Today, something that many people predicted, that Bitcoin will reached a mark-up of $10,000 is just happen! The news comes only two days after Bitcoin passed the figure of $9,000 and eight days after it reached $8,000.

Bitcoin’s rating rose by 1258 percent over the past year, and the cryptography in circulation was estimated at a total of $316 billion. The marketing director of Hong Kong’s Gatecoin Exchange, Thomas Glockensman commented to BloombergTV that the $10,000 price is actually low for bitcoin.

“If we look away from technology and its potential in the coming decades, bitcoin is underestimated,” he said. Some analysts say this is the beginning of an emerging trillion-dollar industry and the biggest thing that is happening in the field of technology from the existence of the Internet.

According to some more bold commentators Bitcoin has the potential to replace the gold and the US dollar and any money instrument between them. But others say it’s the biggest bubble the world has ever seen, and that Bitcoin will collapse to zero very soon, if not tomorrow.

Maybe the truth is somewhere in the middle, but still many people are wondering where this story is going and whether it’s just a huge internet bubble. In fact, many people still have no idea what Bitcoin is, what he does and how to get one.

The same applies to Wall Street, where many institutional investors still do not buy Bitcoin shares. Given the rate of rise, Bitcoin may reach $11,000 even during tomorrow’s day. Post from: GizBrain

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