Bitcoin Hits Highest Levels In Almost Three Years (reuters.com)

Posted by msmash on Friday December 9, 2016 @08:20AM from the peak-time dept.

Digital currency bitcoin hit its highest levels in almost three years on Friday, extending gains since India sparked a cash shortage by removing high-denomination bank notes from circulation a month ago. From a report on Reuters: Bitcoin was trading as high as $774 on the New York-based itBit exchange, up almost 1 percent on the day and the highest since February 2014, having climbed almost 9 percent in the past month. It has climbed around 80 percent so far this year, far exceeding its 35 percent rise in 2015.

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Re:Looking forward to 1BTC/$3000 by mid 2017... by PvtVoid · 2016-12-09 08:38 · Score: 2, Insightful

Because this time it's different!
Re: Too bad it's volatile as hell by Anonymous Coward · 2016-12-09 09:42 · Score: 2, Insightful

Clearly you haven't seen the USD ten year chart.