Economics and International Affairs Blog
A blog by Vivekanand Jayakumar
Attention Economy
Monday, May 22, 2017
Bitcoin Bubble?
Extraordinary surge in Bitcoin value:
http://www.cnbc.com/2017/05/22/bitcoin-jumps-200-in-single-day-on-surging-global-demand.html
http://www.cnbc.com/2017/05/22/bitcoin-price-hits-fresh-record-high-above-2100.html
Interesting fact noted in the CNBC piece –
“If you bought $100 of bitcoin at the 0.003 cent price on May 22, 2010, you'd now be sitting on around $75 million.”
Related:
https://www.bloomberg.com/news/articles/2017-05-12/and-a-bitcoin-is-now-worth
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