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Markets In Turmoil - Stocks Sliding As Bitcoin Tops $400
• zerohedge.com S&P futures are down 9 points from last night's close - which in the new normal is considerable (sadly) - with no macro data headlines this morning to spark a move, we will be watching JPY (which for now is rallying awkwardly) for signs of ignition. Meanwhile, as the USD flatlines (despite dispersion in FX), Bitcoin just toppped $400 for the first time ever - doubling in the last two weeks. Precious metals are up modestly; treasury yields are limping lower; and European equities (and sovereign bonds) are having another tough day.
S&P Futures an odd shade of green (called red we hear) this morning...
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1 Comments in Response to Markets In Turmoil - Stocks Sliding As Bitcoin Tops $400
Reached a high just shy of $450. At BitQuick.co - a place where you can sell your Bitcoins by someone depositing to your bank account, and you sending them their coin after they do ( https://www.bitquick.co/buy ) - the current ask price is $562 as of this comment. In Bitcoin Talk - https://bitcointalk.org/ - there are places where people express that they think Bitcoin will go to $1,000,000.
Did you miss the Bitcoin workshop? - http://www.freedomsphoenix.com/News/144776-2013-11-07-bitcoin-workshop-hancocks-w-davi-barker-bring-your-smatphones-tablets.htm