Practice Quiz

Bitcoin Quiz - Question List

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6. After the FBI shutdown the Silk Road in October of 2013, the value of a Bitcoin plunged to which of the following values after trading around $130 the day before?
  1. $65.
  2. $75.
  3. $85.
  4. $95.
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7. After Chinese officials issued a warning against Bitcoin, the Central Bank of this European nation followed suit, citing several risks associated with the digital currency.
  1. France.
  2. Germany.
  3. United Kingdom.
  4. Spain.
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8. Not long after CNN labeled Bitcoin a “shady online currency,” in October 2013, this major newspaper referred to Bitcoin as the “currency of choice for seedy online activities.”
  1. USA Today
  2. The New York Times
  3. The Washington Post
  4. The Los Angeles Times
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9. In what year was the first Bitcoin block, also known as the genesis block, mined?
  1. 2007
  2. 2008
  3. 2009
  4. 2010
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10. On November 27th, 2013, the trading value for a single bitcoin surpassed what historic milestone, spurred by the currency’s increasing popularity in China?
  1. 400USD.
  2. 600USD.
  3. 800USD.
  4. 1,000USD.
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