Bitcoin has hit a record freaking high above $3,600 Tuesday morning, more than tripling in value for the year, Segwit or BCH maybe!
That is nearly 3.5 X the price of gold which are insane numbers, Gold settled at $1,262.60 an ounce, up only 10 percent for 2017.
That being said, the gold market is worth just shy of trillions while bitcoin's market cap is only about $57 billion, making bitcoin worth over $100,000!
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It's insane. Where's the ceiling? My guess, we're in inning two of a baseball game.
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Bitcoin will hit $5000 in the end of year.
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BTC has a very good momentum these days, and a lot of people are jumping in it, including investment funds. This is great news, still crypto currencies remain a risky investment, as there's not a clear position of the world governments.
Therefore, expect anything!
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thanks for sharin @zaertul
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To the moon!!!
Source
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If you look at the logarithmic chart of Bitcoin's price you will see that we haven't even gotten close to the growth that we COULD experience if we were in fact in a serious bubble right now. I think we are still just getting started. Once we start jumping $300 in a single day then we will be headed for that correction...
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