Record prices seen for bitcoin in 2016 as fresh supply is halved
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London
THE year 2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-Web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason - slower growth in the money supply.
Bitcoin is a Web-based "cryptocurrency" used to move money around quickly and anonymously with no need for a central authority. But despite being championed by some as the digital money of the future, it is often dismissed as a currency that is too volatile to invest in.
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