Why Bitcoin Is Back From The Dead And Surging To All-Time Highs

“The biggest Bitcoin exchange is now in China, displacing Japanese, American and European sources of demand. That enterprise is called BTC China, and its CEO Bobby Lee hails from Yahoo! and Walmart China. Oh, and he graduated from Stanford with a degree in Computer Science. In short, an apparently pretty clever fellow. Our sources in the Bitcoin community also agree that Second Market, the New York-based business best known for trading pre-IPO company stock, has become a major player in demand for Bitcoin. Earlier this year they started the Bitcoin Investment Trust, an open-ended product to buy and hold Bitcoins.”

http://www.businessinsider.com/nick-colas-on-bitcoins-second-surge-2013-11

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