Bitcoin Nears Parity With Gold

By Tyler Durden of Zero Hedge

Wednesday, January 4, 2017 12:51 PM EDT

Bitcoin just topped $1100 for the first time since Dec 2013, bringing it closest to gold ever...

The last time bitcoin approached parity with gold, it marked the top in the virtual currency...

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But the current price of gold in bitcoin is now at a record low...

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Brings a whole new meaning to the phrase "as good as gold."

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