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Bitcoin hits $900/BTC - all time high price

11/18/2013

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Sometimes, investing in BTC feels like riding a roller coaster....Today is one of those days.

Nov 18 began with BTC riding a wave of enthusiasm at hitting an all time high of around $500/BTC to open the day....Then all hell broke loose and BTC price hit the stratosphere. 

According to the intra-day trading charts attached below, BTC hit an all time high of $900/BTC on MT Gox. 

This pricing level was followed closely on the BTC-E and Virtex Canada exhanges. 

By the end of the day, investors hit the panic button and caused a massive sell off, lowering the price to around $400.00. However, by the time of publishing this posting, the price of BTC has recovered to a relatively steady state value of $650-700/BTC.

Absolutely phenomenal performance from the remarkable distributed digital currency....This is why I love reporting on this new digital currency frontier. Buckle your seat-belt and enjoy the ride.

BTC-e - nov 18 pricing

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Virtex Canada - nov 18 pricing

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Mt Gox - Nov 18 Pricing

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