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How to Buy Islands, Gold Mines and Villas With Bitcoin

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An island in Micronesia. A gold mine in Canada’s Yukon Territory. Tickets to the 2014 Victoria’s Secret fashion show in London. Those are just a few of the assets on offer at BitPremier, a website targeting bitcoin holders looking to unload some of their digital hoard.

The number of listings on BitPremier took off when the price of a single bitcoin -- the controversial currency that exists only in cyberspace -- skyrocketed to $1,137 at the end of November 2013 from $12 at the start of the year.