• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Sensei Inu Logo Sensei Inu Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Bitcoin Repayment Plan Gets New Deadline From Mt. Gox Trustee
Bitcoin Price

Bitcoin Price Inches Towards $470, Will $500 be Next?

Nick Marinoff by Nick Marinoff
7 years ago
in Bitcoin, Bitcoin Price, Markets and Prices, News, News teaser, Trending
0

Bitcoin has done it again. Since the time of our last price watch piece, the bitcoin price has risen by a whopping $11, hitting a four-month high of about $468 at press time.

Also read: Bitcoin Price Moves Forward; $457 and Rising

Bitcoin Price Continues To Rise

If this isn’t reason enough for bitcoin haters to lose their fear and mistrust after 2015, then it’s plausible to think that there will always be doubters living freely among us. It’s true: you probably can’t convince everyone. After all, Bitcoin underwent quite a roller coaster ride last year, hitting a severe low point and remaining relatively still for quite a period.

But with each new price jump, we can likely expect bitcoin’s present crowd of believers to increase. Six months have passed since bitcoin began showing signs of life again in November, and things don’t seem to be slowing down. The main question now is, “Will Bitcoin soon reach $500?” The answer seems fairly certain, granted bitcoin does indeed continue on its current merry path.

bitcoin Price

Despite the fantastic rise, however, bitcoin enthusiasts seem to be split down the middle, not only in their beliefs, but about what should be done with bitcoin in the future. Where does digital currency stand? What can be done with it? How does digital currency meet mass potential without putting others at risk? There’s a lot of questions that many are still pondering, and the answers aren’t always black and white. So what does one do?

The first group of bitcoin lovers, known simply as Bitcoin Core, seem content with the way things are, and prefer thing stay the same for some time. Their primary goals involve keeping the block size as is and changing the way signatures are stored on the blockchain. The other group, trying to take bitcoin’s expansion in a different direction, would like to see the acceptance and adoption of an alternative blockchain. This new blockchain would be incompatible with the original, and would increase the block size to 2 MB. The group ultimately believes that such a move would give bitcoin a whole new set of users, and adoption would be at an all-time high.

Regardless of which route is taken, both methods present advantages that are sure to add to the value of bitcoin, and preserve its status as the world’s strongest and most volatile digital currency. As a result, one could say a rise to $500 and beyond would not be unlikely. The strength behind bitcoin has undoubtedly been proven, and the safety of the blockchain is earning more notice and respect every day. With all his in mind, we can expect bitcoin to not only reach another high in a short period but indeed, have a very severe impact on the growth that occurs in our ever-changing financial structure.

Do you believe the $500 mark will be hit soon? Post your thoughts below!


 

Images courtesy of Desktop-Wallpapers.net, Shutterstock.

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Nick Marinoff

Nick Marinoff

Related Posts

TikTok

TikTok Faces Challenge As Elon Musk Crypto Scams Multiply

2 days ago
Bitcoin

Bitcoin Dominance Returns Above 50% As Altcoins Encounter Resistance

2 days ago
Binance.US

Binance.US Hit Hard: Trading Activity Tanks 98% Amid SEC Squabble

2 days ago
Bitcoin

Get Ready For Bitcoin’s Next Surge: Analyst Believes ‘This Is The Beginning’

3 days ago
Bitcoin

Bitcoin Miners Lead In Clean Energy Adoption, Surpassing 50%

6 days ago
Bitcoin

Bitcoin Critique: ‘Black Swan’ Author Courts Controversy With Provocative Take

6 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit

Press Releases

  • VeChain (VET), Avalanche (AVAX), Polkadot (DOT) Enter...

    47 mins ago
  • Litecoin (LTC), Bitcoin (BTC), and Chainlink (LINK)...

    52 mins ago
  • Is Bitcoin still a good choice for investing? – New...

    56 mins ago
  • From DogeCoin (DOGE) Resilience to Samoyedcoin (SAMO)...

    13 hours ago
  • The Big Three: Borroe.Finance, BNB & XRP Creating...

    14 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.