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Bitcoin Nears $17,000 After Climbing About $4,000 in Less Than a Day

Posted by msmash on from the topsy-turvy-world dept.

As economists attempt to make sense of Bitcoin, the cryptocurrency rocketed above $17,000 for the first time moments ago, adding about $4,000 to its price in fewer than 24 hours. Security reporter Brian Krebs tweeted on Thursday, "Closing in on $17k per bitcoin now (mind you, it was almost at $16k less than an hour ago. This is totally fine." Late Wednesday, finance author Ben Carlson wrote: Bitcoin has achieved something I've always wanted to see in the stock mkt - a reverse 1987 (20% gain in a single day)

2 of 464 comments (clear)

  1. Putin is laughing... by 140Mandak262Jamuna · · Score: 0, Troll
    The West had good law enforcement and good governance. People got used to the safety and became more and more trusting. Immigrants like me coming from societies with very low "trust" were amazed by the level of trust and honesty of Americans.

    Then the trust was exploited and misused for political gains by Republicans using long smears talk radio etc.

    And the internet breached all barriers and allowed crooks who know how to exploit trusting people from all over the world to come in.

    Did we win the cold war? Or is Russia having the last laugh?

    With Russia hacking everything connected to the net in sight, who in the right mind would "invest" in bit coins? All this money is going to make the Russian hackers even more powerful.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
  2. Re: So... by Khyber · · Score: 1, Troll

    Plenty of exchanges have a minimum buy in. Trades are not buy-ins. Please retake basic stock market classes.

    --
    Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.