Over the last month Bitcoin's nearly doubled in value. It's now nearly at hit historical high. http://bitcoincharts.com/charts/mtgoxUSD#tgMzm1g10zm2g25zv
Does anybody know what drives the latest Bitcoin price development?
The bitcoin market value is predicated mostly upon drug use, pedophilia, nerd paranoia, and rampant amateur speculation. Basically, break out the tea leaves.
If it's worth saying, but not worth its own post, even in Discussion, it goes here.