Bitcoin Is Now Worth $15,000 USD -

Bitcoin Is Now Worth $15,000 USD

Credit: hypebeast.com

  • Dec 07 2017 16:45About: 5 days ago
  • 13 views

Just a week after Bitcoin's value shot up to $10,000 USD, the cryptocurrency has already skyrocketed up by $5,000 USD to over $15,000 USD per coin. This is a shocking change since the beginning of 2017, when it was estimated at a mere $800 USD.

Since September, Bitcoin has ballooned in value by over $7,000 USD. Skeptics are cautiously predicting that the volatile cryptocurrency's bubble will burst, and a short is expected. Indeed, just after reaching the $15,000 USD mark, Bitcoin's value stumbled and fell back down by $200 USD. Conservative speculators also point to the incredible energy costs necessary to continue harvesting Bitcoin, which requires as much annual energy as the entire country of Denmark.

Despite its potentially unsustainable future, some investors like Walter Zimmerman look at the cryptocurrency as if it's a "game" in which "the goal is to get the highest possible score." Bitcoin's unpredictable investment and earned disdain from a Nobel Prize-winning economist may scare some speculators off, but the possibility to become an overnight billionaire may be too tempting for others. What do you think -- is the unstable crypto worth your money? After all, its market cap currently lords over McDonalds, Disney and IBM.

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Just week after Bitcoins value shot $10000 USD cryptocurrency already skyrocketed $5000 over $15000 coin. This shocking change since beginning 2017 when estimated mere $800 USD. Since September Bitcoin ballooned $7000 USD. Skeptics cautiously predicting that volatile cryptocurrencys bubble will burst short expected. Indeed just reaching $15000 mark stumbled fell back down $200 Conservative speculators also point incredible energy costs necessary continue harvesting Bitcoin which requires much annual entire country Denmark. Despite potentially unsustainable future some investors like Walter Zimmerman look game goal highest possible score. unpredictable investment earned disdain from Nobel Prize-winning economist scare off possibility become overnight billionaire tempting others. What think unstable crypto worth your money? After all market currently lords McDonalds Disney IBM.Read more HYPEBEASTClick here view full gallery HYPEBEAST

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