Mainstream media changes narrative on Cryptos..all of a sudden positive

in bitcoin •  9 months ago

Earlier today, we could read that U.S regulators were not at all negative towards ICO's and cryptos as securities.

 
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Now, mainstream media seems to have changed tactics. CNBC reports;

Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say

Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar value mark, Jamie Burke, CEO at Outlier Ventures said.

Technological advancements and new investor products could push bitcoin to $50,000 in 2018, Thomas Glucksmann of Gatecoin told CNBC.

Investors may focus on so-called "utility tokens" this year which are digital coins that can power blockchain technologies, according to one expert.

The article goes on about how cryptos could pass a trillion dollar market cap in 2018. With increasing regulatory recognition, the entrance of institutional money and major technological developments will contribute to the market rebound.

"We believe after February the market will likely go on a bull run comparative if not greater than last year potentially reaching the trillion-dollar mark before a proper crypto winter sets in where the market becomes more focused on proper market fundamentals,"

https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

 

I hope you all are armed to the teeth with as we are just as I publish this passing $400 billion, which is the first obstacle, on the way to $600, and then finally new all time highs.

Our target of all time high in March/april still stands.

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This all seems that we may have touched the bottom this time. I bought some BTC myself yesterday before the hearing. We have had a lot of bad stuff going on really...Coinbase inside trading, CoinMarketCap fucking with the charts, Bitconnect, Tether, India FUD, South Korea FUD, recycled FUD in China, BCash shit talking, Coincheck biggest hack in History...Seriously guys BTC is a sewer rat what doesn't kill it makes it stronger (Antonopoulos metaphor). I am really bullish with the latest news...Coinbase implementing Segwit, Lightning Network advancement, Robinhood 0 commision trade, US Senate hearing, Samsung ready to mining business, BTRASH dying...going moon soon

I believe that investments will not come to naught. I am a student and have invested in the last $ 1,000 I have been making and I am waiting.
Nice post sir Thank you

Thanks for the update..with the look of things, Cryptocurrencies could go on a bull run greater than last year.. I will be on the outlook

Useful and informative post thank you dear friend @scandinavianlife thankyou for shareing update crypto news

UPVOTED FOLLOWED

What you mean is, people who already bought it, want it to go up. RT Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

its amazing sir it very helpful for all steemers thanks for sharing it I like your all post keep it up sir @scandinavianlife

'Jamie Burke, CEO at Outlier Ventures' clearly just poured his life savings into Bitcoin when the price dropped last week.

Currency is numbers and numbers never end. If it takes currency to be powerful, your search for power will never end. @scandivianlife thanks for shareing crypto news

a very good information @scandinavianlife, this is very useful for everyone and for myself. Thanks for sharing and hopefully and will be more successful

Great news!! Thanks for sharing.

This post has received a 6.0 % upvote from @boomerang thanks to: @scandinavianlife

Of course buy low sell high :)

My news feed was that Goldman sachs believes crypto will go to 0. the BIS is against crypto and Dragi says he has little appetite for crypto. I need to change my news :)

obvious play here.

Make people scared about crypto so the price decrease -> invest money -> make people excited about crypto -> PROFIT

This is not the first time they do this.

Happy fucking days!

Amazing how the media can switch the fud to good news all of a sudden . Hopefully it does turn it around and we start to see steady growth over the next couple months... (not too fast though because I need to buy some more Steem first 😂)

You got a 7.97% upvote from @buildawhale courtesy of @scandinavianlife!
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Damnit I wanted to buy before this happened haha. Hurry Friday hurry!

And, just like that, everyone was for cryptos again.

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Smart boy