The next historical maximum: bitcoin equal in value to gold
Thursday, March 2, in the course of trading the price of bitcoin has reached its next historical maximum – of $ 1,238. It’s a dollar more expensive per Troy ounce of gold. It is reported by CoinDesk.
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As reported, the growth of bitcoin from the beginning of the year reflects the so-called bullish trend in the stock market. In addition, the cryptocurrency supports the prospect of the approval of the Commission on securities and markets dedicated to her the first exchange-traded Fund. The decision should be taken until March 11.
It is worth noting that the price of gold in the last year did not change significantly and varies in 1150 and $ 1300 per Troy ounce.
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Again, Bitcoin is a virtual currency created in 2008, the Internet user under the nickname Satoshi Nakamoto. Bitcoin has no single issuing centre. Theoretically, every owner of a powerful computer can “mine” bitcoins by using computers, however there is a limit to the total amount of money in circulation. Besides, in some countries it is banned, and for operations with its use, the offender faces punishment.
We will remind, earlier because of increasing interest from Chinese regulator, the bitcoin exchange rate has fallen by 2%. Such a collapse is explained by the fact that on 24 January, China introduced a Commission of 0.2 per cent per transaction. The requirement applies to the three largest Chinese bitcoin exchanges BTCC, Huobi and OKCoin.