be a viable digital alternative . On the other hand Bitcoin , money laundering and drug trafficking as the illegal use is preferable in terms of decision-makers to accept Bitcoin concern that one day completely brought to the forefront .