Translated material
Bitcoin cost rose above $ 11000
The rate of Bitcoin in the evening of November 29 exceeded $ 11 thousand. During the auction, the cost of cryptocurrency rose to $ 11342, according to Coindesk data .
Later, Bitcoin retreated to $ 11198. On the morning of November 29, the cost of virtual currency first rose above $ 10 thousand.
For comparison, in early November, Bitcoin traded $ 7 thousand. Since the beginning of the year, cryptocurrency has risen in price ten times.
Earlier on November 29, the co -founder of the Fundstrat Global Advisors Lee Lee told CNBC that the cost of bitcoin can easily reach $ 100 thousand (when exactly, he did not specify). In turn, the ex-manager of the Fortress Head Fund Michael Novograts said CNBC on November 27 that the Bitcoin exchange rate by the end of 2018 could be $ 40 thousand.
Some financiers believe that bitcoin is another “bubble” in the market. In particular, the head of JP Morgan Jamie Diamon called Bitcoin fraud, and the former broker Jordan Belfort, known as the Wall Street Wolf, believes that ICO (an analogue of IPO for cryptocurrencies) is the “largest scam in history” . The 2001 Nobel laureate of Joseph Stiglitz expressed the opinion that Bitcoin should be imposed outlawed, since he "does not carry a socially useful function."