As you probably know, the price of BTC hasn’t exactly been breaking 1K recently. In fact, as of right now, the sell price at coinbase is just below $500, at $494. Why? Well, for a variety of reasons. Probably mainly because a person is trying to mine 10% of all Bitcoins, and the IRS recently named Bitcoin as a property, not a currency. It certainly is surprising a lot of people, especially when the price was expected to be at around $2000 by mid-2014.
Regardless, this goal is still feasible. Hopefully, however, the price will go up soon.
Meanwhile, what does all of this mean? Well, it certainly is a good time to go invest in some! Head over to coinbase to get the best deal.