At the end of the year will exceed 10000 bitcoin or super billion dollar market for McDonald’s
From the beginning of last week, bitcoin after a round of roller coaster rose 12, bitcoin prices had fallen to about $5500, then rebound once reached 50%, the price was above $8300.
StandpointResearch founder RonnieMoas said in a report, bitcoin prices may rise further, “there are a lot of positive developments in the past 5 months, bitcoin forward several obstacles on the road has been eliminated.”
Some analysts said the reason for this round rose from the United States, the payment company Square has announced the start to allow certain customers to buy and sell bitcoins in its CashApp application. This shows that bitcoin is recognized as a legitimate investment.
Of course, this year foreign bitcoin is constantly questioning, Goldman Sachs Group CEO said he was, Mr Blankfein, bitcoin neutral. “We are still considering bitcoin problems, there is no conclusion — neither support nor deny. We know that in the past were replaced by money gold, people have doubts.”
JP Morgan CEO Jamie Damon attitude is more clear that bitcoin is a “hoax”, also want employees not to participate.
In spite of the storm, according to statistics, bitcoin prices rose nearly 700% this year, according to the BitcionPrice trading platform data shows the current bitcoin market value has more than $166 billion 900 million, more than McDonald’s market value of $1330.