The Magic Number: Bitcoin Prices Top $1000

By Cade Metz The value of a bitcoin has topped $1000, a mere 11 months after the fledgling digital currency was worth little more than a $10 bill. As of 7:25am Pacific time this morning, bitcoins were trading at $1,041 on Mt. Gox, the world’s most prominent bitcoin exchange, a place where you can swap federal monies, such as …

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Source: Wired