Bitcoin for the first time in history hits three thousand two hundred dollars per coin which is absolutely crazy
Hey everybody welcome back for another news I hope you're all doing well and having a great day so a couple hours
minutes ago Bitcoin for the first time in history hits three thousand two hundred dollars per coin which is absolutely crazy especially if you got into this many years ago and you saw how low the price was I personally not that I didn't think it would hit this high but to see it actually continuously going up is something that is kind of crazy for me so it rose by around 11
percent in a 24 hour period which is great because like I said before if you've been into this for a while there was periods where you know Bitcoin would go up around 30 percent and fall down by 40 percent and go up 24 percent and it was down another 30 so it was every day was a was a huge struggle trying to figure out if this is what you wanted to do with your life so during the same exact time you might have guessed it.
Bitcoin cash has fallen by another 20% and it's currently sitting around 224 dollars a coin you guys should expect tons of price volatility with Bitcoin cash and it seems like at this ,point I just continuously going down I think a lot of V August first hype has
completely stopped we know that Seaway is a thing now and then Bitcoin cash you know is kind of the it's not that it's
being swept under the rug but I think a lot of the fear of what it could be or what it could have been has relatively
sub subsided in a way so it's kind of nice to you know whatever just kind of move on with life and see how things are going and because of that a lot of this network fear and market fear has completely slowed down or its newts being spoken about as much terrarium is up 8% which is nice especially if you got into.
I AM around January when I think it was $8 a coin so you are probably smiling right now ripple and bitcoin are both up 5% as well which is always great because I am very bullish on both of these coins all the original coins as long as they have a good team working with them as long as I look at the stuff that they do online and what's coming up with them like these are the coins that I believe in so these are the ones that I normally stick with and the ones that I tell you guys about I think they have the greatest chance of making you guys money so in 2017 already you've got you guys have heard me say the word ICO probably about 15,000 times and there's a new thing that came out that said I cos this year so we are August of 2017 have already hit more than 1.6 billion dollars in funding that is billion with a B and the year is barely halfway done so in just July
alone.
I made around 500 million dollars rather people who sent these people 500 million dollars for the icons that were happening and this is a six hundred percent increase or growth from the year before which is absolutely ridiculous I think a lot of the hype and all the price things that happened were because of the things that were built on the ice eels that were coming from the Ethernet platform which now that they took everybody by surprise but nobody thought it would kind of get this crazy especially to where we are now and this is also in comparison to IPOs that is initial price offering that happens with the stock
market like there was one recently for what is it called like snap face face face snap snap chat there we go that one that was they there was a huge IPO like all these things have I peel is it kind of similar to icos and this is what the traditional markets do and this year they have made around 22 billion so you know we are maybe you know 10% of what they are but you have to keep in mind krypton are only eight years old the traditional markets that we know now you know the the normal stock market not what happened 300 years ago is around 100 years old so we're literally around 1/10 the age of it and we're getting one tenth of what their IPOs get which is
Bitcoin had completely almost slammed down because there was a blog post of someone saying that Bitcoin was going to
be banned in China and Russia and everyone was like oh my gosh well the hash power comes from and then the end that I'm not happening and now we're at this point where these governments are like yeah it's not that bad so the fact that they are now saying do not be afraid of them is kind of I think the next step to saying you know maybe we should start buying them ourselves publicly and if anything these Bitcoin especially a lot of people have been saying that they don't consider Bitcoin
as viable to do things simply because of the slow transactions fees but they are using it as they store a value and it
seems to be working if you bought Bitcoin a couple years ago even bought it in what was a January or even somewhere last year you have made 10 times what you put into it and I'm you're sitting pretty right now yeah interesting times ahead guys um I hope you all have a great day hope you're all enjoying whatever you might be and yeah enjoy your weekend and I'll talk to you next post.
Source https://www.google.co.in/search
$3200 for a fiat crypto-currency, can you say "GIGANTIC BUBBLE"? Hope yall are selling and not buying at this point, cause the correction is going to be a whopper!!!!
upvoted
As always I upvote/follow and resteem those that do the same for me. Just don't spam my feed or will unfollow/mute
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by blueheaven from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.