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In other news the United States Dollar has almost doubled in value in a single day: http://www.coinion.com/2013/12/07/united-states-dollar-almos...



Ha! The story is of course a jest, but there's no reason why you can't look at it that way. A cup is either half empty or half full.


There are as many reasons as there are other things in the world besides bitcoin why you can't look at it that way.

$/yuan, $/euro, $/big mac, $/potted plants, $/dinner at applebees...


No, it's just that those things also doubled in value.


Touche, sir


> A cup is either half empty or two cups.

Fixed


That's not really true per se. That's the chart of USD/BTC so the inverse of BTC/USD which has dropped significantly in the past few days so of course the inverse has shown an increase.

For a more accurate picture of the dollar I track the UUP ETF which pegs it's value to the dollars exchange rate over a basket of currencies. (Which btw has been on a steady downtrend in the past 6 months, definitely not doubling everyday)

[1]: http://www.invescopowershares.com/products/overview.aspx?tic...


You did read the url right? It's satire.


Andddd... whoops.




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