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Wed Apr 10, 2013, 12:36 PM

 

Bitcoin Hits New Record, Crosses $250

Source: ZeroHedge

It seem like it was only yesterday that Bitcoin crossed $200 for the first time. Oh wait, it was. It is now 24 hours later, and as parabolic rises imply, it is only "fair" that the price of the electronic currency (expressed in the same currency that incidentally can be created out of thin air and is used to transact for BTC) is some 25% higher, or well over $250.... In one day.

Read more: http://www.zerohedge.com/news/2013-04-10/bitcoin-hits-new-record-crosses-250



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Arrow 13 replies Author Time Post
Reply Bitcoin Hits New Record, Crosses $250 (Original post)
Paul E Ester Apr 2013 OP
mahatmakanejeeves Apr 2013 #1
Kelvin Mace Apr 2013 #8
RedstDem Apr 2013 #2
sharp_stick Apr 2013 #5
n2doc Apr 2013 #3
Gregorian Apr 2013 #4
closeupready Apr 2013 #6
On the Road Apr 2013 #12
closeupready Apr 2013 #13
Nye Bevan Apr 2013 #7
cbdo2007 Apr 2013 #10
Nye Bevan Apr 2013 #11
DesMoinesDem Apr 2013 #9

Response to Paul E Ester (Original post)

Wed Apr 10, 2013, 12:39 PM

1. May I interest you in some tulip bulbs?

I will not accept payment in Bitcoins.

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Response to mahatmakanejeeves (Reply #1)

Wed Apr 10, 2013, 01:57 PM

8. But I sure as hell would sell any I had

at this point.

This will be UGLY.

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Response to Paul E Ester (Original post)

Wed Apr 10, 2013, 01:01 PM

2. i'm thinking bubble

sounds like it might pop soon.

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Response to RedstDem (Reply #2)

Wed Apr 10, 2013, 01:04 PM

5. Me too

Some people are going to lose a pile of cash on this I think.

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Response to Paul E Ester (Original post)

Wed Apr 10, 2013, 01:02 PM

3. pop?

Will anyone care when this one pops? Reminds me of late 70's silver. And certain dot com companies. When we get to the exponential stage the end is always near. Probably within the next 5 days.

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Response to Paul E Ester (Original post)

Wed Apr 10, 2013, 01:03 PM

4. I can't wait to listen to what Max Keiser has to say about this.

Last week he said it was too big a threat to the large banks. And that they'd destroy it somehow.

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Response to Gregorian (Reply #4)

Wed Apr 10, 2013, 01:22 PM

6. Yep, in conjunction with the Treasury Department and

the Fed. They are going to kill it.

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Response to closeupready (Reply #6)

Wed Apr 10, 2013, 04:55 PM

12. Doesn't Look Like That Will be Necessary

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Response to On the Road (Reply #12)

Wed Apr 10, 2013, 05:41 PM

13. As long as it's liquid, it will have short-term value.

It could be selling at a 1:1 ratio with the dollar, and still be useful.

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Response to Paul E Ester (Original post)

Wed Apr 10, 2013, 01:35 PM

7. Sure, it's a bubble. But it might get to $1000 before it pops.

Or $5000. Who knows? Talk about greed versus fear......

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Response to Nye Bevan (Reply #7)

Wed Apr 10, 2013, 04:10 PM

10. Famous last words....

Sure hope you didn't jump in to that bubble bath.

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Response to cbdo2007 (Reply #10)

Wed Apr 10, 2013, 04:46 PM

11. My fear exceeds my greed (nt)

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