When it comes to Bitcoin, the question on everyone’s mind is will it go back up? Below, we outline some key points that may help answer this question.
Bitcoin was created in 2009 in the wake of the 2008 financial crisis. Its creator, Satoshi Nakamoto, designed it as a peer-to-peer electronic cash system that would be free from government interference.
Since then, Bitcoin has grown to become the world’s most popular cryptocurrency, with millions of people using it to buy and sell goods and services online.
However, Bitcoin’s popularity has also made it a Target for criminals, who have used it to buy and sell illegal goods and services on the dark web. This has led to calls for regulation from governments around the world.
In December 2017, Bitcoin reached its all-time high of almost $20,000 per coin. However, 2018 has been a tough year for Bitcoin, with the price falling to less than $4,000 per coin at one point.
So, what does the future hold for Bitcoin? Only time will tell, but one thing is for sure – the world of cryptocurrency is here to stay.