BITCOIN BONANZA

Bhargav Joshi, Staff Writer and Resident IT guy

Bhargav Joshi
Basics on Bitcoin

  The emerging value of Bitcoin has been skyrocketing for the past few weeks. Bitcoin is a cryptocurrency, which is an entirely digital form of money. It was made in 2009 by internet persona by the name of Satoshi Nakamoto. Bitcoin’s value of stock has had a massive increase in value due to original gains made over the past few years. This jump is attributed to the large amounts of media exposure that it has been getting. The stock is currently sitting at just above 16000 dollars at the current price. In 2014, the value of the stock highest value was around 700 dollars.  The price has increased by 22 times.  The share’s value cannot grow forever and when the stock falls, it will crash hard.