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Bitcoin Tops $1,000 For the First Time

Posted by ryuzaki0 on 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."

1 of 371 comments (clear)

  1. November, 2013: by Anonymous Coward · · Score: -1, Troll

    ..still wasting your time and energy on Buttcoin.
    What're you all going to do when governments decide to "confiscate" your Bitcoins and squash it out of existence as the illegitimate insurgency against legitimate currency that it is?
    Seriously, isn't it mainly being used to support criminal and terrorist activites? Aren't the rest of you, who aren't criminals and terrorists, just "Useful Idiots", unwittingly facilitating crime and terrorism?
    Finally, isn't this about on the same level, fundamentally, as collecting Magic or Pokemon cards (hell, or Beanie Babies for that matter)?

    Not even trolling; I'm dead serious.
    I'm so happy I didn't get sucked into this scam..