Bitcoin reaches an all-time trading high of over $33

After rising steadily over the last several months, Bitcoin has reached an all-time high according to data on Bitcoin Charts . As of this writing, Mt. Gox , the most popular Bitcoin trading site (which announced on Wednesday that its operations would move to Silicon Valley), recorded a high price of $33.22 per Bitcoin. There’s no single explanation as to why Bitcoin has continued to rise, accelerating particularly over the last month. That said, it’s been clear that interest in the digital currency has been rapidly rising, as any regular reader of Ars knows. It’s likely that online gambling has played a part. As we’ve reported earlier this year, one Bitcoin-based site took in $500,000 in profit in just six months in 2012—and Bitcoin gambling is set to get even bigger . For now, gambling with the cryptocurrency, like using Bitcoins in general, remains in a legal grey area (...

Full article: http://arstechnica.com/business/2013/02/bitcoin-reaches-a...

Tweets

@guille_arregui » 04 Mar '13, 4pm
Bitcoin reaches an all-time trading high of over $33 [link] for buy bitcoins [link]
@zohaibhassan » 28 Feb '13, 11pm
While you were sleeping Bitcoin was growing. I can clearly see the next breed of currency rising. [link]
@digitaliafm » 28 Feb '13, 9pm
Bitcoin reaches an all-time trading high of over $33 | Ars Technica [link] via @kippt
@Scott_Bulin » 28 Feb '13, 8pm
@adamcurry Bitcoin reaches an all-time high of over $33 #NoAgenda #ITM #33MagicNumber [link]
@Ardosi » 28 Feb '13, 7pm
News: Bitcoin reaches an all-time trading high of over $33 [link] #shared
@Marc_Mattox » 28 Feb '13, 6pm
Bitcoin reaches an all-time trading high of over $33. @Lord_Nolan #Bitcoin -Casino would be a phenomenal undertaking. [link]
@Timant_Julian » 28 Feb '13, 5pm
Bitcoin trades for $33, all time high. [link] #soundasadollar #inflation
@PatrickatMF » 28 Feb '13, 4pm
Bitcoin virtual currency hits all time high [link]
@smc_la » 28 Feb '13, 4pm
Got Bitcoin? 'Bitcoin reaches all-time trading high of $33.22 yesterday' [link]
@jerryhoerig » 28 Feb '13, 4pm
@arstechnica: Bitcoin reaches an all-time trading high of over $33 [link] /cc @themikejr @mcolley73
@kresin » 28 Feb '13, 3pm
#innovation decoupling of value from society RT @fnauta: #fascinating Bitcoin reaches all-time trading high [link] #SRIE13
@fnauta » 28 Feb '13, 3pm
#fascinating Bitcoin reaches an all-time trading high of over $33 [link] #in
@GuiSim » 28 Feb '13, 1pm
Bitcoin reaches all time trading high of 33USD [link]
@stockspot2000 » 28 Feb '13, 1pm
Bitcoin reaches an all-time trading high of over $33 [link] $uup
@MarkusN » 28 Feb '13, 1pm
Bitcoin steadily rising to an all-time high. Did not see that coming. Oh well :) [link] cc @hodapp
@sadasant » 28 Feb '13, 12pm
Bitcoin reaches an all-time trading high of over $33 [link] (An example of deflation benefits in development markets).
@donogh » 28 Feb '13, 11am
Digital cryptocurrency #Bitcoin continues its upward march, closing at $32.50 yesterday #BTC: [link]
@bradex » 28 Feb '13, 11am
ビットコインバブルがやってくる。/ Bitcoin reaches an all-time trading high of over $33 [link]
@tbsmartens » 28 Feb '13, 11am
Bitcoin reaches an all-time trading high of over $33 | Ars Technica [link] #bookmark
@ChristopherMav1 » 28 Feb '13, 11am
Bitcoin reaches an all-time trading high of over $33 - the new $GLD (prob has tax avoiding benefits also for some) [link]
@arthurfarache » 28 Feb '13, 11am
Exciting... RT @newsycombinator Bitcoin reaches an all-time trading high of over $33 [link]
@cocoy » 28 Feb '13, 10am
“@alphatrends: @howardlindzon Ultimate government fail proxy Bitcoin reaches an all-time trading high of over $33 [link] $&”
@alphatrends » 28 Feb '13, 10am
RT @howardlindzon The ultimate government fail proxy Bitcoin reaches an all-time trading high of over $33 [link] $&
@RyanBreslow » 28 Feb '13, 10am
Bitcoin reaches all time high! This is awesome - congrats to all the believers and investors. [link]
@breuhan » 28 Feb '13, 10am
Wow, da haben sich ja meine #bitcoin Millionen doch noch knapp verdreifacht. [link]
@jalfez » 28 Feb '13, 10am
Bitcoin reaches an all-time trading high of over $33 [link] #tecnologia
@feralava » 28 Feb '13, 10am
El futuro de Bitcoin quedó asegurado cuando se pudo usar para comprar contrabando en Silk Road o apostar en casinos. [link]
$@fractality$ @fractality » 28 Feb '13, 9am
Bitcoin reaches an all-time trading high of over $33 [link] - must resist selling my last BTC, it's tempting...
@kapso » 28 Feb '13, 9am
Kind of crazy this “@newsycombinator: Bitcoin reaches an all-time trading high of over $33 [link]”
@PogMoThoin22 » 28 Feb '13, 9am
Must build that Bitcoin mining PC I was planning, Bitcoin reaches an all-time trading high of over $33 [link]
@Megalev » 28 Feb '13, 8am
[link] Bitcoin reaches an all-time trading high of over $33 @klh7600
@adrianw11 » 28 Feb '13, 8am
Bitcoin reaches an all-time trading high! Anyone here trading or paying with bitcoin? [link]
@hdzimmermann » 28 Feb '13, 8am
#Bitcoin auf Rekordhoch | Ars Technica [link] /via @nzzdigital
@joanojr » 28 Feb '13, 8am
Increasing usage of #Bitcoin drives trading value to all-time high. Without a FED can BC be adopted commercially? [link]
@Tiefseher » 28 Feb '13, 8am
MT @TeraEuro @newsycombinator: Bitcoin reaches all-time high of over $33. Bitcoins erreicht Rekordhoch wg. Glückspiel [link]
@britmic » 28 Feb '13, 7am
Bitcoin reaches an all-time trading high of over $33 [link] via @zite
@zacwitte » 28 Feb '13, 6am
Maybe I should invest in bitcoins [link]
@CivilInnov » 28 Feb '13, 6am
Alternative, digital currency Bitcoin reaches an all-time trading high of over $33 [link]
@d4rk0s » 28 Feb '13, 6am
Bitcoin reaches an all-time trading high of over 33$ @schoolofprivacy [link]
@TeraEuro » 28 Feb '13, 5am
RT @newsycombinator: Bitcoin reaches an all-time trading high of over $33 [link] cc @Tiefseher
@aberrandt » 28 Feb '13, 4am
Bitcoin reaches an all-time trading high of over $33 [link] // I hope this doesn't kill them as it becomes mainstream.
@rastyyle » 28 Feb '13, 4am
Time to sell? RT @newsycombinator: Bitcoin reaches an all-time trading high of over $33 [link]
@biggunsrus » 28 Feb '13, 4am
@glowell24 [link]
@TheToddNewberg » 28 Feb '13, 4am
Nerds to feel lots of pain one day RT @StockTwits: Bitcoin reaches an all-time trading high of over $33 [link]
@PeterGhostine » 28 Feb '13, 4am
Hmm... [link]
@maxw3st » 28 Feb '13, 4am
RT @StockTwits Bitcoin reaches an all-time trading high of over $33 [link] via Ars Technica $BCOIN cc@SlackerDaddy
@StockTwits » 28 Feb '13, 4am
Bitcoin reaches an all-time trading high of over $33 [link] via Ars Technica $BCOIN
@howardlindzon » 28 Feb '13, 4am
The ultimate government fail proxy “@newsycombinator: Bitcoin reaches an all-time trading high of over $33 [link] $&
@DavidFernandoC » 28 Feb '13, 4am
Hoy por hoy, cada Bitcoin llegó a valer $33.22. [link] [link]
@CajunTechie » 28 Feb '13, 4am
[Hell to the yeah!] Bitcoin reaches an all-time trading high of over $33 [link]