Newsflash: Bitcoin Price Climbs to New All-Time High Beyond $4,700

in cryptocurrency •  7 years ago  (edited)

Bitcoin price has hit a new all-time high, wading into uncharted territory as the value of the cryptocurrency breaks beyond $4,700.

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Bitcoin prices struck above $4,700 on several global exchanges on Thursday, building on from Wednesday’s record-high of $4,650 as trading escalates toward a flourishing finish of August. Yesterday’s high overtook the previous all-time high of $4,500(+), also set earlier this month.

Bitcoin prices on Coinbase struck a high of $,4711.3 according to data From BitcoinWisdom, while trading value at Bitstamp nears $4,700.

Bitcoin to Hit $10,000 before January 2108

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nice i still think etherium is going to be biggest long term

i've got most of my investment stucked on ether.

What about Ether has you so bullish over the others?

Why do you believe that?

I have heard it both ways so I am curious why you think ETH will outpace the others.

because eth is more than just currency it allows smart contracts and tokens and the ability for companies to rais capital by releasing shares on the platform where as btc is just a currency nothing else.

What if LTC and BTC both added the smart contract option which Lee talked about doing (at least for LTC)?

And other coins can have contracts in them...

Does this change your stance on ETH?

It is still going higher.

We will see $5000 where there might be a ton of stop losses for those shorting.

Before Jan 2108? That definitely sounds doable! :)

looking at the trend, it sure gonna get there

Heh, no I meant to point out the typo with humor, but looks like I failed. It should be 2018, not 2108. :)