Bitcoin Hits $101 – Doubles Since Cyprus!

Related info:

US Begins Regulating BitCoin, Will Apply ‘Money Laundering’ Rules To Virtual Transactions

‘What In The World Is A Bitcoin?’


Bitcoin Hits $101 – Doubles Since Cyprus (ZeroHedge, April 1, 2013):

From a January 2nd price of $13.16, the price of a Bitcoin in USD had risen to $46 on March 16th – right before the Cyprus ‘solution’ was announced. Since then, in two short weeks, the price of a Bitcoin has more than doubled, reaching $101 today. This ‘exuberance’ in non-fiat currency, should perhaps warrant caution as we noted here, the US is now not only actively monitoring but has commenced regulating the Bitcoin market and those who participate should be well aware that when uncle Sam is involved, things tend to have an unhappy ending for pretty much everyone involved.

Source: BitCoinCharts.com

3 thoughts on “Bitcoin Hits $101 – Doubles Since Cyprus!”

Leave a Reply to Len Kurtz Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.