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A Prediction: Bitcoin Is Doomed to Fail
The New York Times ^ | November 27, 2013 | Edward Hadas

Posted on 12/02/2013 8:26:08 AM PST by Star Traveler

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To: Kozak
Bitcoin Drops 50% Overnight As China’s Biggest BTC Exchange Stops Deposits In Chinese Yuan

China’s biggest Bitcoin exchange, BTCChina, has stopped accepting deposits in Chinese yuan. The shutdown has sent the currency into a downward spin, stripping it of half its value overnight. It is trading at $572 on Mt.Gox, down from a high of about $1,200 last week. ...

And so goes the price of tulip bulbs.

61 posted on 12/18/2013 7:43:50 AM PST by Bubba_Leroy (The Obamanation Continues)
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To: Bubba_Leroy

And someday sooner or later will the Dollar


62 posted on 12/18/2013 8:26:07 AM PST by Kozak ("Send them back your fierce defiance! Stamp upon the cursed alliance! To arms, to arms in Dixie!)
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