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Topic: [2014-08-22] Tech race fuels Bitcoin mining bubble (Read 690 times)

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http://www.ft.com/cms/s/0/140813c0-2938-11e4-9d5d-00144feabdc0.html

If Bitcoin is a bubble, it is a bubble that began deflating on November 29 2013. At its proudest moment the price of one unit of the much-ballyhooed virtual currency was $1,242, which meant the value of all the Bitcoins in the world was just under $14bn.
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