Quote from: marcbitcoins on December 29, 2017, 12:31:07 AM

Quote from: mayuri27 on November 28, 2017, 03:56:16 PM

Expert explains theories behind Bitcoin surge...

Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.

Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.

But despite the incredible growth, economists are still apprehensive of the tokens inherent volatility and signs it could be a price bubble.

Just two weeks ago, bitcoin investors took a hit when the tokens prices plummeted over 20 per cent before bouncing back.

The most common reason for this is that bitcoin is become more popular on every corner of the earth in which result to many small and big time investors are joining in because they realized that bitcoin investment is very promising that they will earn for sure. When investments are pouring in it results to increased of demand with controlled supply of bitcoin.

Despite some bad news about bitcoin, it will develop another trend next year. This can end up in $40,000 or around this price. The demand is still high, don't worry. The market is also expanding.