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As a bet on the future. Known variously as a crypto-currency or cyber-currency, Bitcoin is a privately produced monetary asset.

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Bitcoins most fervent supporters see it as a liberating force that will break the power of central banks and empower the individual. In addition, it's the only form of money users can theoretically "mine" themselves, if they (and their computers) have the ability.

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The current market capitalization of bitcoin stands at an all-time high of 109 billion. It's organized through a network known as a blockchain, which is basically an online ledger that keeps a secure record of each transaction and bitcoin price all in one place. By early 2017, each bitcoin was worth more than an ounce of gold.

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This may have been a sweet moment for Bitcoins founders (whoever they are) given that the currency was now more valuable than its venerable alternative as a non-state, non-inflationary asset, gold, which was trading at more 1,200 an ounce. Satoshi Nakamoto, bitcoin's enigmatic founder, arrived at that number by assuming people would discover, or "mine a set number of blocks of transactions daily. As at January 2016, bitcoin was traded.

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You can buy Bitcoin online, or in some jurisdictions from special kiosks resembling auto-teller machines. It could go to a 1,000,000 or it could go. Considering the continuous rise of bitcoin in the market capitalization, it is one investment every investor needs to take advantage. Supporters of the newly formed bitcoin cash believe the currency will "breath new life into" the nearly 10-year-old bitcoin by addressing some of the issues facing bitcoin of late, such as slow transaction speeds. For traders, the volatility of Bitcoin against the dollar opens up opportunities for profitable trading for those with strong nerves.

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Bitcoin mining saps energy, costly, uses more power and also the reward delays. There is no Bitcoin central bank. Why not drop in on some of eToros Bitcoin traders and find out what they think?

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Issue of the currency is capped at 21 million units. Furthermore, its finite supply coupled with increasing acceptability as a means of payment suggests its value will rise over time. Only risk capital you're prepared to lose.