Bitcoin and Ethereum Go PARABOLIC! Here’s Why Bitcoin Hit $2500

in #bitcoin7 years ago (edited)

Bitcoin has gone parabolic, taking along with it all cryptocurrencies, such as Ethereum. The price has skyrocketed passed $2500 and the market cap breach the $40 billion mark.

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Bitcoin has gone parabolic, taking along with it all cryptocurrencies, such as Ethereum. The price has skyrocketed passed $2500 and the market cap breach the $40 billion mark.

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To me it looks like something's going on behind the scenes. I can't say what, I can only guess that maybe the rigging of the equity markets come to a near end and therefore smart money is taken out of stocks, bonds and housing and transfered into cryptocurrencies and maybe soon also into PM. I heard a rumor that a big player may have some bad bets in the SLV-papers. Or maybe someone tries to smash the CC market by pumping its prices broadly only to smash it then again to let look BTC (ETH, LTC, XMR, etc.) as not trustworthy. Or maybe something in South Korea occurs because BTC is traded there over 4.000 bucks as Zerohedge reported earlier this day: http://www.zerohedge.com/news/2017-05-25/bitcoin-blows-throuigh-2500-2600-2700-overnight-south-korea-demand-soars
And to not forget: SegWit adoption!!! If you have any further thoughts on the Big Time Rising of BTC... - please, let us take part!

Great points here.

After joining you for several months on youtube because I appreciate your work a lot, I didn't want to show up in your comments with nothing in my hand and therefore I followed your steady advice: "Do your own research!"; because as we all know (or should know): the best investment you can make in life is to invest into your own education. Money can be lost but everything that you' ve learnt will stay with you forever!

I completely agree.

I have followed you on youtube for quite awhile and now here. Great work as always.

Thank you for joining me here. Some content will be the same but I will be posting more stuff on Steemit.

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