Bitcoin Trading Over $6500 - And It's Only Wednesday

in bitcoin •  7 years ago 

In an impressive rally, Bitcoin climbed over $6500 today. An all time high, if I'm not wrong.


Screen Shot 2017-11-01 at 12.32.28 PM.png


As expected, the vast majority of the Alts are in red, with the following exceptions:

  • Bitcoin Cash
  • BitConnect
  • Bytecoin
    (I suspect this is just confusion between Bitcoin and "other Bitcoin" flavors coming from less experienced investors)
  • EOS
  • Bitshares
  • Golem
  • Ardor

Quite happy to see Bitshares and EOS rallying, for a long time they were lingering way below (my perception of) their real value.

And it's just Wednesday.


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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Please check my recent comment on an old post of yours. I don't wanna post it again, you will know why when you read it. I am still getting the same thing from jse server.

RIP Omise Go :(

What goes up must come down :)

I completely agree about bitshares. Most alts are only loosing from the btc standpoint. From the fiat perspective, at least in USD, most are holding their value.

Google translator.
It flies us nicely ;-). Thanks for your review.

Timely report @dragosroua it's an exciting space at the moment. Keep up the great work!

It looks like Bitcoin may test the $7000 level and BitConnect has been mooning like crazy. Thanks for the break-down @dragosroua

hey @dragosroua ,,,,good analysis in bitcoin

Nice

look at that market cap :O

...und es ist noch nicht das Ende...

BITSHARES and EOS deserve a better price and they are right know demonstrating this fact.
To the Moon!!!

BTS is a little ahead of itself in terms. The world isnt quite ready for what they are going to do..

Be patient and add while the prices are still down....it will be a great long term play.

Fully agree

That is because everyone is selling off their altcoins to get more bitcoins, so that they can get as many free SegWit2x version of bitcoins as possible. However, once the hard fork is done, I'm quite sure the altcoins like Ethereum will again increase in value.

It also made an impact that CME is going to start offering futures contracts on BTC. Having such a big securities player like that back an alt coin makes day-to-day traders take another serious look at it.