The Costly Mistake Bitcoin Investors Are Probably Making
Another week, another new high for bitcoin, the largest cryptocurrency by market cap, and easily the most popular virtual currency on the planet. While traditional investors are used to seeing the stock market return 7% a year, inclusive of dividend reinvestment, bitcoin's price has surged by well over 500% since the year began, recently touching a new all-time high of $6,306 per coin. It also firmly places bitcoin's market cap above $100 billion.
How on Earth has bitcoin become the top-performing and most talked about investment of 2017? It really has to do with four catalysts.
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Source: Fool.com