For background, AMC beforehand introduced it would be supporting payments from Bitcoin, Ethereum, Bitcoin Cash, and Litecoin by the tip of 2021. In accordance with CoinMarketCap, these are 1st, 2nd, 18th, and 19th largest cryptocurrencies by market capitalization. Today, its market capitalization is lower than 1% of Bitcoin's. If it does, that is one potential catalyst for Bitcoin's price. Meanwhile, Bloomberg reports as we speak that PayPal co-founder Peter Thiel is regretting not shopping for extra cryptocurrency himself when the value was lower. Unfortunately, there's a whole lot of issues that investors cannot ensure of in the present day. But usually, if demand for Bitcoin continues to grow, the worth could increase in future days and months, as it's doing today. The Economist describes bitcoin as "a techno-anarchist project to create a web-based version of money, a manner for folks to transact with out the opportunity of interference from malicious governments or banks". If the mission fails, the money isn't returned, which makes investing a high threat - it may all be misplaced. It's an excellent reminder that there are loads of shifting elements in relation to cryptocurrencies like Bitcoin, which is why it's wholesome to try to see things from each sides before making selections like investing or selling.