“The subsequent media attention foisted on bitcoin piqued our curiosity. To explore the trend (or possible seismic shift) towards online-only currency, Equities.com decided to engage in an experiment where we’d delve head-first into the bitcoin market and buy one for ourselves.  As bitcoin lacks a backing central government as well as a sanctioned currency exchange, we had to pick one of the several independent online traders. After weighing options, we went through San Francisco start up Coinbase, and bought one bitcoin for $126.44 US.”

http://www.equities.com/editors-desk/currencies-forex/buying-a-bitcoin-slowly-trading-through-an-unregulated-market

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