[ad_1]
Those who invested in bitcoin might wake up to good news on Saturday morning:
It was the best known and most popular cryptocurrency in the world at $ 31,000,824, but it hit $ 33,000,099 during the day and was at $ 32,000,883 at the time of this writing.
According to Reuters, more and more traders and equity investors are convinced that the digital currency is on its way to becoming one of the top currencies of the future.
In the previous year, the value of bitcoin rose 330 percent, two weeks ago the exchange rate had already reached all-time highs, surpassing the psychological limit of $ 20,000. That’s another 50 percent increase. We have written about bitcoin as one of the possible currencies of the future here.
What is Bitcoin?
Bitcoin is an open source digital currency from which a strictly defined amount can be mined. The maximum stock remained at 21 million and by the end of 2020, there were around 2.5 million removable bitcoins left. Bitcoin is not under the control of any central bank, the decentralized software system cannot be manipulated, it guarantees immediate and practically free cash flow between users. On average, miners find one bitcoin every 10 minutes, according to which the last pieces of the 21 million bitcoins that represent the ceiling would be found in 2140. But based on the current upward trend in mining capacity, analysts set a date between 2040 and 2050 in which 99.9 percent of all bitcoins will be mined.
In an email to Reuters, Sergei Nazarov, co-founder of the global blockchain project Chainlink, expressed his conviction:
bitcoin is very likely to hit the dream limit of $ 100,000.
For years, people have constantly lost faith in their governments, and their financial policies due to the effects of the coronavirus have only accelerated this process.
Nazarov thought.
The summary of the history of open source digital money is everything worth knowing that it was released in January 2009 by an unknown and really hit in April 2017. At that time, around $ 1,000 was still trading, But by the end of the year it approached the 20,000 mark, then started to slide down the slope in January and weakened to $ 3,000 in one year. Many have already given up on it, but in the summer of 2019 they bought it back for around $ 10,000.
It also fell below $ 5,000 in March this year, then spiked again, breaking the peak, with some analysts predicting even more recently that bitcoin will not break above $ 20,000, even though it has now crossed $ 30,000. is.
[ad_2]
