Bitcoin is currently trading for AU$4,390. That’s up from the AU$4,070 quoted by The Age in the above article, released only Tuesday morning.
In fact, we want you to benefit from the cryptocurrency revolution in the same way that thousands of everyday Aussie investors already are.
But on one particular exchange, it is sitting at US$5,290. That’s a 55% premium some bitcoin investors are willing to pay!
If you’ve been following Ethereum at all this year, you’ll know its price has gone bonkers. A rough estimate puts gains around the 3,275% this year alone.
In today’s Money Morning…cryptocurrency investing re-uniting old friends…this time it is different…a stage-three boom around the corner?…and more…
We told you so. There, I said it. I don’t mean to be smug, but I did tell you. I said that bitcoin’s price would continue to rise. It will go up and down.
Last night people all over the world just cashed in. Do you want to know more about this crazy, once-in-a-lifetime revolution in global finance?
It’s less than 10 hours now since the first Bitcoin Cash (BCH) block was mined, signalling the official confirmation of the fork. So, what has the reaction been like among traders?
At 6.14pm UTC, a bitcoin miner mined the first Bitcoin Cash block, making the highly-publicised split official. Since then, four more blocks have been mined. So, what now?
It’s D-Day for Bitcoin. After tonight, at approximately 10:20pm AEST according to our calculations, Bitcoin will split for good — leaving us with Bitcoin (BTC) and Bitcoin Cash (BCC).