Submission + - Bitcoin price soars over $266 and hits a new all-time high (coindesk.com)
An anonymous reader writes: Today, the price of bitcoin (in USD) surged over it's previous high which was recorded back in April of this year. After a mini-crash when Silk Road go shut down the price has bounced back and surged with additional support from China and investors backing the digital currency.
The current volatility could play a part in if the currency can be taken seriously as a means of exchange, with many wishing to hold onto coins as an investment.
The current volatility could play a part in if the currency can be taken seriously as a means of exchange, with many wishing to hold onto coins as an investment.