At $ 50 billion the Bitcoin capitalization

in #bitcoin7 years ago


In a new record, the bitcoin was found during the weekend, surpassing $ 3,000 less than a week after the schism that some investors worried about.

The digital currency peaked on Saturday, reaching a record $ 3,360.87, according to CoinDesk.com. By Sunday it had fallen to 3,286.87, with a market capitalization of $ 53.4 billion, according to Coinmarketcap.com.

On Saturday, the cover currency surpassed $ 50 billion for the first time, MarketWatch points out.

Prices rose more than 10% last week after bitcoin began releasing a new version with different system parameters. This new version is known as Bitcoin Cash. Coin prices initially fell more than 5% as the new currency confused the markets, but they soon recovered.

Despite its volatility, bitcoin has more than tripled its value this year, surpassing the $ 2,000 landmark in May and reaching $ 3,000 for the first time in June before swamping and eradicating about 20 percent of its value. Now the coin continues its rapid rise.

The opposing digital currency, ethereum, followed in the weekend rally, up 12% on Saturday and 7% on Sunday. The Treasury has a market capitalization of $ 25.2 billion.

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Long term holders can only hope the pullback continues.

I would love to see $3000 again.

oh noooo ;) $3000 hope fully $5000 :D

Its always gonna be a fight between: YES and NO ha ha

yess ohh no no ohhh nooo yesyesyes

Since I am looking at buying more, the lower the better.

I am a long term holder of BTC and believe in the potential down the road. For this reason, I want to get as much as I can at levels like these. In a few years, these prices for BTC will be a dream.

Hence, I am not a seller at $5000 nor at $3000.

dear this time buy bitcoin its best time :)

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