Thursday, June 15, 2017

Bitcoin falling

Yesterday, the price of Bitcoin corrupted all at sudden.

Recently, the price reached 3,000 USD. The magnitude was the highest ever before. Some people claimed the price would be 10,000 USD in a year.

However, its price is now under 2,500 USD.

What do you think about the vulnerability of Bitcoin value? I believe Bitcoin and the technology of blockchain are innovation and cryptocurrency will be an alternative figure of money. But, its volatility is still so high that most Bitcoin lovers are speculators. It will take a while before Bitcoin becomes a common way of transaction.

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