I've read conflicting information about how much money was demanded in the ransomware attacks yesterday. Was it really 2 bitcoins? If so I wonder if that could account for the recent runup in price?
According to CNN the cost was $300. initially and went up every hour the ransom remained unnoticed and unpaid, they also said it would be in the tens of thousands for those that didn't discover the attack last week and would first be seeing the demand on Monday after the weekend.
All of these companies/organizations should be paying for a forensic analysis, to whatever extent is possible, in case the ransomware aspect was/is just a cover for something else.
My understanding is that each computer that was infected displayed the ransomware message which requested $300 to $600 worth of Bitcoin, and hundreds of thousands of computers were infected. So, the total amount of requested funds was far more than 2 Bitcoins.
Other uses:
+ Side stepping foreign currency exchange fees. (I don't have AMEX Platinum).
+ transfer or receive payments online from individuals, without PayPal or Paypal fees, or resorting to money order.
+ sometimes I trade things I no longer need online or offer my contracting services and the recipient 'has BTC' but not much actual money. So I accept the BTC as barter.
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+ Side stepping foreign currency exchange fees. (I don't have AMEX Platinum).
+ transfer or receive payments online from individuals, without PayPal or Paypal fees, or resorting to money order.
+ sometimes I trade things I no longer need online or offer my contracting services and the recipient 'has BTC' but not much actual money. So I accept the BTC as barter.