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Bitcoin News

A roundup of the top Bitcoin news from August 12 to August 18:

Tuesday, August 13

• 22 Bitcoin Companies Issued Subpoena by New York Department of Financial Services

Wednesday, August 14

• After New York Inquiry, Senate Jumps on Bitcoin Bandwagon

Thursday, August 15

• Google’s Android Security Team Addresses Bitcoin Vulnerability

Friday, August 16

• Analyst Dick Bove Says Buy Bitcoin at $50, Today’s Price above $100

Saturday, August 17

• Top 10 Countdown: Most Popular Bitcoin Stories in July 2013

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I’ll Buy Bitcoin at $50 — Dick Bove

In a statement that seems to be either out of touch or bearish on the current Bitcoin market, banking analyst Dick Bove said he would buy Bitcoin at $50.

Bove is vice president of equity research at Rafferty Capital Markets. He continued in a phone interview, “If I could buy them at a low enough price, like $50, then I think it would be worthwhile speculating with a few of them.”

The currrent price of Bitcoin is over $100.

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