The rate of Bitcoin (bit coin) finally exceeds the value of money

ByTyler Lowmiller

Bitcoin (bit coin) updated its highest ever value for the first time in three yearsIt was reported, The momentum did not know where to stay, finally the rate of bit coins exceeded the price of gold.

Bitcoin price tops gold price - Business Insider
http://www.businessinsider.com/bitcoin-price-tops-gold-price-2017-3

One bit coin is now worth more than one ounce of gold | TechCrunch
https://techcrunch.com/2017/03/02/one-bitcoin-is-now-worth-more-than-one-ounce-of-gold/

At 10:08 on Friday, March 3, 2017, the price per ounce (about 28.3 g) of gold is recorded at 14960.14 yen.


On the other hand, the bid price of 1 bit coin at the same time is 140, 8028 yen on average, and it is happening that the value of one bit coin which is the virtual currency exceeds the money of 1 ounce.


Although the price of bit coin varies depending on the currency to be converted, in the dollar market, 1 bit coin is $ 1241.30 (about 142,000 yen) at 0:20 on March 3, 2017 of Japan time (Friday) It seems that the bit coin is slightly higher, with an ounce of gold of $ 1241.25 (about 141,980 yen). The dollar rate of bit coins is about 10 hours$ 1265.05 (about 144,700 yen), And we continue to update the highest historical value ever.


You can see why the market price of Bitcoin continues to rise by reading the following article.

Bitcoin updated its historic highs for the first time in three years, what is the market where the market is continuing to rise? - GIGAZINE