The last month has seen the USD price of Bitcoins double from $130 to $270 as a combination of wider acceptance (in China and even ebay/Paypal ‘watching’) and concerns over ongoing global money printing (delayed taper) have sent the cryptocurrency to new record highs. With most ‘markets’ now manipulated or repressed by government mandate, one wonders whether Bitcoin represents the last bastion of free market expression for concern at the fiat status quo? Or is it already ‘broken‘?
Charts: Bitcoincharts.com
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/MNFRAr7e7ZI/story01.htm Tyler Durden