“At a $400 exchange rate and a $4.6 billion market cap, Bitcoin is booming. More skeptics, cheerleaders, and curious potential investors are talking about it than ever before. As the world wonders why it’s doing so well, the peer-to-peer currency is on pace to hit two major milestones in the near future. Bitcoin’s market cap, which is more than double what it was just three weeks ago, is on pace to hit $5 billion around the time bitcoins hit $417, based on the current bitcoin count. As time passes and more bitcoins are mined, that magic number will go down. In Germany, a party is being planned in Frankfurt for the day bitcoin hits $1,000.”
http://www.dailydot.com/business/bitcoin-boom-500-market-cap-5-billion/
(Visited 38 times, 1 visits today)
Related posts:
WikiLeaks founder Julian Assange: NSA leaker is a hero
Bitcoinlandia: Where Mythical Investment Grand Slams Are Reality
Latest Snowden leak reveals NSA’s goal to continually expand
Milk Machine Aims to Hook Kids on Chemical Sweeteners
Say Goodbye to Open Borders
Maybe This Is Why We Now Have a Serial-Bubble Economy
Alabamians Outraged As Civil Asset Forfeitures Soar
International Investors Dump $40.8 Billion in Treasuries, the Most Ever
Hacking Through the Ole Gordian Knot
Obama And Biden Spoke Out Against Military Action Without Congress In 2008
The EU's Copyright Proposal is Extremely Bad News for Everyone, Especially Wikipedia
Hunger for bitcoin grows in Scandinavia as regulatory approach evolves
Now’s a Terrible Time to Own This Popular Investment
Feds May Cut Off Water For Legal Marijuana Crops
Customs And Border Protection Clarifies: You Have No Rights While Traveling