Bitcoin, which has increased in value with increasing demand, has reached a new record level. December 03, 2017: New Bitcoin record price exceeds $12,000. Bitcoin, which fell below the 10 thousand dollar level only 5 days ago, started to trade above 12 thousand dollars.. As of today, the new Bitcoin record price was recorded as 12 thousand 122 dollars.
Bitcoin market value is about to see 200 billion dollars
Bitcoin market value has reached 197 billion dollars according to Coinmarketcap data. The new Bitcoin record price came within the day and there is no serious drop in momentum yet. At the time the news was written, Bitcoin is trading at $ 11,777 and the last 24-hour trading volume is $ 5.5 billion.. Bitfinex, Bithumb, Hitbtc, GDAX and Bitflyer exchanges constitute the majority of Bitcoin’s last 24-hour trading volume.. Turkey’s largest trading volume Bitcoin exchange Paribu, 10.4 million dollars of transactions were carried out and the new Bitcoin record price of 12 thousand 122 dollars belongs to Paribu.
Nothing will be the same in the history of Bitcoin!
This journey, which a person or a group called Satoshi Nakomoto started alone in 2009, was first perceived as a game like a small crowd playing trading with thousands of Bitcoins in their hands, buying pizza with thousands of Bitcoins.. Afterwards, while the audience following BTC grew over the years and finally in 2017, it was in demand by the large masses, while the price of a Bitcoin climbed above 10 thousand dollars.
Now, a new era begins for the history of Bitcoin, and now nothing will be the same. In the past weeks, CME Group announced that it will add Bitcoin to its list of futures, then Nasdaq, the world’s second largest stock exchange, started Bitcoin futures and finally, Pwc, the world’s second largest investment consultancy company, announced that it would accept payments in Bitcoin. It means the entry of Bitcoin into the corporate world.
As I mentioned in one of my previous articles, only 21 million units can be produced and there are still 16.7 million BTC, which will not be enough for anyone as the number of investors increases.. Therefore, the price of Bitcoin, which will not be able to meet the increasing demand, will be directly affected.. The supply and demand, which will increase as institutional investors take their place in the Bitcoin sector, is an important development that will make you say that nothing will be the same as before.