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One bitcoin last traded for $ 1,734.65, according to Coinbase, a company that helps exchange bitcoins. This value makes it worth more than an ounce of gold, which trades at a value of less than $ 1,230. But bitcoins can vary sharply. A year ago, the value was $ 457.04, which means now the value has been four times higher than the last 12 months. But the price is not always increasing. The value of bitcoin tumbled 23 percent against the dollar in the past week in January. Its value drops back to the same value within 10 days in March.
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