29 Followers
·
Follow

The recent surge in Bitcoin prices have caught the interest of many people. In this short summary, I hope to bring some clarity to what is happening now in the cryptocurrency space. And in a later paper, I hope to present some thoughts from the technical and financial industry on the still developing space.

The Surge

Out of nowhere, the price of Bitcoin went from just under $1,000 dollars to well over $4,000. This four times increase in value in the span of nine months. This, however, is nothing new in the cryptocurrency space.

If we look at the raw percentage increase in value, back in 2013, the price went from $100 to $1,000. A ten times increase in value. …

About

BitAd

Earn Bitcoin by promoting your favorite Bitcoin Companies!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store