Bitcoin exceed $5k mark

First cryptocurrency just broke the $5.000 mark; historical maximum updated
12 October 2017   507

On the 12 October, approx. 8:14 UTC, Bitcoin exceeded the $5.000 mark.

Bitcoin price chart
Bitcoin price chart

On the graph of the BitFinex, you can see how the price of "digital gold" reached its maximum value at $ 5147.6, which is the historical maximum.

Bitfinex Bitcoin chart
Bitfinex Bitcoin chart

According to the service of Coinmarketcap, currently the weighted average bitcoin rate is $5161.06, capitalization of the first crypto currency is $85.7 billion.

Twitter CEO: BTC to be Single Currency in Decade

Jack Dorsey has a strong belief in the future potential of bitcoin
22 March 2018   20

CEO Twitter Jack Dorsey believes that after 10 years bitcoin will bypass the importance of the US dollar and become the most relevant currency in the world, which will be used by billions of users around the world. The businessman said this in a commentary to the British edition of The Times.

The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.As more and more people have it, those things go away. There are newer technologies that build off of blockchain and make it more approachable.

Jack Dorsey

CEO, Twitter

Despite the fact that at the moment the bitcoin continues to experience certain problems that, according to Dorsey, prevent him from becoming an "effective currency," further development of the protocol, he believes, will inevitably lead to necessary changes.

The last thought of Jack Dorsey, who is also the founder of the payment start-up Square, seems to refer to the Lightning Network technology - the second layer of bitcoin scaling, which allows for instant and exceptionally cheap microtransactions.