The World of Cryptocurrency - Bitcoin Breakthrough
Currently, Bitcoin is at a mark of $19k+ and still rising. A few month ago, "experts" predicted that bitcoin will hit $10 before 2017 ends but they were all failed coz bitcoin doubled their prediction. No one really knows the exact trend of bitcoin's bull run, it is simply unpredictable and this gives so much excitement to those who belong on bitcoin bandwagon. Critics were always on the negative side and never see the positive aspect of bitcoin - they just can't accept the fact that bitcoin will definitely change the landscape of world's economy.
Bitcoin just keeps rising as the day goes by and mind you, we are still in the infancy stage of cryptocurrency. This virtual currency is not yet accepted worldwide, in fact, there are countries that mark bitcoin as illegal and to a point they imprisoned those who use and trade in it. In terms of ratio, there are still so many people who don't know what bitcoin is and they are numbered into billions. But in spite of that, bitcoin was on an unprecedented rise surpassing those expert's projection. I may not be an expert but I personally believe that before 2018 ends, bitcoin will reach as high as $100k - I may be wrong when that time comes but who knows. Just this month alone, it rises as much as 400%. There may be corrections along the way but the trend is still rising, gearing towards $100k before 2018 ends.
Do not be surprised when the whole thing comes down. The bigger they are........
If that happens then millions will cry :(
--Its a new paradigm
--To the moon
--Its the wave of the future
--The checks in the mail
--I wont come in your mouth
--No, your ass does not look fat in those jeans
--And other assorted, time tested lies....
@elizahfhaye,
I just wish those tx fees would come down!
Thanks for your opinions - as usual.
Namaste,
JaiChai
Thanks Janichai :)
I agree, there are a few hoops we have to jump through to invest into cryptocurrency and everyone takes a little cut on the way, on the exchange rate, we end up paying close to 30 percent in fees.
@bruntig,
Obviously you get "it".
Upvoted and following you now.
Namaste,
JaiChai
P.S.
I expect great things from you.
100k in 2018 would be awesome. In fact this recent Bull market is nothing compared to previous ones percentage wise. So with the current sentiment you could argue that BTC will keep rising over the coming months
its just a wild prediction but i think its reachable if we are going to base it in the recent rise of bitcoin. Hopefully, bitcoin will hit that mark, then its party time :)
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Cryptocurrency, far from just Bitcoin itself, is brand new in general.
In the realm of trading, for example, I made plenty of 'ignorant noob' mistakes.
I'm still no expert, but I decided for myself to write a 5 part article series here on Steemit for those who are SUPER NEW to crypto and are just about to trade or buy more seriously.
Did your friend tell you to just jump on any ol' exchange and buy crypto? STOP RIGHT THERE:
Read this first: https://steemit.com/cryptocurrency/@dragonanarchist/crypto-noob-lesson-1-of-5-exchanges-heed-the-market
Bitcoin can lead us into financial freedom soooon :)
great article @elizahfhaye, but bitcoin still have a lot of massive problems to fix in my opinion! it is not reasonable to pay 10€ fee for a 200€ transaction...whats the intrinsic value of this technology then?
Yup, i agree with you. But bitcoin is still in its infancy stage, there are a lot of modification may be done along the way. :)
very importent artical and content. go ahead.. thanks for sharing @elizahfhaye
thanks :)
welcome
Today I was watching a video that a 20 y old millionaire uploaded and he shared his thoughts together with another person about the price of Bitcoin.They think that Bitcoin might hit 100 000 $ by the end of 2018. Thanks for your opinions elizah!
That will be awesome! based on the trend of bitcoin, its very much possible that it will hit $100k before 2018 ends :)
What a great timing for a dip buy, bitcoin goes down and comes right back up. Great stuff as always @elizahfhaye
Bitcoin is now in its impressive run, lets ride on it :)