Korean demand is still pumping Bitcoin to unseen heights: median price is $12,585, but on Bithumb it already trades $2000 above this price, at $14,546.
Hard to tell what drives the price up, but the fact is we're seeing a very rapid advancement of the entire crypto currencies ecosystem. Total market cap is over $370 billions. Just 9 days ago it was at $300 billions.
Bitcoin dominance is at 56,8%, which means is still the most trusted investment vehicle in the whole pool.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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We have to see a money transfer soon from BTC to altcoins, this is really a very sweet moment and the best of all is that there is not even a sign of exhaustion...unbelievable
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I'm sooo looking forward to that Bitcoin to Alts moment :)
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@dragosroua I love it and yes there will be pullbacks in price, but pullbacks just give you a chance to add to your position.
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At these numbers it gets way too risky for my appetite. Will stick to alts for now :)
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Here just a couple of hours later, BTC is at $12,599.10 on GDAX! I'm loving it. Also Monero is at $262.07. I bought that one at $86 just 5 or 6 weeks ago!
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It's still surreal watching it go higher and higher.
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"Surreal" is a very appropriate word in this context :)
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50.... $50,000 will bitcoin reach that price? I am not talking about this year or next year. I am talking about the highest price bitcoin can reach. do you think bitcoin can gi that high?
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I have no idea, but John McAffee thinks it could get to $1,000,000. Otherwise, he's ready to eat his dick on national television.
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hahaha it will be a win win situation then lol 😅😅
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The pumping is getting so out of hand that I don't even know what to think anymore. Completely uncharted territory now.
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Yes, fascinating :)
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It sure is! The wild west of currency and we get to be on hand to tame it!
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boom finally officially now moving towards $13000
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I just wanna switch to steem from bitcoin now, what do you think is this a wise decision?
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