Bitcoin now passes $15,000

Bitcoin has advanced $1,000 higher in what is becoming an almost daily occurrence for the virtual currency.

Data from Coinmarketcap shows an average exchange price of $15,200 at press time Thursday, marking an astounding advance of over $6,000 in less than a week. Wide spreads on exchanges due to volatility accompanying wild upticks means many exchanges are trading $500 or more below Coinmarketcap’s rating. As an example, currently the difference in the price of one BTC on Bitfinex and Coinbase is over $1,000 at $14,250 and $15,400 respectively. New all-time highs now come and go in the blink of an eye as Bitcoin adds $1,000 of value every day, beating even more optimistic short-term forecasts from the likes of Max Keiser. Not just USD, but other currencies are also seeing milestones, such as Russia’s ruble today, now trading at 1,000,000:1 versus BTC. New price predictions are now hard to form, with regular commentators instead advising new inv…
Read more
  • 0