Nowhere is the fears sparked by EU’s ‘deposit grab’ in Cyprus more visible than in the price of Bitcoins. Take a look at this graph.
The Cyprus ‘deposit grab’ sparks a rally in Bitcoins
Posted by Lars Christensen on March 21, 2013
https://marketmonetarist.com/2013/03/21/the-cyprus-deposit-grab-sparks-a-rally-in-bitcoins/
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Jon
/ March 25, 2013You mean a rally in the USD… More bit coins per dollar suggests bitcoins with less value, dollars with more, or a combination.
Lars Christensen
/ March 25, 2013No Jon. It is the price of Bitcoind increasing.
Jon
/ March 27, 2013Perhaps you shouldn’t label your chart bitcoin per usd. Thanks.