Today, Bitcoin hit an all-time high of 267 U.S. dollars per Bitcoin. The previous high was 1 to 266 U.S. dollars. Early last month, the FBI shut down the anonymous shopping site Silk Road, causing the value of Bitcoin to plummet, falling to $1 to $110. However, in just one month, the value of Bitcoin has more than tripled, and some media reports on this virtual currency are one of the reasons for its appreciation. The volatility of Bitcoin prices is creating one fortune after another. It was previously reported that a Norwegian man bought 5,000 Bitcoins for 150 kroner (about $26.6) in 2005, and now the value of these Bitcoins has reached 5 million kroner (about $885,500). |
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