The volatile year of bitcoin!

in bitcoin •  7 years ago 

The bitcoin came to rise its value much throughout 2017, bitcoin has become one of the most popular cryptocurrencies.

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The stock market capitalization of Bitcoin has increased 4.534%, from 4.3 billion dollars (in January) to 195 billion dollars today, a group that has been adding new names and that today covers thirty virtual currencies. After starting 2017 with a price below $ 1,000, bitcoin closed 2017 below $ 14,000.

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This is a big rise in which this December almost tested the honeys of $ 20,000 and 377,000 Mexican pesos-about 19 times their price at the beginning of the year.

Thus, driven by operations encrypted in networks of peers (P2P), bitcoins have their cross in the volatility: a few days ago, when the mood for their foray into future futures, the bitcoin lost about 20% of its value and It fell to $ 11,069, scaring many people like that.

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Is it risky to invest in bitcoins?

The exchange platform apparently has certain irregularities in its operations, which is why critics of the ecosystem of the main digital currency assure that this situation is very risky, because if it happens again, many people could be affected and the Bitcoin's economy would be compromised.

The volatility of bitcoin and the rest of the cryptocurrencies is still a fundamental part (at least for now) of this new economy in which we are witnessing a true roller coaster in which the ups and downs of value are spectacular.

What do you think?

Would you invest your money in bitcoins?

Do you think its value will rise drastically as in 2017 or lose value?

The truth is a very interesting topic since the coin was never thought to have the value it has until now.

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Great job!
Stpw

tanks :)