Quote from: MatTheCat on March 03, 2014, 07:02:10 PM

Quote from: mercilesssuggy on March 03, 2014, 05:54:22 PM

I didn't even read the body of the post.

In answer to the question in the subject, no. The rise is due to the UK confirming Bitcoins will be treated like a currency so no VAT at all on currency trades. The news is breaking across news-sites worldwide this afternoon... As a new news-site breaks the news, there's a bigger jump in the price.

Erm yes. Bitcoin goes fucking off the scales parabolic on regulatory reshuffling from UK government.

Are u going for forum idiot of the month award?

What's wrong with that?

That's very, very bullish. Regulation is bullish on it's own and this type of extremely positive regulation from such an important country is huge.

Saying that, I doubt that caused such a rise but it was very bullish thing that would surely be priced in soon.