Share Biz Desk: The value of the virtual currency Bitcoin continues to rise. The price of each bitcoin has crossed the record 15 thousand dollars. The new price of Bitcoin has been observed in all indices including Bitstamp, a Luxembourg-based virtual currency exchange platform, last Wednesday. News BBC, AFP, Reuters.
According to Coindesk.com, the price of bitcoin reached 15,780 or 11,252.62 on Wednesday, breaking all previous records.
The record price rose a day or two before it was added to the list of the world's two largest stock exchanges, the CME said. Bitcoin is coming to the capital market on December 10. Nasdaq, one of the largest stock markets in the United States, is scheduled to be listed on December 16.
Analysts believe that the digital A currency has risen in value since it was listed on a large capital market. The idea is that entering the capital market will increase its value even more.
According to Bloomberg, the price of Bitcoin has risen to a record twice in one day. After reaching 14 thousand 465 dollars this morning, it decreased a little and reached 15 thousand dollars again.
The value of Bitcoin has increased by 900 percent in the last one year due to various transactions. Yet many do not fully support it. Jamie Dimon, head of JPMorgan, a US multinational bank and financial institution, called Bitcoin a "fake."
After crossing the 10,000 mark for the first time, the British Federal Reserve said on Wednesday that Bitcoin could pose a threat to the global economy. A senior executive at the Bank of England said the price of bitcoin could rise 10 times this year.
Bitcoin was traded at monbar 16,065 each in Zimbabwe on Monday, compared to more than 11,000 in South Korea.
Earlier on Monday, the price of Bitcoin rose to 9,621, which is seven times more than an ounce of gold. The Bitcoin market now surpasses IBM, McDonald's and Disney. The total value of 16 million bitcoins has now exceeded 16 trillion dollars.
Analysts believe that the Chicago Mercantile Exchange (CMA) in the United States will launch the Bitcoin feature next December, announcing that the value of the digital currency has risen. Bitcoin prices have doubled since the CMA's announcement on October 31. At the end of last year, the price was only close to one thousand dollars.
By the way, Bitcoin is a symbolic currency traded through open source cryptographic protocols. Bitcoin transactions do not require any financial institution, regulatory body or clearing house. In this case, using Bitcoin encryption and blockchain database, it is possible to transfer funds in a very short time. Satoshi Nakamoto of Japan introduced this currency system in 2007.
Bitcoin is becoming increasingly popular in various parts of the world, since no financial institution is required to complete Bitcoin transactions and its transaction movements cannot be tracked in any way. In addition to legal goods transactions, the use of Bitcoin in drug trafficking and money laundering has also increased alarmingly. Although Bitcoin has gained popularity as a digital currency, it has been criticized by many for its sharp fluctuations against various international currencies, its scarcity, and its limited use in business.
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