Bitcoin’s meteoric rise has pushed it over the $200 mark. Five days ago, the open source peer-to-peer digital currency was trading at $150, a level that alternately wowed and worried speculators. Two months ago, it was worth about $20. Bitcoin’s sudden ascent has fueled talk of a bubble — and not just any bubble, but one in a financial asset class that is not regulated by the government and has no backing. “I think a dramatic fall or bubble burst is almost certainly going to happen,” said Peter Cohan of Peter S. Cohan & Associates.
If you still want to play in the UK, buying Bitcoins here, directly without intermediators on ebay or other pages (with huges fees) is very difficult.
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Bitcoin Streaks Toward the Sun
Posted by: Erika Morphy April 10, 2013 11:05 AMBitcoin’s meteoric rise has pushed it over the $200 mark. Five days ago, the open source peer-to-peer digital currency was trading at $150, a level that alternately wowed and worried speculators. Two months ago, it was worth about $20. Bitcoin’s sudden ascent has fueled talk of a bubble — and not just any bubble, but one in a financial asset class that is not regulated by the government and has no backing. “I think a dramatic fall or bubble burst is almost certainly going to happen,” said Peter Cohan of Peter S. Cohan & Associates.