Happy Thanksgiving! Have you heard of Bitcoin?

This was the conversation at many American dinner tables during Thanksgiving gatherings this weekend...

"What are you thankful for?"

"I'm thankful for Bitcoin. It's tripled since I bought it this summer!"

"Tripled?! That's amazing! My GIC earned...about 1%... How do I buy this... Bitcoin?"

"Well, you just sign up on Coinbase..."

This was the conversation in about 100 000 American households at Thanksgiving dinner this holiday weekend. About that many Coinbase accounts were created, investing large sums of money in Bitcoin.

Over the next couple days of Thanksgiving weekend in America, expect a buying surge as more new customers join in on the excitement. This is likely to be followed by a sell-off starting on Monday, as veteran traders take their profits on sell orders.

If you are looking into buying Bitcoin for the first time, it might be wise to wait a couple days and avoid that pulling sensation known as FOMO. Resist the urge!

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sources:
https://www.cnbc.com/2017/11/25/bitcoin-tops-8700-to-record-high-as-coinbase-adds-100000-users.html
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