Bitcoin is a magical virtual currency, but its value is not cheap. How much RMB can a bitcoin exchange for? Every sharp rise of bitcoin brings a short warning, and these warnings can not prevent bitcoin from reaching a new high in recent days, approaching the $10000 threshold.
Bitcoin's latest offer from bitcoin is $9562.36. It is worth mentioning that bitcoin trading platform bithum of South Korea quoted a price. Bitcoin price today has exceeded 10000 US dollars, which is also the highest price in bitcoin history.
There has been a lot of controversy about bitcoin, and American investment banks, including JPMorgan Chase, have also repeatedly empty bitcoin. Judging from the price trend of bitcoin, its price fluctuates greatly. In September, Chinese regulators demanded that the domestic bitcoin exchange be closed, causing the price of bitcoin to drop 40% to below $4000. Now, however, bitcoin has recovered its lost ground and set a new high.
In early November, bitcoin rose to a record high above $6580 as investors flocked to buy in the bull market. Lukman otunuga, research analyst at fxtm, at that time analyzed that the price trend showed that bitcoin bulls firmly controlled the market, and if bitcoin broke through $6600, the rise would be unlimited.
At the end of October, the Chicago Mercantile Exchange announced plans to launch bitcoin futures this year. According to Neil Middleton Wilson, senior market analyst at ETX capital, this is a significant move, which is equivalent to recognizing the legitimacy of bitcoin as a tradable asset. At present, the market value of bitcoin has exceeded that of IBM, Disney or McDonald's. Bitcoin has a market value of $161.1 billion, according to bitcoin. The FTO analysts agreed, saying that bitcoin's appeal has been greatly enhanced as market doubts about it have cleared up. Bitcoin is very strong in the face of major adverse news, up more than 600% this year, reaching more than 6000 US dollars.
The market is still warning of risks. According to Neil Wilson, bitcoin is elusive to traditional investors. Unlike traditional commodities and currencies, buying bitcoin is like buying shares in a company that issues only 21 million shares and never pays dividends. Bitcoin's only way to generate value is to find the next "dumber man" who is willing to pay a higher price for it. For bits without intrinsic value, now is a huge bubble.