Comment: It's worrying to look at.

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It's worrying to look at.

Especially since we don't see the "value" of FRNs plummeting at the same rate as the climbing price of Bitcoin (even though the "value" of FRNs are forever being printed into oblivion). It's a rise of over 1000% in the last quarter. Not even the price of gold or silver has risen that quickly, not since Silver Thursday.

Of course, it could be lauded as being the ingenious design of the BitCoin itself. If so, sellers of BitCoin could well be laughing their way to the exchange. But as long as long as none of us are providing a good enough explanation for the boom in price, this should be a cause for concern. Is it really just a natural exponential growth, or is it a bubble?

I believe in the freedom to be what we choose to be.