New Post has been published on Bitcoin:Views
3 Reasons Why the Price of Bitcoin is Surging
7 November 2013 | By Jessica Roy | business.time.com
The price of Bitcoin, the digital cryptocurrency favored by hackers and privacy buffs, has experienced a steady uptick over the past few weeks, hitting an all-time high of $305 over night. That number shatters the currency’s previous high of $265, which it reached in April 2013 before the bubble burst and its price tumbled back down to $60. The conversion tool Preev currently lists Bitcoin’s price at $296. Why the sudden increase? Here are three factors:
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