Bitcoin price 2017 30, October

in btc •  7 years ago 

after the milestone, prices are down somewhat, trading at an average of $6,166 across a selection of global exchanges.

Still, analysts have remarked that the increase comes at a time when bitcoin has never been more visible in the public eye, with business leaders and investment luminaries now discussing bitcoin on an almost daily basis.

Among those who have recently weighed in on its value include billionaire investor Warren Buffett, Saudi Prince Al-Waleed bin Talal and PayPal co-founder Peter Thiel.

Data from Google Trends indicates searches for "bitcoin" and "bitcoin price" are also nearing all-time highs, suggesting this exposure is perhaps translating into new awareness and investment in the protocol, now valued at more than $100 billion, according to data from CoinMarketCap.

"We're seeing confidence in bitcoin growing steadily," cryptocurrency derivatives exchange trader Joseph Lee told CoinDesk. "It's great for adoption."

Plane wing image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at [email protected].

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency11.jpg

btc rocket high tothesky
7 years ago by

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      ·  7 years ago 

    kumusta jhun! :) thanks for the update on bitcoin. i appreciate the info. im following u and upvoted now.

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        ·  7 years ago 

      @cmtzco has voted on behalf of @minnowpond.
      If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

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          ·  7 years ago 

        Yes bro i already followed you

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