Bitcoin has officially hit an all time high of $10,000. As some investors expected a sell off it seems that bitcoin is gaining more traction. The last price on Coinbase showed bitcoin trading at $10,700, as China and other parts of the world are currently waking up and looking at the news of bitcoin, we may see huge buy orders come in which would send the price of bitcoin over $11,000. Bitcoin has never gone up this aggressively in a day breaking an all time high and then 24 hours later going a thousand or more dollars higher! This is very exciting stuff, and bitcoin still has a lot of room to run with only 1% of the world's population who know/invest in bitcoin we still have a long way up. In my opinion we may see some of these experts price predictions of $25,000-$40,000 a coin happen a lot sooner than expected in 2018.
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You are right. It hit $11,000.00 already
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Bitcoins are, indeed, enjoying a nice run. For many, people are hurting for not getting in early. I do believe that some of these ICOs/altcoins have the potential to be Bitcoins of the future and are worth keeping an eye on. I just wonder about this net neutrality and whether regulators will continue to grapple with seeing ICOs and coins themselves as securities.
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