BitCoin Shows Signs of Maturity

The BitCoin is beginning to gain some maturity, and this could be exactly the traction that investors and traders have been looking for. At the beginning of 2016, the conversion rate between the BitCoin and the U.S. dollar stood at roughly $435.70 USD/1 BTC. Today, the rate stands at $659.70 USD/1 BTC. That’s a huge increase in value for the BitCoin, but it’s not the best that’s been seen this calendar year. In fact, the BTC has been falling since mid-June and is currently standing at over $100 off its high point. Right now, it is regaining value, after dipping down below $600 in late June. Continue reading