by Gary Gibson, Dollar Vigilante:
Have you been keeping up with Bitcoin’s latest ups and downs? I love this stuff! Even if it ends up at zero, it will have been a hell of a great ride.
Bitcoin seemed a great buy when the thugs at the FBI shook up the black (free) market with their seizure of the first Silk Road which took the price down to around $100. Those who scooped it up then must have been feeling awfully bright as it hit $250 just days later. I was excited to see it heading down to $235 all of a sudden and very publicly cheered on a crash back to $100 (so I could get even more). Instead Bitcoin charged up to about $400 this weekend. As of this writing, my hopes for another nicely priced buy-in are back up as it took a brief plunge below the $300 mark.
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