Winklevoss Twins Say Unregulated Market Hurting Bitcoin
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Tyler and Cameron Winklevoss, who claimed Mark Zuckerberg stole their idea for a social-networking website to start Facebook Inc., said the lack of a regulated market for bitcoin in North America is causing volatility in the virtual currency.
“People fixate on price,” Cameron Winklevoss said today at the Inside ETFs conference in Hollywood, Florida. He noted that price is important, but the volatility is a function of dealing with a new technology in different parts of the world.