Bitcoin Quiz - Question List

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16. Which of the following services does NOT accept bitcoins?
  1. Wordpress
  2. Reddit
  3. OkCupid
  4. Alibaba
17. In 2011, the value of a single bitcoin skyrocketed to $32 from $0.30, thenplummeted back to which of the following?
  1. $0.10.
  2. $0.25.
  3. $0.50
  4. $2.00.
18. In late 2013, the Securities and Exchange Commission arrested a man in this US state for attempting to operate a Bitcoin Ponzi scheme:
  1. Illinois.
  2. Arkansas.
  3. New York.
  4. Texas.
19. Several highly respected figures, ranging from Alan Greenspan to Chinese officials, have issued warnings about Bitcoin, citing which of the following risks?
  1. Lack of intrinsic value.
  2. Inflation.
  3. Deflation.
  4. None of the above.
20. After the Chinese government issued a stern warning against Bitcoin, the value for a single bitcoin fell from over 1,200USD to well below which of the following?
  1. $400.
  2. $600.
  3. $800.
  4. $1,000.

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