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Bitcoin is becoming more and more legit to the big wheels with the big money. It went on the CBOE (Chicago board of exchange) for futures trading and has more contracts than expected. It is not being used for the intended purpose however but rather as an investment. That's what's throwing everyone off. The intended purpose was where money could be moved from one person to another or to a business for goods quicker and easier cutting out the bank middle man. Now people are buying and selling it like baseball cards. It's only worth what another person is willing to pay for it. When Bitcoin hit the CBOE it appears that normal people that have been investing in it are waiting to see what happens with it and are now investing in the ALTCOINS like LITECOIN, ETHEREUM AND RIPPLE XRP, driving the prices up on them. So that's where my play money is going right now and I'm going ride this bubble until it burst. If you would have put 5K on XRP yesterday evening, this morning when you got up this morning you would have made 2 grand!
