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Bitcoin Tops $1,000 For the First Time

Posted by ryuzaki0 on Wednesday November 27, 2013 @05:36AM from the from-the-top-you-can-only-go-down dept.

An anonymous reader writes with this bit from The Next Web "Bitcoin hit a new milestone today, passing the $1,000 mark for the first time. The virtual currency is currently trading above the four-digit figure, with its highest at $1,030 on Mt. Gox, one of the largest exchanges. Last week, Bitcoin's high for the day was $632. That means its trading value has surged 62.83 percent in a week, assuming we're looking at just its high points. That figure could of course rise even further if Bitcoin continues to push further up throughout the day."

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dammit... by gabereiser · 2013-11-27 05:39 · Score: 5, Funny

why didn't I buy 1,000 bitcoins when they were $50 a few years ago!!!
Re:Sell now. by Anonymous Coward · 2013-11-27 05:39 · Score: 5, Funny

Nonsense, it'll keep skyrocketing in perpetuity! Adios Beanie Babies, daddy found himself a new gravy train. Choo choo!
If central bankers are like rats... by Anonymous Coward · 2013-11-27 05:41 · Score: 5, Funny

... then Bitcoin is like rat poison.
Seriously, its your protection against money printing.
Re:Who wants to prick the bubble? by Anonymous Coward · 2013-11-27 05:46 · Score: 5, Funny

Nope, he's old school, pickax and wheelbarrow. The black lung is a bitch though.
Re:Who wants to prick the bubble? by east+coast · 2013-11-27 05:55 · Score: 5, Funny

Oh, so he plays Minecraft too?

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Re:Where is all of this money coming from? by crtreece · 2013-11-27 07:42 · Score: 4, Funny

I do ATM
You might want to spell out the acronym in that context.

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