After reaching a record high $5,300 price at the end of Thursday, Bitcoin surged even higher earlier this morning. This is one of the drawbacks of Bitcoin as a currency, as people feel the value can go either way in the coming years. Although many media outlets predicted the death of Bitcoin many times, things seem to have stabilized a bit in the past 18 months. The lack of volatility is keeping investors on edge, though, as price swings could occur at any time.

Looking back at the 2016 bitcoin price chart, the value barely hit the US$1,015 mark. But in the early hours of January 2017, bitcoin briefly hit the US$1,1399 mark on Bitstamp, even though that is only a technicality”. It is difficult to say if Masters was correct or not, but he was very close to the mark. He also predicted bitcoin would go as high as US$4,500 by the end of 2017 and we can only hope he was right in that assessment as well.http://t0ph4n.huns2huns.com/2017/10/20/bitcoin-is-on-a-roll-to-new-record-high-prices/