科技创新！
Bitcoin has quadrupled in value in six months
Thought that the days of cryptocurrency bubble are behind you? Think again.
On Tuesday, the price of Bitcoin hit a new yearly high of $12,867 per coin according to CoinMarketCap, and that's after crushing the psychological $10,000 barrier just days ago.
To put things into perspective: The price of Bitcoin has quadrupled in just six months after hitting a yearly low of about $3,200 in Dec. 2018.
SEE ALSO: Facebook's Libra cryptocurrency: Experts break down privacy issues, threat to Bitcoin, and moreThe price growth has been relentless, even when many experts expected a pullback, or at least a pause.
Tweet may have been deleted
While it's quite amazing that BTC isn't all that far from its all-time-high of $19,900, which it reached in Dec. 2017, some traders are forecasting much higher numbers this time around.
Tweet may have been deleted
One reason behind the optimism is the "halvening," a recurring event in which miner rewards for producing new bitcoins is cut in half. Typically, there's a price rise leading up to this event. The next halvening will happen in about 329 days.
Tweet may have been deleted
Notably, while the price of Bitcoin rages upwards, nearly all other cryptocurrencies -- collectively referred to as altcoins or alts -- suffer in comparison.
Tweet may have been deleted
And just like last time, crypto non-believers are warning that the bubble may deflate at any time.
Tweet may have been deleted
Read our overview of recent developments in the crypto world for possible reasons behind the sharp growth. Bitcoin's trajectory, however, appears to be largely decoupled from news -- just like it was two years ago.
One thing is certain: With growth like this, Bitcoin has (once again) heavily outperformed assets like stocks and gold and is likely to be the talk of the town -- at least as long as its price keeps rising.
Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH.
Featured Video For You
Major U.S. retailers are now accepting Bitcoin and other cryptocurrency
文章
1273
浏览
14
获赞
69524
热门推荐
TwoSeven review: Group streaming for all of your favorite services
The search for the perfect group streaming service for the age of social distancing isn't over, butInstagram turns to Facebook's roots with university
When Facebook started off it was essentially an online yearbook based entirely on where you went toApple permanently removes Alex Jones' InfoWars app from App Store
Alex Jones took another major blow this week.Following bans from Twitter and Periscope, Apple has peThese good dogs don't know how to feel about fidget spinners
Dogs, like all of us, don't know what to make of fidget spinners, and can't wait for them to finallyMom faceswaps her kid with Thomas the Tank Engine, and it's incredibly cursed
Faceswaps are inherently pretty terrifying. Who thought this was a good idea? The proportions neverThere's finally a federal bill to help workers in the gig economy
We know about the problems with the gig economy: workers who drive for Uber, deliver food for PostmaFeds warn about drones after Venezuela attack
U.S. officials sent out a warning after Venezuelan President Nicolas Maduro was attacked with explosPete Souza's absolute best trolls of Donald Trump
In an internet world where trolls lurk around every corner, one has loomed above the rest: Pete SouzEvery 2020 candidate's 404 error page, ranked
UPDATE: May 16, 2019, 3:36 p.m. EDT Since this story was published, three more candidates -- Bill dePSA: Uninstall "Adware Doctor" from your Mac ASAP
If you have the Adware Doctor app installed on your Mac, you should uninstall it ASAP.Despite rankinDonald Trump breaks Twitter silence with predictable James Comey rant
Somehow, Donald Trump managed to restrain himself from tweeting yesterday.Throughout James Comey's tApple permanently removes Alex Jones' InfoWars app from App Store
Alex Jones took another major blow this week.Following bans from Twitter and Periscope, Apple has peThe 'Avengers' cast are arguing over a stolen pillow on Twitter
Admit it: if you got the chance to spend time on the movie set of one of the world's biggest film frEpic Games slams Google for sharing Fortnite Android app exploit info
Google essentially got slapped in the face when Epic Games, the developer of the super popular FortnPeople are sharing their amazing love stories after Taiwan's same
In a landmark development on Wednesday (May 24), Taiwan's top court issued a ruling that would pave