Is Bitcoin Destined to Fall Back Below $100? and Trends for 2014

It was an interesting last seven days in bitcoins. Leading the news was an announcement that BTC China was temporarily suspending CNY deposits. The news led prices on the exchange to plummet in dollar terms from over $800 to a low of around $350, before stabilizing in the $600 area.

The fall led to a debate about whether prices were destined to fall further or not. Discussing the decline and if sub-$100 prices are in sight was a panel bitcoin roundtable on This Week in Startups. In addition, the panelists discussed their views about the future of bitcoins, why China was restricting the digital currency, as well as their thoughts on how the recent $25 million investment into Coinbase would turn 2014 into the year of bitcoin investing from venture capitalists. Read it all on Digital Currency Magnates

Also occurring this week was a post on Payment Magnates about the future trends of retail in 2014. Recent surveys pointed to another year of positive momentum in terms of the amount of firms accepting bitcoin. The fuller report on Major Retailers to Accept Bitcoin in 2014.

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Are Bitcoin CFDs safe? Also in Digital Currency Magnates was a discussion on the pros and cons of bitcoin CFDs. Do they replace the real thing, or are they inferior clones?