the. Previous Close 164.79, open 164.45, bid 162.82 x 900, ask 177.50 x 900, day's Range 163.02 - 165.54 52 Week Range 153.90 - 197.08. Dollar, a growing acceptance of bitcoin as legal tender, and retail investors who simply don't want to miss the boat. Investor emotions sack bitcoin Last but not least, investor sentiment, which has been a crucial catalyst of bitcoin's growth, could also push this virtual currency downward. But 2017 has been a year like no other. Why bitcoin has been unstoppable in 2017. Since bitcoin's inception, individual investors have controlled its value. Right now, more than 150 organizations are currently testing a version of Ethereum's blockchain, which supports smart contracts. Image source: Getty Images.
When the year began, the aggregate market cap of all digital currencies combined equaled just.7 billion. Some investors view this growth in bitcoin's payment platform as a good reason to buy. If bitcoin's blockchain fails to differentiate itself and attract enterprises, bitcoin's price could suffer.
Margin mayhem derived from its CME listing. In no particular order, the following six risks could derail the most popular virtual currency in the world. Some pundits suggest it has a bright future in the financial-services industry. Many of bitcoin's wild price swings owe to retail investors' piling into or bailing out of bitcoin based on the latest news. Enter reversal and hit "Enter" or, auto Select, settings, done, edit Settings. At the top of the list is the potential of the blockchain technology that underlies most virtual currencies, including bitcoin. Gox just months later, it cited the theft of 850,000 bitcoin (worth.8 billion today) and cash. . It is also destroyed automatically for you when the symbol is changed. In a span of just five months, bitcoin has endured three bear-market-like crashes of 38, 40, and 29, respectively. . Dow Jones Industrial Average. A double-edged sword of regulation.