"So far, though, Bitcoin has been driven up primarily by people who are betting it will rise and rise because there is a finite supply. The initial computer program established that only 21 million Bitcoins would ever be created.In the Murky World of Bitcoin, Fraud Is Quicker Than the Law - NYTimes.com
Because there are no limits on who can buy Bitcoins, they have attracted investors of all stripes. The value of all the Bitcoins in existence is now more than $12 billion after a volatile surge increased the value by more than 1,000 percent over the last month."
Friday, December 06, 2013
In the Murky World of Bitcoin, Fraud Is Quicker Than the Law - NYTimes.com
Excerpt from another timely Bitcoin reality check