Monthly Archives: June 2014

Bitcoin Surges as Predicted

By Barry Elias

June 21, 2014

On April 11, 2014, I penned a piece for Newsmax suggesting a positive prognosis for bitcoin.

The previous day, the price of bitcoin closed at $360.84, according to Coindesk, a digital currency publication.

Within 5 days, the price rose nearly 50 percent.   On June 3, 2014, the price was $665.73, an 84 percent increase.

The current price of bitcoin is $588.52, a 63 percent gain in slightly more than two months.