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Bitcoin “jumping”

Saturday, April 13, 2013 10:17
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(Before It's News)

Last days the rate of the popular electronic currency Bitcoin has been “jumping”. First, it has achieved the unseen highness, then fell down into 3 times. During last two weeks the market rate of this virtual currency has increased by almost 500% – it was partly caused by the growing problems in the world economics. Few days ago it was about $240 (!) per 1 Bitcoin, but today it has been down to $85. However, comparing to January, when 1 Bitcoin cost lower than $15, it’s still a large value. Those, who bought some Bitcoin at that time, may earn greatly then.

In this situation exchangers have to be careful with setting the buying and selling rates of Bitcoin – they may differ much from the current market rates, so, the companies want to be sure that they will not be affected much by the possible sudden changes in the Bitcoin rate. These changes will hardly surprise anybody now. But it’s difficult to predict what direction will they have.
See also:

  • World’s first Bitcoin ATM will appear in Cyprus
  • Bitcoin’s new record
  • Buy a house for Bitcoin
  • How to earn bitcoins by “mining”
  • Bitcoin software bug has been rapidly resolved


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