Bitcoin Has Made A Really Impressive Recovery

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There's an interesting divergence right now.

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The news media is filled with BITCOIN IS DOOMED articles in the wake of the collapse of the exchange Mt. Gox.

Meanwhile, the Bitcoin community is mostly saying: "Yeah, this is bad, but not devastating, and we'll be fine."

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And the market so far is much more on the side of the Bitcoin community.

Here's a chart going back a couple of days. The entire Mt. Gox crash is basically totally erased.

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