03 Aug '12, 9am

Bitcoin Breaks the Ten Dollar Barrier #bitcoin

Bitcoin Breaks the Ten Dollar Barrier #bitcoin

As of 18:36:30 GMT on August 2nd, Bitcoin broke the $10 price barrier on MtGox for the first time in 2012. Bitcoin closed at $9.35 at the end of the day on July 31st, and, as of 1:54 GMT August 3rd, is currently trading at $10.65, indicating a rise of almost 14% in just two days. The trading price hit a new 2012 high of $11.00 around 22:00 GMT. Some are suspicious of the recent run-up in price over the last two months, and do not believe it will last . The price at the start of 2012 was only $4.72, and, with the current trade price of $10.65, shows a whopping gain of 126% over eight months. Most of that gain was only seen over the most recent two months – June and July – of 2012, amid concerns that this is yet another bubble-based rally, with the potential for a mirroring of the boom and bust of the summer of 2011. Others are more optimistic, giving reasonable explanations...

Full article: http://bitcoinmagazine.net/bitcoin-breaks-ten-dollar-barr...

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Bitcoin Breaks $11 #bitcoin

reddit.com 03 Aug '12, 6pm

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1 Bitcoin = 10 USD

1 Bitcoin = 10 USD

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1 Bitcoin Worth 10 USD

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interesting perspective on btc

interesting perspective on btc

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