This morning I woke up and wrote a post about bitcoin hitting $2700 and in less than 4 hours it has managed to climb another $100.
I'm not at the point where I would say "I've seen it all" yet, but I'm getting there and wouldn't be surprised if we saw $3000 bitcoin before the end of Friday.
I'll just be here sitting on the edge of my seat, biting my nails!
VeganSilverStack
Though bitcoin's history people have been saying it will never go higher, never worth anything. Look at where it is now. Japan has legalized it as a currency, the rest of the world is considering whether or not to do the same. On top of that people are buying in like never before. I'm not sure there is going to be a correction anytime soon. I wish there would be because my alt coins are screaming double digit stagnation. Gold is the closest thing we can compare it with, but gold has been used as a currency for thousands of years. Bitcoin has around for only 8 years and it's going global which has never been done/seen before. How high this run goes is anyone's guess.
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@vegansilverstack
Makes me wonder if we will see a correction? I think this rally is great but I just hope it is sustainable!
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I'm guessing we will! But when????? I like it's great though because it's breaking into the mainstream!
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That's a good question! Anybody's guess at this point. You're right about that....It is definitely breaking the mainstream! :)
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Like a loaf of bread in the oven, Bitcoin just keeps rising. Thanks VeganSilver!
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Nice analogy!
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We have no reference point. Nothing like this has ever happened before. My guess is a correction. But when and at what price? Your guess is as good as mine.
In the mean time a lot of Altcoins drop in price relative to Bitcoins, so I am stacking up some of them.
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Interesting.
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