1200 bitcoin price

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By continuing to use this site we’ll assume you are happy to receive them. Gold and silver have taken a backseat to Bitcoin-mania, but they are still more relevant assets. Bitcoin has dominated the financial news cycle, but in the long run, this particularcryptocurrency might be more bark than bite. Although the technology of blockchain and cryptocurrencies will live on, the way the financial markets have pinpointed Bitcoin as the end-all-be-all for the complex is arguably flawed logic. The cryptocurrency idea is less than a decade old and will undoubtedly experience growing pains. Since when does doing algebra instantly create a valuable asset? Further, Bitcoin was never intended to be an investment vehicle and would likely prove to be less valuable than just about any tangible asset on the planet should the world undergo a calamity.