The $50 Billion Dollar Men: Bitcoin and Ethereum Are Accelerating So Fast.
The big two
I remember two months ago when Bitcoin surpassed the price of gold per ounce, and I did mention this in one of my forex trading posts. This now seems like 2 years ago as Bitcoin steems on past the moon and heads for neptune!
In a little over two months Bitcoin has doubled in price and is currently trading in the $2200 zone. Bitcoin's other true rival Ethereum has also been making hay and is currently around $180 a coin.
A lot of this money is new money to cryptos as people look to diversify away from a weak dollar and the terrible bank returns on their interest.
Investing safely
The digital crypto market is heading towards the $100 billion dollar mark for the major players which include Bitcoin, Ethereum and Ripple.
Bitcoin appears to be the most promising of all the cryptos, but others like Litecoin are also fighting back. It recently launched its new Segwit activation which allows lightning fast transactions on its network - a million times faster than they were before.
The best way to invest in cryptos is to learn as much as possible as you can about each coin, and to start by buying small amounts of each first. That is the best advice I can give anyone new to the crypto-markets ... oh yeah! ... and avoid the scams!
Trade safe.
thanks for that article :)
How did you get into cryptos Lena??
Thanks for sharing
Have a great day
:)
The Indian exchanges are predicting the price of Bitcoin to reach $3500 by this year end. Really heading towards neptune.
Japan's Bitcoin servers are under heavy load too ... more on that later rishi!
Will wait for it to read
It'll be a video discussion on it Rishi! Coming soon .... :)
That would be really nice :)
(Out of context. YET!) I find it good when people call me by name and like to do the same to others.
Call me Shane ... Here is my Japan post kind rishi :) Comment upvoted!
https://steemit.com/bitcoin/@mindhunter/mindhunter-discusses-why-is-the-bitcoin-blockchain-so-popular-in-japan
Thanks! Let me take a look on it Shane.
Bitcoin can exceed $3500 and reach $5000, seeing that SegWit might be activated.
The disadvantage is that, the fees might still be slightly expensive.
When do you expect the hardfork to happen? By october this year?
More like August, but, I will believe it once I see it