After three years the bitcoin surpassed $ 1.000

For the first time in the last three years Bitcoin surpassed $ 1.000.

Bitcoin

The last time he was at these heights was December of 2013. The currency started at the beginning of 2016 with a parity of approximately $ 450 per Bitcoin, and therefore saw an increase of 125% within one year.

Despite the fact that Bitcoin has not reached the record of $ 1,216.7 previously held, today it is in the highest its total capitalization is estimated at $ 16.399.607.673.

For those who have Bitcoins in their wallet this news is obviously New Year's . Bitcoin market experts are optimistic about its future trajectory, stating that by the end of the year its price could be anywhere between $1.400 and $3.000. Of course, this is all speculation and everything depends on the market as well as its online security, since a possible hack in its traffic services could cause a huge blow to its price.

The current growth is likely due to , where Bitcoin has seen a surge in demand following a 7% annual decline in the yuan's value in 2016.

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Written by Dimitris

Dimitris hates on Mondays .....

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