Twenty Two, Random Thought + Free Giveaway
Random Thought -- The price of bitcoin is going back up. I think the low for this year is in.
On a random note, it feels like the economic center of the world is moving away from New York and to the European Union.
I will be giving 2, 50% votes. To enter leave a comment on this post. Winners will be chosen at random on 7/25.
The volume of trades have been impressive... so this is not your average pump. There has also been good spin in the news, like the Master Card patent to interact with the chain to some degree. If Lightning Network is still not in production should things reach the Dec '17 highs then some adjustments will likely be made to my BTC holdings.
My market observation window is showing a 1647.97 BTC 24 hour trading volume at the moment. For my window to see 1500 BTC 24 hour bullish trading volume has always resulted in a big move. My theory is, simply, that as the market cap increases then so will the Bitcoins, due to straight supply and demand. Then as the Bitcoins rise so too shall the other cryptos follow by and large.
So if forced to make a prediction it is my feeling that the bottom has been reached in the Bitcoins recent cycles.
Congratulations you win :)
P.S.
Sounds like Malta is setting itself up to be the newest crypto center of the world, regardless of what the fiat printers are up to. 😎
https://www.bloomberg.com/news/articles/2018-03-23/the-world-s-biggest-cryptocurrency-exchange-is-moving-to-malta
I wonder what altcoin will dethrone BTC
Congratulations you win :) It should have been steem but they messed it hard. Some social coin will be number 1 in the future is my guess.
Thank you so much! Do you have plans on making your own coin for social media?
I am looking into it actually.
Nice pic sir....
The European Union is not without its problem. The next power to look out for is China. I think China has been slowly 'Empire building', and waiting for the right time.
I am a little worried with steem. At this moment bitcoin is 6.9% up and steem is 1.2% down...
It is true, lately the decisions that are being taken in the EU are taking strong repercussions in the world economy, a reflection of this are the fluctuations that the crypts have had as consequences of EU policies.
its looking likeyou are right, i was hoping to catch a dip near 4900 but i guess this is the turnaround back upwards
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