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Bitcoin Price – Cryptocurrency Value Continues to Grow and There are No Signs of Stopping

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Bitcoin price and the value of cryptocurrencies continue to grow and apparently, there are no signs of stopping now! Read more!

According to the latest news, the value of Bitcoin has grown by almost 6% over the last 24 hours and almost 25% over the last week. Over the past month, it has declined by nearly 18%. If you are following Bitcoin news actively you will know that the most recent value drops were huge, which caused reports to be made about certain cryptocurrency regulations and rules, as well as, trading bans.

Did you know that South Korea stopped allowing individuals to buy, sell or trade Bitcoins and other cryptocurrencies anonymously? Yes, it is true, however, there is no plan until now to ban cryptocurrency exchanges for good.

In the meantime, Theresa May has announced that the UK government may do the same or introduce similar measures. However, they are more concerned about other things at the moment and one of them is the popularity of Bitcoin amongst criminals.

This news and all the recent goings-on have once again demonstrated how fast things can change sometimes.

The value of cryptocurrency collapsed just before Christmas and surprised us all by dropping by almost $2000 in one hour and slipped below $10.000 mark. Finally, it recovered in mid-January and decreased again at the start of February.

We can say that Bitcoin as a cryptocurrency is particularly volatile and we can expect its value to continue to rise and fall unpredictably. Its incredible rise last year also led to popularity and increasing the amount of interest in other cryptocurrencies as well, such as Ethereum, Litecoin, Ripple XRP, and today more and more people are interested in investing in digital currencies.

But, according to some experts in this field and successful business owners, there are fears that Bitcoins is creating a bubble that could easily burst at any moment. This is a serious prediction and it is what investors fear the most.

Different financial experts and advisors have strongly advised investors to avoid getting involved with cryptocurrency and the SEC has advised people to be wary of criminals and online scammers.

However, on the other side, we have experts that are saying that the Bitcoin value could rise in the future towards the $1 million mark. What can you say about this?

Bitcoin doesn’t have a central bank and it is not linked or regulated by any institution or state. An anonymous record of bitcoin transaction is kept on a public ledger, otherwise known as Blockchain.

The transactions made with Bitcoins and other cryptocurrency are inevitable, which makes potential investors in Bitcoin, Ethereum, Litecoin, and others an attractive target for scammers and cybercriminals.

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You have to be prepared that there are going to be a lot of speculations when it comes to Bitcoin, its price, and value. If you are interested in investing in cryptocurrencies, we highly advise you to get familiar with Bitcoin first, understand how this technology works, how you can buy Bitcoins, sell Bitcoins, exchange Bitcoin for cash, and etc. and then decide whether or not investing your money in Bitcoin or other cryptocurrencies is worth it.

The latest news is that cryptocurrency value continues to grow and apparently there are no signs of stopping, but who knows right. There is nothing 100% secure in the cryptocurrency world. So gather all the information you can find, make your own research consult with people who have already invested, and then make a final decision – to invest or not! Good luck!