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Bye-bye, bitcoin? The crypto-currency's price agonies intensify
Bye-bye, bitcoin? The crypto-currency's price agonies intensify

Remember bitcoins? The digital currency swam into the average person's attention last December, when the price of a single bitcoin reached about $1,150. The Winklevoss twins, who gained fame from their connection with the founding of Facebook, announced plans for a bitcoin investment fund. The airwaves and news columns loaded up with declarations about how bitcoins were the biggest threat to the banking system since bankers were invented. The bitcoin creed was about defeating evil central bankers with freedom and libertarianism. Since then thousands of businesses announced they would accept bitcoins for goods and services. That level of interest should have kept the price of...

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