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All the news and information you need to see, curated by the @ABC News team. Instagram: https://www.instagram.com/abcnews 

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    ABC News‏Verified account @ABC 1 Dec 2017

    Bitcoin hit an all-time high of $11,395 on Nov. 29 before losing over one-fifth of its value, dropping as low as $9,000 at one point on Nov. 30. http://abcn.ws/2BAZzUM pic.twitter.com/goWjfpTI3J

    7:25 AM - 1 Dec 2017
    • 50 Retweets
    • 97 Likes
    • issoufoum545@gmail.com Shoaib Mahmudullah Real_Infinity95 また邏琉 Iiris Ilona Heiskane dAvE nG leslie bateman Michael McCoy, Clive City Councilman K🕶
    20 replies 50 retweets 97 likes
      1. New conversation
      2. Columbus Neon  🌐‏ @ColumbusNeon 1 Dec 2017
        Replying to @ABC

        I just can't wrap my head around how this works. Where and how can it be spent? And 1 bit coin is "as low as" $9,000? Can I get paid in bitcoins? So, what, 4-5 bitcoins a year?

        4 replies 0 retweets 2 likes
      3. Pudge Montana‏ @MontanaPudge 1 Dec 2017
        Replying to @ColumbusNeon @ABC

        I think you can get paid in bitcoin by UBER. There are some places online where you can spend it, Steam for example. Bitcoin is divisible by 8 decimal points. For instance, 0.01000000 bitcoin is about $100.

        1 reply 0 retweets 1 like
      4. Columbus Neon  🌐‏ @ColumbusNeon 1 Dec 2017
        Replying to @MontanaPudge @ABC

        Seems cumbersome to deal with these tiny decimals, but makes more sense to me now. I'll stick with dollars.

        1 reply 0 retweets 0 likes
      5. Pudge Montana‏ @MontanaPudge 1 Dec 2017
        Replying to @ColumbusNeon @ABC

        A 0.00000001 fraction of a bitcoin is called a Satoshi or sat. Think like what a cent is to a dollar. 1000 "sats" is about 10 cents. I would entertain holding some. For instance, in March, 1 bitcoin was only $1000.

        0 replies 0 retweets 1 like
      6. End of conversation
      1. Max Renn‏ @spergtrigger2 1 Dec 2017
        Replying to @ABC

        But it’s $10,500 right now. Why post old news?

        0 replies 0 retweets 4 likes
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      1. YourHedge‏ @realyourhedge 1 Dec 2017
        Replying to @ABC @BitcoinEdu

        No different on a % basis of a stock going from $11.35 to $9

        0 replies 0 retweets 1 like
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      1. Bill Rogstad‏ @DillBan 1 Dec 2017
        Replying to @ABC

        I wonder if this is how it felt during the last two years before 1929?

        0 replies 0 retweets 1 like
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      1. New conversation
      2. James Erickson‏ @slimjim1177 1 Dec 2017
        Replying to @ABC

        F bitcoin f paper money its tp n let's go back to good old gold coins so when the world goes to sh$% I got something that's useful instead of stuff to wipe my ass with or a piece of paper I can throw darts at

        1 reply 0 retweets 0 likes
      3. fuck dairy‏ @JayRmints 1 Dec 2017
        Replying to @slimjim1177 @ABC

        what use does gold have lmfao. it's literally a rock

        1 reply 0 retweets 1 like
      4. James Erickson‏ @slimjim1177 1 Dec 2017
        Replying to @JayRmints @ABC

        Lol yes however it looks pretty

        1 reply 0 retweets 0 likes
      5. fuck dairy‏ @JayRmints 1 Dec 2017
        Replying to @slimjim1177 @ABC

        and to other people, bitcoins "look pretty" see how that works? people give things value

        1 reply 0 retweets 1 like
      6. fuck dairy‏ @JayRmints 1 Dec 2017
        Replying to @JayRmints @slimjim1177 @ABC

        except bitcoin actually has a real world use case

        2 replies 0 retweets 0 likes
      7. James Erickson‏ @slimjim1177 1 Dec 2017
        Replying to @JayRmints @ABC

        N gold n precious metals don't

        1 reply 0 retweets 0 likes
      8. fuck dairy‏ @JayRmints 1 Dec 2017
        Replying to @slimjim1177 @ABC

        correct

        0 replies 0 retweets 0 likes
      9. End of conversation
      1. New conversation
      2. Bill Curless‏ @BillCurless1 1 Dec 2017
        Replying to @ABC

        Not having something tangable to put in my pocket, B.S.!! We are all screwed when the banks hold all our credits, money or "Bitcoins" in a cyber transaction world. It's the final straw to complete government control over all hard working dreamers of the world.

        2 replies 0 retweets 0 likes
      3.  💕HUMDUALLAH 💕‏ @LilHolographic 1 Dec 2017
        Replying to @BillCurless1 @ABC

        It is tangible you can get cash at any bit coin machine there is one right by my house

        0 replies 0 retweets 1 like
      4. End of conversation
      1. また邏琉‏ @musicgirlhuang1 2 Dec 2017
        Replying to @ABC

        Bitcoin is very good ralue, if it's price down I will buy it

        0 replies 0 retweets 0 likes
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      1. Not your God‏ @ThusSpeaksYhwh 1 Dec 2017
        Replying to @ABC

        @Cointelegraph I bet you it never sees $11k again. Bitcoin hit an all-time high of $11,395 on Nov. 29 before losing over one-fifth of its value, dropping as low as $9,000 at one point on Nov. 30.

        0 replies 0 retweets 0 likes
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      1. Bill Curless‏ @BillCurless1 1 Dec 2017
        Replying to @ABC @TheDunnDunn

        So you are saying gold is worthless? Not in my lifetime and hopefully not in yours.

        0 replies 0 retweets 0 likes
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