Bitcoin reaches an all-time high of $5,000

By TechJuice on
October 12, 2017
  -   Like us now!  
 

The past few weeks have been very tough for Bitcoin. China, the hub of Bitcoin exchanges, banned the exchange of Bitcoin. JP Morgan Chase CEO called Bitcoin a fraud and made a series of negative statements about it. Putin remarked that Bitcoin is used for backing terrorism activities.

Despite all this negative press, Bitcoin value has shown a stability and now just before another expected split of Bitcoin, it has reached an all-time high value of $5,000. At the time of writing this, Bitcoin’s value is $5,163.

One of the reasons behind this surge in the price of Bitcoin is the hard fork of Bitcoin into Bitcoin Gold. In the light of Bitcoin split the altcoins owners are in a state of ambiguity which is why they are going back to Bitcoin for the investments.

The Bitcoin’s value is increased more than $750 per coin in the last week alone. Some of the key stakeholders of the financial industry have also shown support and trust in Bitcoin. Just recently, the Morgan Stanley CEO James Gorman said that “cryptocurrency is certainly more than a fad.”

Goldman Sachs is also setting up a Bitcoin trading operation.

The value of Ethereum is $306.79 at the moment and Ripple is $0.2581.

 
Essential is now available in Pure White color
 
 
 
Gilgit-Baltistan and AJK to get 3G & 4G services by Feb 2018
 

BUY & SELL BITCOINS

NameDescriptionLink
LocalBitcoins.com is a peer-to-peer bitcoin exchange, a site where you can list your own bitcoins for sale or buy bitcoins directly from other users.Buy Bitcoins
Coinmama lets you buy bitcoins with your credit card or cash.Buy Bitcoins
With CEX-IO, you can buy and sell Bitcoins for USD or EUR with payment cards or via bank transfers easily. Get into Bitcoin Trading on the worldwide Bitcoin Exchange.Buy Bitcoins
Coinbase is the easiest place to buy, use, and accept bitcoin, ethereum, and litecoin.Buy Bitcoins