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Heist. 11 people have already been arrested in iceland. the real world value of the stolen digital currency nearly $2 million. i hope they didn't steal any of my bit coins. i don't have many but they are near and dear to me. ainsley: they are not nearly as valuable as they once were. pete. in the wake of the massive shooting in florida which you know left 17 people dead at a high school. criticism of law enforcement, there are a lot of people that have responded to that one texas sheriff has a simple message. when there is an active shooter, he says, we go in. pete: i griff: in a memo to his d...

Year. >> let's talk about another popular topic. bit coins, it's dropped 25% in 24 hours from a record high of $20,000 earlier this week. is it the bitcoin bubble finally popping or a temporary pullback if crypt to currencies? what can you tell us? >> it appears that bubble will never burst. look at how it started off trading at a thousand dollars and got up to $20,000 at the beginning of the week. it pulled back about the 14,000 mark. now cne have introduced futures trading in bitcoin and banks like goldman sachs. it appears as bitcoin and crypto currencies will be around for a

Uses, think of it as a boutique investment, taking up as much energy as the country denmark uses. why is that? >> one needs huge computing power. basically computers solve the puzzles that were set for the miners and they get awarded bit coins. it is like the old analogy, it is very alliterative if you strike gold. those farms which are in china, think tank in australia, it is conceivable they would ultimately use 60% of the

>> the amount of energy bit coin uses, think of it as a boutique investment, taking up as much energy as the country denmark uses. why is that? >> one needs huge computing power. basically computers solve the puzzles that were set for the miners and they get awarded bit coins. it is like the old analogy, it is very alliterative if you strike gold. those farms which are in china, think tank in australia, it is conceivable they would ultimately use 60% of the

The people jumping on the bit coin bandwagon are investors. the value is soaring. on thursday the value rose 40% in 40 hours. it's year to date gain is 1500%. for the investment community, bit coin is becoming mainstream. starting on sunday the chicago board of exchange will offer trade in bit coin futures. the nasdaq in the first half of 2018. as for wall street, there is a mixed reaction. morgan stanley, we will wait and see. goldman sach's will do it on a case by case basis. a man said it's a fraud. look for more political candidates to accept contributions in bit coins as senator paul did.