Wednesday, November 27, 2013


Well that escalated quickly. Having broken above $900 yesterday to new record highs (and a 100% gain in a week), the crypto currency is not looking back now. On what is higher than average volume this morning, Bitcoin just broke above the magic $1000 level for the first time (at $1025). Meanwhile, the BTC China "arb'd" rate is around $950 for those playing at home; and Litecoin has just topped $26 (from $4 a week ago!)
Bitcoin tops $1,000, Zerohedge

Already bought some.

Ironically, when they stop denominating it in ponzi like "federal reserve notes" then you'll know it's beginning to be incorporated into people's lives as a currency. 

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