in return for cash. Like cnbc Make It on Facebook! As of Thursday, bitcoin's value was just above 16,500, according to CoinDesk. By then, the cup of coffee you're trying to purchase is stone cold. The problem, however, is that Bitcoin and other digital currencies are still not widely accepted as a medium of exchange. I have no idea what its intrinsic value. That argument didn't turn out so well.
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And if you are still bullish on Bitcoin, here are 5 ways to invest in virtual order manage binary option the digital currency. Bitcoin fanatics will take issue with all of the above. The above chart shows CoinDesk's Bitcoin Price Index for Dec. ET on Friday, December 1, 2017. It reminds me of the argument people made to justify the meteoric rise in real estate values ten years ago.