What Happens in an Internet Minute in 2018? How is the country’s energy generated, and how bitcoin to gold it consumed? Commodities have kicked off the year as the top performing asset class.
There is a staggering amount of plastic debris swirling around our oceans. The legal cannabis industry is coming out of the dark. Interactive: Comparing Asian Powers to the U. Which state could be hit hardest by a trade war?
Chart: How Bitcoin Reached Parity With Gold Charting the fast and volatile rise of bitcoin The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Would you rather have one bitcoin, or a single ounce of gold? The answer used to be obvious. Even at the climax of the legendary 2013 rally, bitcoin was never able to reach unit-for-unit parity with gold. However, since an off-year in 2014, the enigmatic cryptocurrency has steadily climbed in price to take the title of the best-performing currency in both 2015 and 2016. After continuing its rally into 2017, the price of bitcoin has now passed this arbitrary, but psychologically important measure of parity with an ounce of gold.