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Bitcoin has become a wildly popular topic of discussion among Asian people in recent years. The rise and fall of Bitcoin prices have had the world talking, with some experts predicting that the cryptocurrency has the potential to disrupt traditional financial systems.
The graphic above shows the daily price of Bitcoin in 2013, as compared to the amount of media attention the currency was receiving at the time. As you can see, there is a clear correlation between hype and price – as more people talked about Bitcoin, its value increased.
While Bitcoin has been around for over a decade, it wasn't until recently that it gained mainstream attention in Asia. Many people in the region have started investing in the currency as a means of diversifying their financial portfolios, and some businesses have even begun accepting it as a form of payment.
Despite its growing popularity, however, Bitcoin remains a highly volatile investment. Experts caution that people should only invest what they can afford to lose, and that the currency is still very much in its experimental stage.
Only time will tell whether Bitcoin will truly disrupt the world of finance or simply become another flash in the pan. One thing is certain, though – as long as there is hype surrounding it, people will continue to invest, speculate, and talk about Bitcoin.
Bitcoin price in 2013
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