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The Ups and Downs of Bitcoin

Posted By ivanpw 772 days ago on Business

http://www.smbceo.com - As bitcoin gains in popularity, more and more people are getting interested in it. But what is bitcoin, and why is it so popular? Bitcoin is a digital currency that is created and held electronically. It is not regulated by any government, and its value is determined by the market. Bitcoin has been around since 2009, and it has had its ups and downs over the years.

In 2013, the value of a bitcoin reached a high of $1,242. However, the value plummeted later that year, and as of January 2018, the value of a bitcoin was only $13,600. So why does the value of bitcoin go up and down?…
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