The exchange CoinDesk.com has announced it will raise the price of bitcoin by 50%.
The announcement was made by co-founder of the company Peter Todd, who is also CEO of Coinbase, the world’s biggest bitcoin exchange.
The announcement comes in response to a survey of bitcoin users from CoinDesk that found that many would be willing to pay more if the exchange raised the price to $3,200.
“We see a lot of users who are looking for more value for their bitcoin.
We are hoping to see this happen, but with our small team, we are also in a bit of a holding pattern,” said Todd.”
If we were to increase the price, we’d have to find more people to take our position.”
According to Todd, a $3.50 price for bitcoin is not a lot to ask of a product that’s used as a store of value, and it’s also a lot cheaper than $6.00 for a bitcoin-denominated digital currency.
The move to raise the bitcoin price follows a recent move by other cryptocurrency exchanges to increase their prices.
In September, Bithumb announced that it would raise its bitcoin price by 10% and increase the maximum amount of bitcoins it accepts by 100,000 per day.
Last week, Bitstamp announced it was raising its prices by 5%, making it the first bitcoin exchange to do so.