The virtual electronic currency recorded a new record price, one week after reaching the top of 10,000 US dollars. The currency's last gain was $ 11,800, losing the equivalent of 20 percent at the end of last week's trading session and then reverting to strong gains again. Etherium, the second largest electronic currency by market cap, rose to $ 480 before falling to $ 468. After the gains in the currency, the market price reached 192.9 billion dollars with gains of more than 1000% this year.
The growing gains for developers have not been stopped by many experts' expectations of a pre-emptive warning and it is a bubble that is close to exploding. Last week, Nobel Prize-winning economic expert Joseph Stiglitz said Petekwin was "smoke and mirrors" and "should be banned" because of his lack of control. Other experts predict that there is a greater chance of 80% of the near decomposition.
On the other hand, former hedge fund manager Michael Novogratz recently predicted that the price of the house will reach $ 40,000 by the end of 2018. Last week John McAfee, the software controller, doubled his bet that he would destroy himself if he did not reach $ 1 million by 2020.
Currency Analyst