With this new ascent, the criptodivisa is worth four times more than an ounce of gold.
Had anyone invested in Bitcoin? Then the news is good because thanks to an increase of 8%, the price of the digital currency soared to USD $ 5,240 and beats all the records it kept until now. Only in the last year, bitcoin has soared more than 750%, which experts believe is an obvious sign of its volatility.
The bitcoin project started in 2009 under the hand of Satoshi Nakamoto, during the past year actually revealed as Craig Wright . It is a virtual currency, used for payment on the Internet and also in physical markets where it is accepted. The mechanism after its operation is based on the peer-to-peer networks and its way of obtaining it is through the purchase or mining (difficult to obtain individually, due to the great capacity of hardware that it requires).
The currency, which operates in a decentralized manner and can be used anonymously, exceeded the value of four ounces of gold, ( USD $ 1296 per ounce ). However, that price is extremely volatile: last month it fell below USD $ 3,000, when Chinese authorities in Beijing ordered to curb their exchange for fear of generating financial problems.
The following graph shows in detail the rise of the cryptodivisa:
Visions Found
Jordan Hiscott , a leading trader of this currency in the United Kingdom through Ayondo Markets, said that "yields are indeed remarkable, especially given the recent ban on bitcoin trade in China, where demand had represented at least 10% of all global volumes.
"Meanwhile, one of the major skeptics of this means of payment is Kenneth Rogoff, professor of economics and public policy at Harvard University. "It's crazy to think that bitcoin could replace the money issued by the Central Bank. It is one thing for governments to allow small anonymous transactions with virtual currencies, and another quite different from allowing anonymous large-scale payments. The latter would make it extremely difficult to collect taxes, "he told The Guardian recently.
Fuente: https://www.fayerwayer.com/2017/10/bitcoin-rompe-nuevo-record-su-precio-supera-los-5-mil-dolares/