Bitcoin
Out of context: Reply #152
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- CableStudios0
Bitcoin price reaches a record high for the first time since April
"The price of bitcoins rose to $267.40 on Tuesday, setting a new all-time record on Mt. Gox, the largest Bitcoin exchange. This is the first time the cryptocurrency has set a price record since the price reached $266, and then imploded, in April.
The new record high appears to be driven in part by surging demand for the currency in China. The volume of yuan-to-bitcoin trading in recent weeks on the leading Chinese exchange, BTC China, has been near record highs. That's very different from Mt. Gox, where trading volume in recent weeks has been much lower than it was in April. This suggests that Chinese speculators may be playing a larger role in the current appreciation than they did during the previous bull market in April."- When will the people who called Bitcoin a bubble admit they were wrong?CableStudios
- it is a bubbledrgs
- going to $300CableStudios
- then $1000CableStudios
- (you will probably get in at $1000)CableStudios
- have you asked yourself what generates these values?drgs