2013-03-07 Suddenly, Everyone’s Talking About Bitcoin…

[finway]

I was at a technology conference earlier this week, and the most popular topic of casual conversation was Bitcoin, the electronic currency invented and unleashed a few years ago.

Interestingly, the conversation started before Bitcoin prices went bananas earlier this week.

During dinner on Sunday night, Bitcoins were worth about $35 apiece.

By the time the conference ended this morning, they had hit $49.

That meant that one of the folks who extolled the virtues of Bitcoin to me at dinner on Sunday had booked an electronic profit of 40% on his Bitcoins in three days.

http://biweekly.isvoc.com/374855.html

[1714934680]

1714934680

[Gabi]

Not bad, but lol:

According to this chart below, though, the value of Bitcoins has now crashed all the way back to $34, so the profit was shortlived. It was presumably nice while it lasted, however.

It is 42 now