Post
Topic
Board Bitcoin Discussion
Topic OP
CNN : The Bitcoin Bubble Re-Inflates
by
the founder
on 19/04/2013, 13:30:34 UTC
BItcoin prices are back in rally mode, just one week after it looked like the bubble had started to burst.

Early Friday, Bitcoin prices traded as high as $136.43 before pulling back to $119.36. That's more than double this week's low of $50.

Trading volume doubled in just two hours.

The price of the virtual currency, which was created by an anonymous hacker just four years ago, has increased almost 20-fold this year. It gained particular attention in the wake of a mini-bank run in Cyprus, which had raised concerns about the health of government-backed paper currencies like the euro and the U.S. dollar.

http://money.cnn.com/2013/04/19/investing/bitcoin-prices-rally/