The well famous cryptocurrency named Bitcoin yet again has managed to silence many of its negativities and critics by reaching the mark of $5000 last Saturday.
According to coindesk, the currency peaked at $5103.91
The currency peaked at $5103.91 according to coindesk, the digital cryptocurrency sent it scurring back down towards around mid-4000s. Of course, $5000+ is significant round number , Despite the sudden drop in its value, mostly all visitors in the bitcoin market has remained extremly positive about future growth of bitcoin. And if we goes back in january, Bitcoin traded for less than $1000 a coin.
Becomes most successful cryptocurreny in the world
Despite fears that the cryptocurrency named Bitcoin could crush at some levels due to an apparently looming civil war in community, and the subsequent hard fork to Bitcoin Cash.
It also expect that Bitcoin currency to outperform other cryptocurrencies, with some saying that it reaches somewhere peak of $10000 or $15000 in near future. And why wouldn't there be.
Value of Bitcoin increases day by day
"I think that we are absolutely capable of creating a cryptographic unit, a tool based on the Blockchain technology, and work out concrete regulations to set framework for the operations."
