The last year has been big for cryptocurrencies, especially Bitcoin. As people become more familiar with cryptocurrencies, the technology behind them and the opportunity for potential gains, more and more people are buying in. According to CoinDesk’s quarterly report, there were nearly 250,000 BitCoin transactions in Q3 2017, up 10 percent from the same time in 2016.
Bitcoin prices have been extremely volatile, perhaps more than ever recently. In just the last few months, the price of Bitcoin has fluctuated from less than $6,000 in November to nearly $20,000 in December. Experts predict Bitcoin value could reach as high as $60,000 in 2018, but warn of a potential crash.
To illustrate this volatility, we looked at the price of Bitcoin over the last three months, November through January, to show you 10 cars you could have bought for the price of one single Bitcoin.
Brionna is on a roller coaster that only goes up. You can follow her on twitter @BrionnaLewis.