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Bitcoin Rises Over $500 – Is it a valid asset?

Bitcoin has breached the $500 mark as the US Congress convenes its first hearing on “Virtual Currencies.”  From Zero Hedge: Finally, for those curious what a “fair value” on Bitcoin may be, here is what we presented [13]a week ago, courtesy of Global Macro Investor’s Raoul Pal: So yes: Bitcoin is volatile. Very. That much […]

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