MOONSHOT!! Bitcoin in Canada SMASHES past the $4300 mark! | $3300 USD! | Perspective and Optimism in this Post as always. | 8-5-2017

in #bitcoin7 years ago (edited)

Low: $4156 CAD

High: $4300 CAD

You cannot regulate Liberty!

8:56 pm EST



Bitcoin like many Crypto's recover and bounce back now the last few months, quicker than ever -- as we see again this past few days. These pull backs and dips and corrections are NOT crashes I say all the time.

A correction was due, and that is what we have muddled thru the last 30 days for the most part.

-- Perspective.


#Bitcoin in #Canada $4300 high $CAD today - 8-4 +5th - 2017 #BarryDutton @BarryDutton #Crypto #Liberty #CryptoCurrency #BitcoinETF #Finance.jpg


I am still the only person here posting regular Canadian $BTC updates. I try to keep people apprised. I know Canada doesn't attract a lot of votes or attention etc -- but it remains a global market and a canary in the mineshaft so to speak as to what's going on in the global currency markets.

The last time we were around this mark, as you see was about 2 months ago, when I made this post about BTC flirting with the $4k $CAD mark:

https://steemit.com/bitcoin/@barrydutton/bitcoin-flirts-with-usd4000-usdcad-usd3k-usd-mark-all-week-or-btc-usd-usd2850-high-keep-calm-and-hodl-bitcoin


We have had another fun ride in the markets, we see these ups and downs and nutty things as the price is trying to find itself day to day, and that likely has a lot to do with all the NEW PEOPLE AND MONEY coming into the space and like people trying to find their way, so the price is doing the same.

I've said this before many times, -- dips / corrections are not crashes - remain calm but do your research. Use your charts.


The recent Bitcoin Cash / fork split on the now infamous Aug. 1st of this last week caused the Crypto Market Cap to finally get back over the $100B mark for the first time in WEEKS --- and we are hoping we are over the correction hump for some sustained green and growth.

Perspective. Remain Balanced.



Here's the $USD 1 month chart below, on the Poloniex exchange. Gains bro! New ATH - All Time High in the last several hours as you can see of the 3333 $USD.

Broke the $3300 mark for the first time ever just the last day for that new ATH!! In the last few hours it is still hanging around the $3250 mark right now.

-- We will be OK people.




Look at this last 22 hours!!!!

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More Perspective: The Recent All Time Highs as Covered Previously:

My past posts / quotes / charts etc. in our last Moonshot phase weeks ago:


BTC just crossed the $3000 mark $CAD on May 22nd, 2017- for the first time ever.... see below for the days just gone by where it crossed the $2000 mark on May 2nd -- just 20+ days ago.

$2k on May 2nd. $3k on May 22nd just 20 days later... that is amazing. Let us remain cautious. Huge gains like this anywhere in life usually mean a correction/pullback or crash may be not far off. Be prepared but have fun and enjoy the ride we are on too.

Balance. Perspective.

We have had huge gains the last few months and are in good - great actually -- shape!


I have included the posts in May in this template for awhile now to remind or show new readers the perspective we need to remember. A REFERENCE POINT if you will!

BTC price has skyrocketed in a very short period of time, so when it does not go up $100/day every day, we need to remember where we came from not long ago!

--

I recently wrote this article using charts and 5 years of history to really nail the perspective issue here of gains and losses showing the last 5 Junes on record, in the Crypto market, it is a very good, short read with charts year over year.

https://steemit.com/bitcoin/@barrydutton/crypto-market-update-market-cap-smashes-past-the-usd90b-mark-that-s-b-as-in-billion-historical-overview-w-charts-of-the-last-4


It's almost ridiculous now watching this stuff shoot straight. to. the. moooon. Every day, all day!

Trend: Generally, the spread between the lows and the highs seems to be narrowing which means the highs stay high but the LOWS are also higher, so the resistance lines and larger price corrections are leaving, presumably stabilizing the currency and supporting the price and increases.

--

Here is the chart showing it crossing the $3k $CAD mark on 5/22/2017 somewhere around the 8 am mark EST:


I often insert Canadian culture satire in my titles or blogs just to give people a laugh. Such statements are meant for humour only and may not actually be true. Canadians have great igloos and senses of humour. Eh??

Courtesy Pixabay where images are Freeeeeeeee to use!!!

If you missed the record breaking days leading up to and after May 2nd, here are the charts/info from my post on the day that BTC/XBT broke the $2k barrier here in the police state of Canadastan:


I posted on this yesterday it has been kind of funny. $BTC / $XBT in Canadastan here has spent most of the last 2.5 days edging and creeping towards $2000 $CAD as we know. $1980...... $1990.....$1995 last nite.....

*It spent allll day and nite yesterday around ~$1999.50 basically before breaking that $2k barrier around ~ 11:15 pm last night. !!!


BUCKLE UP CRYPTO FAMILY!!!!



Did we just see the last day of BTC / XBT in Canada at $CAD starting with a 1?????



Bitcoin just marches on. Vive Liberty!! It seems to have found support & consolidated around this mark for a few days now, that is good news!



Thanks for reading, have a nice day.








If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/bitcoin/@barrydutton/bitcoin-is-full-on-mooning-it-s-been-climbing-all-nite-all-time-high-range-nearly-usd4k-in-canada-way-over-usd3k-usd-right-now

https://steemit.com/bitcoin/@barrydutton/live-in-30-mins-ben-from-btc-sessions-will-be-live-here-at-this-link-about-10-pm-est

https://steemit.com/steemitcampfire/@barrydutton/steemit-weekend-camp-fire-series-weekend-14-we-are-steemit-family-come-visit-around-the-fire-with-your-family-every-weekend

https://steemit.com/life/@barrydutton/does-this-scene-with-me-look-like-this-was-in-the-billy-madison-movie-with-adam-sandler-it-s-because-it-was-i-live-4-blocks-away

https://steemit.com/cryptocurrency/@barrydutton/the-new-york-times-has-a-huge-article-out-on-crypto-currency-grandpa-had-a-pension-this-generation-has-cryptocurrency

https://steemit.com/steemit/@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-9-or-that-s-right-think-on-that-a-new-series-for-outreach-and-to-give-fb-the-business

https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-42-or-a-community-based-engagement-resource-for-everyone-aug-4th-2017-basic-crypto

Images most days unless noted or obviously mine / stated otherwise: Gif's - via Giphy.com , Funny or Die.com / Pixabay.

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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.

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Things are definitely heading in the right direction these days... some of the uncertainty seems to have lifted; now I just hope the alt coins pull along, as well.

  • perspective man - it will save you every time.

Very happy

NEO is the hero of the day :-)

Ride it to the moon or to mars? ;)

I will meet Elon Musk on one of those places we are all heading to.

Stoked about that.

You have concluded a great analysis @barrydutton

Thanks for the input as always JOL!!!

(:

Oh Canada.. wonder when the regulation will begin once they salivate over taxing crypto!

I'm wondering what to do if you haven't put any money into crypto (such as steem). There is no money trail as no banking institution can verify it.

Not sure how it works for crypto currency that was earned like Steem, the tricky part is when it comes to withdrawals to fiat, if it exceeds a specific amount the bank will report it to CRA and they will ask questions

These are the questions and answers the gubment fears.

People wonder why the informed are calling it #Canadastan and the #PoliceState

The government fks up everything they touch and have to have their greedy paws, like any gubment in everything anyone makes, to prop up the gold plated public "service" paychecks of every civil servant.

I use the word servant very very loosely.

Maybe the RCMP should actually be convicted of some things with all the scandals and bad policy around the Federal police force here since they were........ concocted back in the day.

Correction: The Asian Republic of Canuckistan.....
But even that I wouldn't have a problem with if all these other countries opened THEIR borders!

It's the hypocrisy and the duplicity of the situation ( and the political class) which bugs me the most; eventually, if we are to survive, we would all have to learn to get a long, but this is no way to get to that place.....

If you did not know, I have been a real activist here a long time and that is why the state is burying my file, after a car ran me down, to ruin me.

I am also a dues paying member of COMER.ORG / #COMER --- suing the Feds to get the banking policy and system BACK into the hands of the PEOPLE.

Look that up if you did not know about this fiat fraud robbing the people. I am sure you might know LOL

Excellent the gains obtained by the increase of bitcoin and it continues to increase. I invite you to read my article. Https://steemit.com/bitcoin/@tommachadop/bitcoin-historical-record-usdusdusd. Thank you

Thank you for the statistic ,, bitcoin is peaking fa sure

Do you like business and finance ?, I invite you to go through my account, give me your opinion! It's important for me !

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