Updated: Bitcoin is current value is $16,665 at 11:45am 12/7/2017. Bitcoin is on fire in past couple of weeks and continue to rise and test new heights.
Bitcoin and cryptocurrencies are on the rise and continue to rise this year. Currently, the value of a bitcoin is over $14,500 that is 100% up from last month value.
As of now, according to the Coinmarketcap, the price of bitcoin has reached $14,492 per coin, that is up from $800 per coin within the past 12 months with the market cap more than $242 billion.
Besides bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Litecoin, and NEO are other major cryptocurrencies in the market.
Bitcoin is a digital currency also known as cryptocurrency build on top of the blockchain technology. Yes, bitcoin is nothing that you can print, touch, feel, or store in your safe or wallet. Bitcoin is virtual. Bitcoin is nothing but some numbers that are stored on a bunch of computers around the world.
What the hell is blockchain? Blockchain is a way to create, store, and manage digital transactions that are public, secure, and distributed. You can learn more about blockchain here: What is Blockchain.