Jonathan Miller of Bit Trade Australia speaks to FNN about bitcoin and what you need to know before investing in the volatile digital currency.
He explains what bitcoin is, how it works and its history.
Mr Miller tells FNN about the key drivers determining the value of bitcoin and makes the prediction that Bitcoin's value may push as high as $10,000 in the long term.
However, he warns that there are risks that should be considered before making any investment decisions and says bitcoin is likely to remain volatile in the short term.
