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Topic: [2014-08-20] How bitcoin and cryptocurrencies work (Read 674 times)

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http://www.smh.com.au/it-pro/business-it/how-bitcoin-and-cryptocurrencies-work-20140820-1067lf.html

Values fluctuate based on supply and demand (and market sentiment). At the time of writing, one bitcoin is worth $US490. But the price topped $US1000 in early December. On the other hand, one litecoin is worth just $US4.30.
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