Comment: Old thread, old news, death greatly exaggerated

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Old thread, old news, death greatly exaggerated

"The last week has seen dramatic upwards price action in the bitcoin markets, driven by a series of macro and micro events across the globe. The fallout from Silk Road’s closure turned out to be but a blip in bitcoin’s price history, with significant gains since then. Turmoil in global financial markets and recent news of leading global websites accepting bitcoin may have bolstered enthusiasm for digital currency, but most interesting may be CNY’s definitive recent price leadership."

http://www.zerohedge.com/news/2013-10-19/bitcoin-climbs-high...

"The price of Bitcoin is climbing as fast as Sandra Bullock’s post-Gravity reputation. It’s up to $200 – $219 USD on major Bitcoin exchanges, hitting highs it hasn’t seen since the spring. What’s driving the price up? I spoke with a few experts and analysts in the field for their takes…"

http://www.forbes.com/sites/kashmirhill/2013/10/23/five-poss...

"After the feds seized and shuttered Silk Road, an online marketplace for illegal drugs, earlier this month, some technology experts started sounding the death knell for Bitcoin, Silk Road's international currency of choice. Instead, we may soon see Bitcoin's real value."

http://news.nationalgeographic.com/news/2013/10/131014-bitco...