Despite fears of a bubble crypto-currency Bitcoin has broken through the 5000 dollar mark
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The controversial crypto-currency Bitcoin hit a new record high of above 5000 dollars on Thursday, making it four times more expensive than an ounce of gold.
If #Bitcoin hits $5,500 by tomorrow…
I will send 1 BTC to EVERYONE that RETWEETS and LIKES this-Warren
— Warren Buffett (@ORACLEofETH) October 12, 2017
At the start of this year it was worth 966 dollars, but its market capitalisation is now close to the total assets at Goldman Sachs.
Some #Bitcoin numbers –
smashes through $5,000
+73% in less than a month
+428% year-to-date
+750% in the last year pic.twitter.com/7i1UpDS5qU— Jamie McGeever (@ReutersJamie) October 12, 2017
Some investors are warning of a bubble, but with near-unprecedented returns, many are piling in.
#Bitcoin its all relative chart! pic.twitter.com/2WcR64yVRK
— jeroen blokland (@jsblokland) October 12, 2017
