FILE PHOTO: A Bitcoin logo is displayed at the Bitcoin Center New York City in New York's financial district in NY, U.S. on July 28, 2015. REUTERS/Brendan McDermid/File Photo
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Bitcoin ploughed past $14,000 to a fresh record on Thursday as investors continued to pile in, triggering a warning the cryptocurrency was "like a charging train with no brakes" that would inevitably slip back.Bitcoin -- which came into being in 2009 as a bit of encrypted software and has no central bank backing it -- has risen from a 2017 low of $752 in mid-January, and surged dramatically in the past month.Bitcoin and other virtual currencies use blockchain, which records transactions that are updated in real time on an online ledger and maintained by a network of computers.
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