Once-dominant Bitcoin exchange Mt. Gox has fallen, and in the process I lost the last .02 bitcoins I had to my name. By the time Mt. Gox disappeared from the Internet and from Twitter late Monday, bitcoin were trading for about $100 apiece, more than 75 percent lower than the price of the cryptocurrency on more stable exchanges worldwide. Since I didn't back up or keep records of my fractional amount of bitcoin anywhere else, that's roughly $2 in digital currency that's likely just vanished forever.
I shouldn't really complain. I got in on the bitcoin game relatively early and had a good run. Last summer, a while before bitcoin value hit its insane peak of more than $1,000, I bought a few hundred bucks' worth of the currency via Mt. Gox and Coinbase. I preferred the ease of trading on Gox and moved all my bitcoin over to the Japan-based exchange, which was by far the largest of the exchanges at the time.… Read more