If I’m reading this chart right, Bitcoins went from a high of over 30 late last week to a low of around 10, before rebounding somewhat to their current price in the higher teens (see updated prices here). A month ago a Bitcoin was trading well under 5 — maybe around 3.
I call Tulip Bulbs.
For more on this see DailyTech – Digital Black Friday: First Bitcoin “Depression” Hits.
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