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cryptocurrency explained

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    Over the last number of weeks, everybody may be weighing in about Bitcoin, the digital currency that might be the money of the future, or a bubble bursting right in front of us. After being worth only $30 in March, on Wednesday, Bitcoin reached an in history high of $266, then plummeting to over $100 in a few hours, and now stabilizing around $120. When Bitcoin’s price started to increase unexpectedly, it took over as one thing everybody in Silicon Valley was talking with regards to. (For those who don’t know what Bitcoin is, this video explains it perfectly in 3 minutes).

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    Examiner.com trapped with Jered Kenna, CEO of Tradehill, the second largest crypto currency for bitcoins after Mt. Gox, before it had to shut down last year due to a payment dispute with startup Dwolla. Tradehill relaunched successfully in March with a replacement B2B service, Prime, seed investment, and a new nfl team.

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    JK: As it evolves and it might be more real, you will notice more competition, having said that i got a regarding support when we had problems last year, I made an excellent of great friends like Charlie Shrem from BitInstant. Currently it’s true that some people hate each other, but we all in order to be see it win. When something bad happens it makes the whole place look bad, in order that it reflects on all us.


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