One Bitcoin is now worth more than one ounce of gold
March 02, 2017 at 15:05 PM EST
For the first time ever, the price of one Bitcoin has surpassed the price of one ounce of gold. While today’s swap can be attributed to a good day for Bitcoin (up ~3%) and a bad day for gold (down ~1.3%), the big picture is that Bitcoin has more than doubled in the last year (up ~185% from a year ago) while gold is essentially trading exactly at the price it was a year ago. Even… Read More