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Bitcoin Enjoys End of Year Price Surge

posted by martyb on Tuesday December 27 2016, @11:27PM   Printer-friendly
from the real-appreciation-of-virtual-currency dept.

Phoenix666 writes:

The value of the Bitcoin virtual currency has hit a three-year high with each one now worth about $900 (£730).

At the start of 2016, single coins were only worth around $435 but their value has climbed steadily all year.

The steady upward progress has continued despite regular hack attacks on virtual currency exchanges in which coins have been stolen.

Experts said the rise in value was linked to the long-term depreciation of the Chinese Yuan.

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  • (Score: 2) by JNCF on Wednesday December 28 2016, @12:12AM

    by JNCF (4317) on Wednesday December 28 2016, @12:12AM (#446510) Journal

    Sort of like how the US government demands dollars?

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