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May 02, 2015, 08:37:28 PM

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...


A quote from that thread

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I've never heard of this kipi thing. This bs is giving bitcoin a bad name.

No shit sherlock. But only for the umpteenth time. Grin