Bitcoin has surpass the market capitalization of Goldman Sachs.....
Within a hour of writing my last post, Bitcoin has surpass the market capitalization of Goldman Sachs. 1 Bitcoin is currently price at $5772.16 with a market capitalization of $95,932,358,338.00
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The market cap of Goldman Sachs currently stands at 93.78 billion USD.
You can follow up on my previous post with the following link
https://steemit.com/bitcoin/@daudimitch/bitcoin-has-surpass-the-market-capitalization-of-morgan-stanley-and-is-less-than-3-billion-usd-away-from-overtaking-goldman
Many investors believe in the freedom, believe in bitcoin.
Been an interesting journey to watch...I wrote the post thinking that by Monday Bitcoin could surpass Goldman Sachs not realizing that it would happen within an hour
The concern is all of these gains are passive and people likes to buy more and more.
Interesting enough, I expect those would deep pockets to make some huge bets on some altcoins, the likes of those in the TOP20 could get really interesting....we may see some profit taking and others trying to get in on BTC
As Chinese did before to buy bitcoin by $ 2900 then now it is almost $6000.
Are you with me it is time to buy other altcoins?
The momentum right now is definitely with Bitcoin, altcoins would definitely have their run soon, look for projects that actually have a product in existence and their supply of coins are relatively low....TOP30 is a good starting point but alot of options exist, my recommendation would be low supply coins, actual product in existence, accomplish team, good customer relations team....you can't beat a coin that is back by a powerful blockchain even with relative high number of coins, so Steem is definitely a solid longterm investment....if I should join the gun, i say Litecoin is definitely due for a run, Aragon has huge potential, I believe privacy coins would be huge in 2018 as people get more involve in crypto, so you definitely want to add one of those or couple to your portfolio, I think the mechanism behind SALT could be huge once Bitcoin surpass 150 billion marketcap and people feel safer having their wealth in it....these are just a few....message me on discord if you want further breakdown
I sold salt, but etherum, litecoin, dash and bitconnect are good to invest.
well sweet, you are right in the money, these alts take off without warning so hodl
Great post, I appreciate your work, I'm a 20 years experienced trader from Italy, I leave you my upvote and follow, it would be an honor to have you among my own followers!
No prob, now following you
The scary thing is that if Bitcoin prices drop. We don't know if it's going to be a soft or hard landing. However Bitcoin prices tend to rebound quickly after a slump. Higher Bitcoin prices indicates that investors have lost some interest in bonds, precious metals, commodities and currencies.
There is nothing to fear, that's actually the beauty of Bitcoin...its important to take some profits and enjoy life
One only word... BAMMM
@daudimitch Well done for sticking at it! Followed.