Bitcoin has reach a new all high time price at 4327 USD in poloniex.

The market capitalization has passed from 12 bln to 13 bln, no in this article we will tell us to tell you that bitcoin is the best investment in the world of today :

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It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2040. This makes Bitcoin a deflationary currency whose value increases naturally with time . Advertisement : .

Bitcoin has nearly passed the market cap of PayPAL for the first time, the latest statistics from the industry confirm. Advertisement : In what Colu’s Udi Wertheimer called the “real Flippening,” Bitcoin’s market cap at press time was almost $68 bln, compared to PayPal’s $70 bln.

An analyst for investment bank Goldman Sachs said yesterday that the price of bitcoin could shoot as high as $4,800, comments that came amid new highs for the cryptocurrency.

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Business Insider reports that, in a client note distributed on Sunday, chief technician Sheba Jafari suggested that the price of bitcoin could shoot well past $4,000 given that it had neared a target of around $3,600 she late las month That same day, the price of bitcoin shot above $4,000 for the first time.

With that milestone hit, Jafari predicted, the price could climb to as much as $4,827. But she went on to caution that the market could correct, sending the price tumbling below $3,000.

the Bitcoin network offcially accepted a long-debated upgrade called segregated witness. The Bitcoin network limits the size of blocks on the Bitcoin blockchain, which in turn limits the number of transactions the network can process each hour. For the last year, the network has been bumping up against this limit, leading to congestion on the network and high transaction fees. Segregated witness aims to relax this bottleneck by moving part of each Bitcoin transaction outside the blockchain, allowing more transactions to be squeezed into each block.

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Another possible factor: earlier this month, the Bitcoin network forked, creating a spinof called Bitcoin Cash. Many people expected the schism to undermine confidence in Bitcoin, but that doesn’t seem to have happened. The spinoff went smoothly, and the mainstream Bitcoin network continued working as well as ever .

The fear of 3 world war between North Korea has push Investors to invest more in bitcoin to secure their funds .

war between North Korea Investors to invest more in to secure their funds Many of exchange service will suspend their service for Usa citizens , what has push more people to invest in Bitcoin in this country to sell it into the dark market so the demand has increase.

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The factors that has push bitcoin to reach new all time high at 3830 usd