Bitcoin hit record high, did you know? Read This, Bruh!

The value of the bitcoin virtual currency broke the record high, ie 14,000 US dollars on Thursday (7/12/2017). The value of bitcoin rose 2,000 US dollars in less than 24 hours.

Quoting the BBC, the currency cryptocurrency at the beginning of this year its value at still below 1,000 US dollars or about Rp 13.5 million. However, then the bitcoin value continues to increase even up to 1,000 percent despite warning of the risk of "bubble."

Bitcoin, according to the Coin Desk website, started today's trading session with the highest gain.

The latest record comes days before the launch of a bitcoin futures exchange by two virtual currency trading centers, including the largest, CME.

There are two things that are seen as excess bitcoin so that the value continues to rise. First, bitcoin is digital and secondly, bitcoin is seen as an alternative currency.

Unlike banknotes or metals, the circulation of bitcoin extends online. In addition, bitcoin is also not published by the government or central bank.

Some global companies, such as Microsoft and Expedia, have received bitcoins. The virtual currency works like a virtual token.

However, the majority of users currently sell and buy bitcoin as a financial investment instrument. Reinforcement of the bitcoin that occurs spectacularly reap criticism and warning of the occurrence of bubble like the dot com period.