Boom! Once again bitcoin is on its highest peak. After a pretty boring 2015, it has reached new price heights at the end of the year: north of the $400 mark for the second time since 2014. This time, it has surpassed a prior boomlet, reaching price points not seen since late summer, last year.
Though the year 2015 seemed like a low for the company, people can still depend on it. Also, the current price of bitcoin must be edifying to its faithful. For the second time, it is enjoying its high, a second punch. The higher the price of the company reaches, the more media attention it can afford.
There seems to have a retread of the discussion of what is fad, what is fact and what is future, through the recent discussion of bitcoin and blockchain. It’s fad to argue blockchain over bitcoin, it’s fact to say that bitcoin matters as a financial incentive to keep the blockchain operative, and it is future-facing to watch the company itself grow despite media handwringing.
New price heights have come as a blessing for the company and it is getting more and more media attention. It brings larger Blockchain discussion. Both bitcoin and Blockchain will perhaps remain interdependent for a long time as they are conjoined. Bitcoin is currently confounding both its true believers and its core detractors.
The company shareholders have taken a relief as the last few weeks have been good for them. Whether new local maxima on the price side or rising transaction volume – the company is experiencing the best time ever.