Post
Topic
Board Press
Re: Bitcoin press hits, notable sources
by
Neyo
on 13/06/2011, 19:01:38 UTC
Bitcoin’s Black Friday
http://ftalphaville.ft.com/blog/2011/06/13/592661/bitcoins-black-friday/

"The digital currency has not gone unnoticed by the City either. On Monday, this little tidbit was floating around London’s trading community — fired off by a currency trader at a leading bank:

We noticed the amazing rally of the Bitcoin vs the dollar. The peer-to-peer virtual currency has risen as much as 5600% against the USD over the last year, trading from $0.5 to a little over $28 at last Thursday’s close. To put this into perspective, if we saw ‘cable’ make the same move in the next year, £1 would be worth $9,515.68 — anyone making that currency play would literally coin it in…"