Hey guys! This is CoinGirl and welcome to another video about cryptocurrencies. I wasn’t planning on making a video today, but as I was browsing the web I found this article and I wanted to share it with you guys.
https://www.cnbc.com/2017/10/13/bitcoin-market-cap-bigger-than-goldman-sachs-and-morgan-stanley.html
Today was a monumental day for Bitcoin, because it’s market value is now larger than Goldman Sachs ($92.9 billion dollars) and Morgan Stanley ($89.1 billion dollars). Earlier today, Bitcoin’s market cap reached an historical $96.7 billion dollars, and it’s price reached another milestone at over $5800.
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Hi Again CoinGirl, by the way what's your real name ??
Actually It was very predicted especially since last two weeks that bitcoin gonna hit highest crossing 5k$...
Bitcoin is a dinosaur compared to many other coins. The proof of work model I don't really like because the carbon footprint from bitcoin mining is huge. They say that in 2020 the energy consumed by mining bitcoin will be the equivalent of Denmarks energy consumption. That's quite crazy !
After 25th October Bitcoin will go down specially after 1st of november we will see Red Candles :)... Keep in mind about two factors one is BTG & the hard forks (the reason people are buying Bitcoins only at maximum level at the moment) secondly, Genesis Mining's last Bitcoin contract that was on pre-sale will actually start on 31st October. Currently people are buying Bitcoin because of the BTG upcoming giant.... we have seen BitCoin-Cash (BCH) down almost 50% since last two months. in my opinion bitcoin cash will go up again after 1st of november to 600$ back.. The best time to get bitcoin cash is under 270$.. :). Let's see what will happen for the Best !
I'm not into BitConnect too much, but it's market Cap is very good at the moment catching the eyes of everyone else, but believe me whenever Bitcoin will get bearish trend BitConnect & other coins will face the same except few (managed by Exchanges & artificially making HYPE).
I hope you got my points on it. :) you're doing good work, keep it up ! UpVoted You ! :)
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Hi, many thanks for the detailed feedback. Yes, I agree with everything you said basically :)) I didn't know though about that huge energy consumption, that's crazy! Hopefully there will be a more eco friendly alternative soon.
Keep in touch!
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Hmmm.... Hey CoinGirl, I think above I predicted for the BCH bullish trend (28 days ago when It was 300$) about after 1st November it will hit 600$ and on the other posts 20 days back I was pretty sure for 1000$ Hit by BCH that I bought under 300$... and about the Bitcoin Red Candles now starts appearing ;) :P Follow me for my next predictions about NEO & Binance Coin
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nice article
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