Bitcoin just got another record. The new record is $ 12,767.
The record series continues in the crypto currency Bitcoin. For the first time in the history of Bitcoin over 12 thousand dollars.
Bitcoin futures contracts are expected to be processed this month. As Bitcoin begins to see futures trading, it is said that the crypto currency will be more acceptable among investors and its usage will become more widespread.
Bitcoin in the morning before the process of 12 thousand 188 dolar, then up to 12 thousand 767 dollars renewed record.
At the beginning of the year, Bitcoin, which is at the level of 1000 dollars, has thus saved the investor 12 times as much money as the investor in the last 11 months.
On the other hand, Bitcoin's market value has exceeded $ 200 billion.
"A Dangerous Speculative Balloon"
Objection against the crypto currency continues as the record series continues. The last striking comment about the subject came from the famous economist Stephen Roach of Yale University professors. "This is a very dangerous speculative balloon that will not come to pass," said Roach, who was Morgan Stanley's former Asia Chairman and chief economist.
"I did not see any product up to now with such a steep graph, but Bitcoin used the most steep path I've ever seen in my career." Roach said Bitcoin is the hardest moving financial product he's ever seen.
What do you think Bitcoin will continue to rise? Or is Bitcoin a balloon?
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