14 Nov '13, 6am

Value of a bitcoin doubles, breaks $400 over last two weeks (Caleb Garling/The Technology Chronicles)

MG Siegler / @parislemon : I know nothing of Snapchat's roadmap, but it strikes me as foolish to make fun of them simply for turning down a lot of money. @danprimack : WSJ reports snapchat turned down $3b offer from Facebook. It's amazing. And correct. Josh Elman / @joshelman : The battle is not over the social graphs. It is over the social pipes where you want to share and route things that matter to you. Shervin Pishevar / @shervin : Snapchat has the courage to do what Instagram should have done. Good for them. @danprimack : BTW: This confirms that Snapchat raising $$ so it doesn't need to deal w/ Zuck, not to force his hand higher. Evelyn Rusli / @evelynrusli : Yes. Apparently avg. number of sessions per day is v high @danprimack it's that depth of engagement issue that's key. Farhad Manjoo / @fmanjoo : Spurning $3 billion is a really dumb move by Snapchat. This is like...

Full article: http://www.techmeme.com/131114/p3#a131114p3

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