Nobody can call you a madman if you buy a Bitcoin yesterday at $12,000 because just after one day you are able to sell that coin for $15,000.
The interesting thing is that the popularity of Bitcoin in Korea is even bigger than the rest of the world because the price of single Bitcoin already reached at $19,000 on local exchanges.
The price of Bitcoin is likely to increase on the news that Bitcoin futures are launching on CME, Nasdaq, and CBOE soon.
A technology, Lightning protocol, that should be able to make Bitcoin transactions so much quicker, reached version 1.0 on Wednesday. ACINQ, Blockstream and Lightning Labs are the three companies which are working on “Lightning protocol”, said they have successfully tested in on actual Bitcoin transactions. Before the technology to be implemented, there’s still a lot of the pending work to be done.
The Bitcoin’s price has increased up to 1500% since January 2017 and around 3500% since January 2016.