Bitcoin breaks 1000 dollar mark: favored by game developers

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Sina Science and technology news Beijing time January 6 morning, after the American social game developer Zynga announced that it would accept bitcoin in some of its games, the virtual currency Mt.Gox the price of a $1000 dollar mark again.

Bitcoin exists in the form of software and is not controlled by any country or central bank. The virtual currency of January 6 in Mt.Gox prices soared to around 1119 dollars.

Bitcoin first broke the 1000 dollar mark at the end of last November, when the Mt.Gox trading price reached a record 1238 dollars on December 4. But after stopping deposits in China's largest bitcoin market, its value plunged to $640 trillion. And as more and more merchants began to accept Bitcoin, the virtual currency rebounded gradually. Zynga is the latest company to announce the acceptance of Bitcoin.

"In spite of all the adverse news from China, bitcoin shows astonishing resilience." Nicolas Crass Nicholas Colas, chief marketing strategist at investment firm Convergeex Group, said: "This strong rally is a positive sign of the continuing interest of investors." ”

Bitcoin's currency, which was about 13 dollars a year ago, is widely accepted and speculative speculation has sharply boosted its price. Bitcoin received much more attention last October when the "Silk Road" site, which used Bitcoin to trade guns and drugs, was seized. Many people think that this shows that bitcoin can get a wider range of popularity. Last November, U.S. law enforcement and security agencies said in a Senate hearing that Bitcoin could be a legitimate trading tool.

A Zynga spokesman has confirmed that the company will accept Bitcoin payments: "Farmviulle 2", "Castleville" and other game players can pay by BitPay payment service.

Zynga said: "We look forward to listening to the player's feedback on the Bitcoin test to try to provide the best gaming experience." ”

Victoria's Secret has been signed with Gyft, allowing users to buy gift cards in Bitcoin. Overstock.com also plans to accept Bitcoin payments this summer, saying it will take some time to find a way to accept Bitcoin trading and to hedge against the currency's sharp fluctuations.

"I think prices will continue to rise as Bitcoin's investment demand rises and market resistance is eliminated," said Gil Luria, an analyst at the US brokerage Wedbush Nomura. The 1000 dollar mark is really important, as it is likely to dispel the scepticism raised by the sharp devaluation of the bitcoin currency. (PEI)