THE HIGHS AND LOWS OF BITCOIN
When it comes to cryptocurrency, you either get it or you don’t. Bitcoin continues to evolve, without a plan, without a leader. Here’s how.
The price of bitcoins reflects how much buyers are willing to pay. Here, the currency behaves more like shares, but it can still be used as a means of payment. The currency’s volativity is clearly reflected by price developments. When bitcoin gets bad publicity, prices fall quickly, and when investors buy digital coins on a large scale such as in the second half of 2017, prices rise dramatically.