When Bitcoin Hit $100: CNBC's 2013 Coverage [ZN3y0hcP8_0]

When Bitcoin Hit $100: CNBC's 2013 Coverage [ZN3y0hcP8_0]

| 1h 28m 28s | Video has closed captioning.

Less than two years after it had been trading under $1, Bitcoin surged to more than $100 in the spring of 2013. CNBC's panel discussed the risks and benefits of the cryptocurrency, its comparisons to gold, and whether or not the run up was a bubble. Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. On Oct. 31, 2008, bitcoin was born — and in the past 10 years it has evolved from an anti-establishment hobby among coders to a household name on Wall Street. The first and most famous digital currency sparked mania among retail investors last year, and, despite being founded to bypass them, it has caught the attention of some of the world's most powerful institutions. » Subscribe to CNBC: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Google+: Follow CNBC News on Instagram: #CNBC #Bitcoin #Crypto When Bitcoin Hit $100: CNBC's 2013 Coverage #book on crypto #bitcoins physical coins #bitcoin casino no deposit bonus #bitcoin pizza bezahlt