Bitcoin seems to have reached an impressive landmark as earlier this week the digital crypt-coin became for the first time more valuable than gold.
On Thursday, the digital currency hit the price of 1268 dollars (for a Bitcoin) while an ounce of gold costs 1.233 dollars according to the BBC.
Bitcoin seems to be recovering well from a massive drop that took it to $200 per unit in the middle of 2015. From then until today Bitcoin continues to raise its value and also optimize its reputation.
CoinDesk has published a price comparison chart between the two commodities to show how their prices are going over the past three years:
BREAKING: The Price of Bitcoin is Now Worth One Ounce of Gold https://t.co/pewFXncB54 pic.twitter.com/cGH9E3al72
- CoinDesk (@CoinDesk) March 2, 2017
Earlier this year, the digital currency made several headlines when it surpassed 1.000 dollars for the first time since 2013.
After the initial shock received by the currency from the announcement of the closure of the electronic drug-market Silk Road, seems to be coming together. Bitcoin's bad reputation seems to have been overcome since every now and then we see more services adopting it as a payment method.
