5.23.2014

Bitcoin rising from consolidation

In the aftermath of the Mt. Gox debacle, Bitcoin spent a month trading remarkably steadily in the low-to-mid $400 range.

Until now. The last few days it has been steadily marching upward to the $540 range. Gotta love a chart like this.

Chart courtesy of bitcoincharts.




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Quotations from Chairman Varones

 Inflation is progressive utopians encountering resource constraints for the first time.