Altana Digital Currency Fund and Coinbase
Just a few short hours ago Bitcoin skyrocketed in both new user acquisitions and price as demand for bitcoin continues to flourish.
Coinbase today said they picked up over 100,000 more customers in a single day when news came out of the worlds largest futures exchange, CME is in fact planning on launching their bitcoin futures plan by the end of the year.
This would drastically open up bitcoin to a massive pile of money somewhere in the area of 68 trillion dollars. To put that into prospective if bitcoin hit a 1 trillion dollar market cap then it would be work about $50,000 per!
By opening up a futures what will happen is many large investors who currently have their hands tied from directly buying bitcoin now will be able to buy. We are talking about people with networth of 1 billion plus.
All in all we are looking more towards a heck of a rally by years end and some major growth and adoption in 2018 be ready for some profitable and interesting months to come.
@bitcoinflood I agree with what you said by opening up the market to many more people. The one downside I see to Futures Markets are the manipulation of the price of Bitcoin. That being said I always try to stay Positive.
As long as the manipulation is an upward trend then im happy ;) invest now profit later
If you want your first million dollars, the only you must do is nothing but wait. 😂
50k$ seems pretty far, but 10k until the half of this month sounds pretty soon.
10k by years end seemed far away in fact people where expecting 5k by years end. We blew that out of the water. If stock money starts to be invested into crypto then 25k 50k will come pretty easy in 2018
img credz: pixabay.com
Nice, you got a 4.0% @minnowbooster upgoat, thanks to @bitcoinflood
Want a boost? Minnowbooster's got your back!
The @OriginalWorks bot has determined this post by @bitcoinflood to be original material and upvoted(1.5%) it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
This post has received gratitude of 16.00 % from @appreciator thanks to @bitcoinflood.
This wonderful post has received a bellyrub 1.96 % upvote from @bellyrub.
Nice post my friend well done
coinbase is in not supporting for Pakistan..when it will work for here
I invite you to take time. Bitcoin, Bitcoin Cash, Ethereum , Dash And Litecoin Accepted. Laser Online Platform is getting stronger : https://laser.online/?referrer=Ed108
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Valor2S 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.
This post has received a 0.07 % upvote from @drotto thanks to: @banjo.