The following excerpt is from an article that originally appeared on The Economic Collapse Blog
By Michael Snyder, on December 6th, 2017
I have never seen anything quite like this in my entire life. As 2017 began, Bitcoin was selling for about $1,000, and many were optimistic about what the new year would bring. But nobody could have imagined this. When Bitcoin hit $5,000 in October, it made headlines all over the world, but it has continued to rise at an exponential rate since then. My friend Joseph told me that Bitcoin would hit $10,000 “by December”, and it actually happened. This week, the euphoria has hit an entirely new level, and as I write this article the price of Bitcoin is sitting at an eye-popping $13,899.50.
The price of Bitcoin is going up so fast that it is difficult to keep up with it. Just check out this chart. Bitcoin hit $12,000 on Tuesday night, and it could very well be above $14,000post was originally published on this site