And a bitcoin is now worth ...

With a 94 percent year-to-date gain, and a single “coin” now worth $1,843, bitcoin has been on a helluva run lately. The increase in the cost of the massively-volatile electronic tokens has led to many comparisons with that other recently favored outsider “currency” — gold. True, a unit of Bitcoin passed the dollar value of one troy ounce of gold this year, and is now more than $600 higher. But the daily swings in the digitally created asset have been vast. Even during the huge run up this year,...

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