Bitcoin is knocking on the $6,000 door againsteemCreated with Sketch.

in cryptocurrency •  7 years ago 

The Bitcoin price jumps to $5,988 today, up over $500 in just 24 hours!

Welcome to my Cryptocurrencies Markets Overview for Thursday, October 26, 2017.

24 Hour Change

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin 4 hour chart

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - October 26, 2017

Why Bitcoin Matters More Than Blockchain

Bitcoin is going to do to banks what email did the post office and Amazon did to retail. Understandably those at the center of the financial system are concerned.
Read more: forbes.com

Bitcoin Price Continues Its March to $6,000 and Beyond

The tide is turning as far as the Bitcoin price is concerned. After a few days of sideways and slightly bearish trading action, things are finally looking up once again. Thanks to a 5.53% gain over the past 24 hours, the Bitcoin price is well above US$5,800 again. Reaching that US$6,000 target or potentially surpassing it will not be easy, but it looks very plausible right now.
Read more: themerkle.com

More sources about Bitcoin's price:

Ukraine May Adopt Blockchain at the National Level

Ukraine may introduce blockchain at the national level by law. In this regard, the European Bank for Reconstruction and Development (EBRD) had a meeting with a group of experts. The bill should be ready within two months.
Read more: cryptovest.com

People are 'underestimating' the 'great potential' of bitcoin, billionaire Peter Thiel says

People are "underestimating" bitcoin and it has "great potential left," billionaire investor Peter Thiel said on Thursday. Speaking at the Future Investment Initiative in Riyadh, Saudi Arabia, Thiel compared the cryptocurrency bitcoin to gold.
Read more: cnbc.com

Hong Kong Bitcoin Meetup Denounces SegWit2x as ‘Reckless Endeavor’

The Hong Kong Bitcoin Meetup has issued one of the industry’s most strongly-worded statements opposing the SegWit2x hard fork. The meetup, which includes local Bitcoin community members and the Bitcoin Association of Hong Kong, described 2x as a “reckless endeavor” that “will cause disruption and harm.”
Read more: cointelegraph.com

Singapore Central Bank Chief: No Regulation for Cryptocurrencies

The chief of Singapore's central bank has indicated it will not regulate cryptocurrencies, but plans to stay watchful on the risks posed by the technology.
Read more: coindesk.com

Jamie Dimon, CEO of JPMorgan Gets Publicly Humiliated In A Bitcoin Debate

This man wants to publicly debate Jamie Dimon.

AMD Cryptocurrency Chipmaker Forecasts Decline In Cryptocurrency Mining

The share price of Advanced Micro Devices Inc. plummeted 11% this week on news of declining cryptocurrency mining-related sales.
Read more: cryptovest.com

What's the Price of Bitcoin Gold? Crypto Traders Still Aren't Sure

From $0 to $2,900 – and seemingly everywhere in between. Bitcoin gold, a new fork of the bitcoin software, may not have been officially launched (or distributed to users), but that isn't stopping the cryptocurrency markets from seeking to determine its potential value (or profiting from its eventual existence).
Read more: coindesk.com

The Benefits and Risks of Initial Coin Offerings

Since January of this year, startups throughout the world have managed to raise over US$1.8 billion through Initial Coin Offerings (ICOs). ICOs, also referred to as token sales, are crowdfunding campaigns whereby companies sell digital tokens in order to obtain capital which will purportedly be used to fund business operations, software development, further investment and other initiatives as the company sees fit.
Read more: themerkle.com

Bitcoin’s Upcoming SegWit2x Hard Fork, Put in Layman’s Terms

You may have noticed the increase in Segwit2x news, opinion, posts, rants, and memes circulating throughout various media sources. You may have seen some of this media and been completely lost, as if you were reading a different language.
Read more: cointelegraph.com

Hackers Make off With $15,000 Worth of Ether from MyEtherWallet Users

Hackers stole $15,000 from unwary users of MyEtherWallet within two hours during a phishing attack.
Read more: cryptovest.com

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It is possible to work out the future price using the methodology described here:
https://steemit.com/bitcoin/@swissclive/bitcoin-s-supply-and-demand-over-the-next-12-months-based-on-current-months-figures

I wish thatbitcoin going up to the 10k at the end of this year

no problem just hang on buy more on the way up...and relax!

It appears we are headed to $8800. I just wonder if we'll have a hard dip before than. Thoughts?

It's the Amazon rumors, right?

We see it in 6 h!

We'll help all friends. So that everyone is strong......

https://steemit.com/@khurshid

Nice visuals, keep up the good work.
It's a bit amazing how high bitcoin cash is so big and voluminous at this point; and we've got two MORE forks with which to deal in the next month.

Ah soooo close bit of a sell off now back to $5,918 its going to be close I honestly thought yesterday we where going to drop below $5,400 but that did not happen so the upward support is still massive and bitcoin gold was but a blip on the radar if that!

nice post

I keep watching this, and I can't help but think that all the Bitcoin forks are part of what's causing the alt coins to lag behind... everybody's putting their money in Bitcoin, so they can "double down," but that also means outflows from the alt coins.

Seems to be sticking right before 6k

@penguinpablo charts are the best ! looking a lot different from the solid green kermit frog lines of a few months ago ! volatile.... I'm sure the losses on alts is due to the fork mania..good time to pick up some cheapos

How did BTC grow so much in volume today?

That's great post @penguinpablo

  ·  7 years ago Reveal Comment