Bitcoin this day last year was valued at $8,246 (roughly 8 PM Eastern Orlando, FL Time UTC-4), a 1.15~ % drop compared to today where bitcoin is valued at $8,155 at the time of this writing. Bitcoin has had a lot of positive press even after a major sell of which was perceived as a dump by many members of the community. Eric Choe, a well known Cryptocurrency trader has suggested that the Price of Bitcoin could reach $22,000 by 2020.
As for bitcoin adoption, Bitcoin is now going to be accepted at Starbucks, Nordstrom, and Whole Foods as they expand usage throughout their stores. Facebook has also suggested that they are making plans to delve into the cryptocurrency scene with their own "Facebook coin", which is getting mixed opinions by community members, although most agree that if Facebook does proceed with this project then it would benefit Bitcoin, and other cryptocurrencies in the long run.
In interesting news on "Who Is Satoshi Nakamoto?", Craig Wright, a man claiming to be Satoshi Nakamoto (the creator Bitcoin and the Blockchain), was presumably exposed by an anonymous user who posted an image on social media claiming that Craig Wright lied about a wallet that had one of the first bitcoin transactions. This could have some ramifications to a lawsuit between Kleiman v. Wright, which is an inheritance dispute between the Kleiman family and Mr. Wright.
What are your thoughts about the most recent events?
