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Bitcoin Is A Few Bucks Away From Gold

Business Insider - 29 Nov 2013 16:48
Bitcoin Is A Few Bucks Away From Gold The price of Bitcoin is now within a stone's throw of the price of gold. The digital currency already set a record earlier today on the Mt. Gox exchange, touching $1,242 (it's since come back down to $1,162). Meanwhile, gold is at $1,250 an ounce. At this point, the unending surge in Bitcoin prices appears to be riding a wave of speculative momentum. The price of a March Bitcoin future on Swedish-based ICBIT.se (though on admittedly thin volume) is more than $1,700.  Here's a helpful chart, fro...
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