Forbes: Crypto Community is Growing More Comfortable as Data Showcases Bitcoin's Maturity
  • Consumers are gaining more faith and positive opinions of the future of Bitcoin.
  • At the time of writing, Bitcoin was trading at $7,779.41.

Bitcoin has been around for ten years now, and it has gone through its share of ups and downs through the years. Presently, the token has been getting a lot of attention for the recent surges in price, presently trading at $7,779.41, as of 12:22pm PST, after losing 2.62% of its value in the last 24 hours.

The technology is still new as well, but that has not stopped multiple industries from adapting it to their own needs.

When Bitcoin first came into the financial market, it was worth next to nothing. In the time it has been around, it has reached over $19,000 in value for a single BTC, and now back down to its current price level.

The CME and CBOE exchanges brought forth Bitcoin futures in December 2017, which was the same month that Bitcoin reached its highest price. At that time, institutional investors and retail investors alike gravitated towards the assets.

In a new Forbes article, it looks like Bitcoin is reaching a positive level of maturity as an investment tool.

Bitcoin itself has been mentioned in multiple posts on various social networks, and the number of mentions is increasing, As the posts increase, the apprehension and fear amongst investors appears to be decreasing, showing posts with future-focused ideas on the asset. Formerly, most of these posts have been about Bitcoin’s past instead.

Since Bitcoin’s highest high at nearly $20,000, the token dropped about 85% of its value in last year’s market. However, as consumer confidence grows, the circumstances appear to be changing, moving into an upward trend in Bitcoin’s value.

Indexica, the company that performed the research for Forbes, showed that Bitcoin is being discussed with similar respect to that of regular shares and stocks. Furthermore, the mentions of the 2017 bull market are decreasing as well.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Coin Market Cap Price Change 24 Hour Volume
BTC $201.27B $11,319.9520 3.65% $8.98B
ETH $33.11B $310.4624 0.42% $3.01B
XRP $19.76B $0.4641 0.25% $629.35M
BCH $8.4B $470.6142 -0.05% $412.22M
LTC $8.28B $132.6910 -2.00% $1.12B
EOS $6.51B $7.0682 -1.45% $995.64M
BNB $5.16B $36.5195 -2.29% $206.93M
BSV $4.21B $235.9360 0.14% $167.07M
USDT $3.56B $0.9961 -0.14% $7.59B
TRX $2.57B $0.0385 -0.79% $333.68M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.