Why Did Bitcoin Rise In 2017 (And Will It Do The Same In 2018)

The biggest reason for the growth of Bitcoin was obviously the increased popularity that the virtual currency got basically everywhere.

With the crash of the market in 2009, digital currencies started showing up as an alternative. They are meant to function without central banks or any kind of regulatory bodies backing them up. There are no money as we know it but they are stored on the computers more specific in a digital wallet or on your cloud. Of course, this means that they can be used in all kinds of transactions.

One of the crypto currencies that catches the eye is certainly Bitcoin. The not so sudden interest and attention directed to bitcoin, contributed to its phenomenal rise and the wish of the people to invest more and more in digital currencies.

Bitcoin has broken the records this year growing to more than $13.000 for one Bitcoin (December 6th, 2017).

From people talking about it…To people investing in it…And ultimately, governments regulating it – Bitcoin has surged with a 1000% growth in 2017 alone.

Now, if you are asking yourself if this trend is going to continue, it’s best to read our blog and see the potential growth of Bitcoin and the records it could achieve.

Good luck!