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Over the last couple of weeks, everybody recently been weighing in about Bitcoin, the digital currency that might be the money of the future, or a bubble bursting at the front of us. After being worth only $30 in March, on Wednesday, Bitcoin reached an all time high of $266, then plummeting to over $100 in lots of hours, and now stabilizing around $120. When Bitcoin's price started to increase unexpectedly, it took over as the one thing everybody in Silicon Valley was talking just about. (For those who don't know what Bitcoin is, this video explains it perfectly in 3 minutes).
The extreme volatility on Wednesday cooled a associated with people off, prompting some to call Bitcoin a bubble ready to burst, and caution everyone about taking it too seriously. However, the New york Times reported that great deal investors pertaining to example the Winklevoss twins used Bitcoin.
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NP: Why don't you consider the bubble talk? crypto currency Whats your opinion of the argument how the government in the end take Bitcoin down, the can you with your bitcoins at this moment?
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