07 Apr '13, 6pm

Experts Remain Skittish On Bitcoin As Prices Continues To Rise

Experts Remain Skittish On Bitcoin As Prices Continues To Rise

Youtube See Also BITCOIN 101: A Beginner's Guide To The Unfakeable Digital Anarchist Currency Everyone's Obsessed With BITPAY FOUNDER: Bitcoin Has Proven It Can Take A Hit The Rise Of Bitcoin [INFOGRAPHIC] [Editor's note: Bitcoin prices are currently at $158] Some call it the most famous pizza purchase in history: In May 2010, a programmer called Laszlo asked an online forum if anyone would buy him a couple of pies in exchange for 10,000 Bitcoins, an experimental online currency launched in 2009. "No weird fish topping or anything like that," he wrote. With each Bitcoin fetching less than a cent at the time, the order was worth about $41. Today, it would be valued at about $1.4 million (1.08 million euros). As of Friday, a single Bitcoin traded at around $135, with the currency nearing $147 earlier in the week -- up from about $20 at the start of February. It's a stratosph...

Full article: http://www.businessinsider.com/experts-remain-skittish-on...

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