Bitcoin Makes History, Reaches Gold Parity
For the first time in the history of humankind, a currency has reached and surpassed the value of the oldest money on earth, gold. At around 5 PM London time on the fourth of January 2017 one bitcoin stood at $1,197 (8,320 CNY) at Huobi and 8,320 CNY at OKCoin, two of the main and most liquid bitcoin exchanges, while gold stood at $1,166. Two of the Most Liquid Bitcoin Exchanges Surpassed Gold Parity and ATH at 5 PM GMT on the 4th of January 2017. Reaching gold parity is an historical milestone for the eight-year-old digital currency which has grabbed the world’s imagination since its....
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