When it comes to Bitcoin, there is no denying that it has been on a tear over the past year. The value of 1 Bitcoin has gone from around $1,000 in January of 2017 to over $13,000 as of December 2017.

That is an incredible return, and it has made a lot of people very wealthy. But what is the value of 1 Bitcoin now?.

It is impossible to say for sure what the value of 1 Bitcoin will be in the future. However, there are a few things that we can look at to try and get an idea. First, let’s look at the supply of Bitcoin. There are only 21 million Bitcoins that will ever be mined.

As more and more people start using Bitcoin, the demand for it will go up. This limited supply will likely keep pushing the price of Bitcoin higher.

Another thing to consider is the utility of Bitcoin. While it is still mostly used as an investment vehicle, there are more and more businesses starting to accept it as payment.

This increased utility will also help drive up the price of Bitcoin.

So, what is the value of 1 Bitcoin now? It is difficult to say for certain, but it seems likely that the price will continue to go up as demand increases and utility grows.