The Bitcoin digital currency hit an all-time high Wednesday, as its US dollar exchange rate climbed past $32 for the first time ever. According to Bitcoin Magazine , that eclipses the currency's previous high of $31.9099, reached in June 2011.
This week's milestone, while notable, doesn't come as a major surprise. After bottoming out at under $2 in 2011, Bitcon's value has steadily risen over the past several months, as the anonymous currency has entered new markets. Last year, a French bank received clearance to operate as a Bitcoin exchange, shortly after total circulation of the currency hit 10.5 million. Sites like Reddit, Wordpress.com, and Kim Doctcom's forthcoming Mega service have all adopted Bitcoin payments, as well.
via The Verge - All Posts http://www.theverge.com/2013/2/28/4039042/bitcoin-value-reaches-new-high-against-us-dollar
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