Bitcoin increased in price by almost 30% in its profitability this year. Cryptocurrency ahead the fiat currencies and popular stocks in the traditional financial market.
On January 1, the Bitcoin price reached $ 1,000 and for some time continued to grow rapidly. At the same time number of subsequent events threatened to lead to the collapse of the cryptocurrency. We are talking primarily about the problems arising from the largest Chinese exchanges with the authorities, ETF Winklevoss rejection and potential Bitcoin Unlimited hard fork...
Read more https://bit.news/eng/bitcoin-ahead-of-the-profitability-of-traditional-currencies-and-stocks/
On January 1, the Bitcoin price reached $ 1,000 and for some time continued to grow rapidly. At the same time number of subsequent events threatened to lead to the collapse of the cryptocurrency. We are talking primarily about the problems arising from the largest Chinese exchanges with the authorities, ETF Winklevoss rejection and potential Bitcoin Unlimited hard fork...
Read more https://bit.news/eng/bitcoin-ahead-of-the-profitability-of-traditional-currencies-and-stocks/
It`s sad that most people use bitcoin more as a "stock" rather than a currency.
Yes,bitcoin is profitable,but is it convenient and safe to use for the newbies?
Bitcoin survived those events and this prooves it`s stability.