The BTC price was/is ~297 USD in some South African exchange. It seems that a local Ponzi shcheme (Kipi) is demanding an urgent payment in bitcoin from all members, otherwise they will lose all their investment:
http://np.reddit.com/r/Bitcoin/comments/34lvmc/btc_is_trading_at_equivalent_of_297878_usd_on_the/cqw0025
Exeunt omnes in 3... 2... 1...
http://np.reddit.com/r/Bitcoin/comments/34lvmc/btc_is_trading_at_equivalent_of_297878_usd_on_the/cqw0025
Exeunt omnes in 3... 2... 1...
Jorge, why do I have the impression your assumptions are nothing but personal opinions and totally not fact-based? Did you ever bother to read the comments right after the link you posted? And since when a ponzi (is this even certified?) scheme is bad to take BTCs for its "service"?
Besides, from my point of view, the rise in the price could as well be because some people needed to convert to BTC for a gazillion other reasons than this one...
HA HA HA
I laugh every time very loud when i read the words in his signature.
"Academic interest in bitcoin only. Not owner, not trader, very skeptical of its long term success."
LoL
But about ponzi seems interesting ...