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Bitcoin peaks above $5,000 for first time
Bitcoin has crossed the $5,000 (£3,862) threshold for the first time. The virtual currency peaked at $5,103.91 in the early hours of Saturday, according to CoinDesk's price index. The record high helped push the total value of publicly traded crypto-currencies - including Ethereum and the Bitcoin-offshoot Bitcoin Cash - to more than $176bn. However, there has since been a sell-off. At time of writing, Bitcoin was 12% off its peak, at $4,485.
According to coindesk.com, one Bitcoin is worth $4085.63 at this moment (20170905_023428 UTC).
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Value of One Bitcoin Hits $5,000... Briefly
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Logicians have but ill defined
As rational the human kind.
Logic, they say, belongs to man,
But let them prove it if they can.
-- Oliver Goldsmith
(Score: 3, Informative) by aristarchus on Tuesday September 05 2017, @11:40PM
Reference to a speculative bubble way back in Dutchland of the early 1600's, but about Tulip bulbs rather then strings of encrypted numbers. https://en.wikipedia.org/wiki/Tulip_mania [wikipedia.org]