Bitcoin's prices rocketed past $11,000 as thousands of newbies signed up for cryptocurrency wallets.
In a matter of 24 hours Bitcoin's price went from $11,000, plunged to $9,300, and then back up to around $10,000. Bitcoin has been raising eyebrows all around and many have signed up to be a part of it.
According to statistics from two major wallet providers, the influx in stock did nothing to prevent any newcomers to join.
Bitcoin has been making headlines and not all of it is good reviews, but for some it happens to be the way of life. I read an article where a parent payed off their child's tuition fees via Bitcoin. Certain dealerships will accept Bitcoin as well as some high end restaurants.
Is it really going to be as big as people say it's going to be ?
As new users flooded the into the markets, Coinbase's US based exchanges went down, alongside two other major exchanges, Bitstamp in Slovenia, and Gemini. According to Coinbase, the major traffic from newbies caused it's services to slow down which is what caused the decline in Bitcoin price.
Link to Bitcoin article from THE COINTELEGRAPH down below.
https://cointelegraph.com/news/20-bitcoin-price-drop-in-less-than-90-mins-just-another-day-for-bitcoin
Seems like very old news (in bitcoin trading terms)
The price had dropped to from 11k to 9k and back to 10k on the 29th at 16:45 PM EST. (we're dec 2nd.)
When you posted that it was also back to 11k
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Bitcoin. The mother of Crypto
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Was to be expected tough. Bit of a pullback after all the crazyness
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I like what you said: It's a way of life. The plunge was indeed a healthy correction. Please check my article about it as well. Thanks!
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Thinking bitcoin will be crossed 20,000$ in next one year. Most fastest growth coin in the world. And yes I learn more about bitcoin from your post. Thanks for your share
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SUBWAY ACCEPTS BITCOIN TOO!
Just a fun fyi bc it is not a high end restaurant . . .
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Funny.
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https://steemit.com/life/@aftersunday/us-in-case-of-war-northern-korea-will-be-destroyed
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really
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Bitcoin Heads to Wall Street Whether Regulators Are Ready or Not.
New high coming soon, best way to trade long #bitcoin with high leverage on BitMEX: https://www.bitmex.com/register/HJfZyC
Users who have signed up with my affiliate link will receive a 10% fee discount.
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Soon $15000.
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You can use Bitcoin to buy gift-cards for almost anywhere!! GYFT app
How to below:
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Please drop down to 5k for 5 minutes. I need to buy some more :(
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Although I'm holding Bitcoin and expect it to keep climbing, honestly, anyone who just bought it for $11000 is a sucker looking for a good deal on a smart fridge...
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Hahaha although it has gone up 1100% this year what is to stop it from doing another 1000% . Let's enjoy the ride
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Yes I am sure that Bitcoin will stay strong always and be more powerful in the future. Thank you for sharing the updates and have a nice weekend :)
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yes im Agreed
unanimous
accordant
consentient
consentaneous
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Bitcoin to the Moon...great..thank you
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Geez from nothing to 10k is the moon 🌙 now we're heading to another Galaxy
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Certainly it may hit 12
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Hi @joseph !
This post is totally informative and true. Thanks for this upload , is very helpful.
We need more people like you , to have something good yo read .
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I made a good money in this fluctuation. This kind of fluctuation in price always makes me money.
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darimana anda menemukan berita jatuhnya bitcoin..
sedangkan yang saya lihat sendiri malah naik perjamnya..
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I may buy some when the price falls below 1000. I know steemit is full of bitcoiners so i would really like to know what is percentage of transactions of people buying things and not just more bitcoins?
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I think people got tired waiting for bit coin to go down so they can buy. And finally they decided to jump in. However there are some who are still waiting. see below.👇 until those final group decide to stop waiting the price will keep rising.
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Is it a good idea to go all-in on Bitcoin?
https://steemit.com/bitcoin/@xsid/all-in-on-bitcoin-or-hedge-your-bets
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Up until now it definitely was a good idea as for the future who knows. I just say you better have a piece.
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Oooo eeee. We are still a while off from adoption. It's interesting how the flood gates have opened up. I do believe a lot of people are buying because of fomo, not because of the realisation that this block chain technology solves a real work problem and unshakles the chains of slavery that is the dollar. Thats my 2 satoshi and 2 sbd.
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bitcoin is globaly grade coin
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What is the secret to earn that kind of huge payments
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I wish I would have known about this before .seems like an investment well worth it .
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Hind sight is always 2020!
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Up is the best direction for Bitcoin! Hold, hold, hold!
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In my opinion bitcoin can be worth even 1 bln $, but it still has some problems and in case it will be worth some much it can be a problem to send transaction because of transaction fee, I hope that Lighting Network will be helpful in this case. However the most probably for me will be that another crypto will handle it for example ETH, DASH, LTC.
Time will show us.
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Dash is quietly moving up . Has gone up from 4.00 to 800.00 this year alone . I think it's time we start measuring the rise in price vs BTC then vs the USD
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I did not expect BTC to rise so soon after such a fall. I think "Futures" news is what keeping it strong.
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Good post! Visit our blog and see the latest news and the best tops :D Greetings
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trade bitcoin with https://www.binaryforextrader.com
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muzakirpb upvote, posting is perfect
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