Hype inflates Bitcoin – Bitcoints


Published on May 18th, 2017 | by bitcoin


Hype inflates Bitcoin

I would give that distinction to a certain cryptocurrency that is quickly making its name and fortune: Bitcoin.
Bitcoin has all the attributes of a bubble in the making.
Buyers and sellers of Bitcoin can trade anonymously, which makes the digital currency a favorite of criminals and hackers demanding ransom.
An investment in Bitcoin has returned a breathtaking 351 percent annually since its inception in July 2010 through Tuesday.
To put that in perspective, an investment of $100 in Bitcoin from the beginning would be worth close to $3 million today.

Source: News.google.com

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