Just over one month ago this blog asked if the coming Bitcoin Futures markets meant 10,000.00 Bitcoin? Two months ago this blog asked if a "flash peak" was possible in Bitcoin to 25,000.00 as awareness rose and holders...held instead of selling/trading. And, just yesterday for the second time in the past month...the Cryptocurrency Ripple has moved into (back into really as it has been the #3 for a long time before Bitcoin Cash) #3...and TODAY is poised to move ahead of Ethereum into number two.
So...it's not too big of a question at all to suggest that Ripple could continue it's run...with a MUCH more accessible price to the masses (in a psychological sense) - and overtake the marketcap of Bitcoin....... AND THAT....could have a profound effect on the overall market and the psychology of the market, because if Bitcoin is no longer number one in the "Bitcoin Space"...then the negative attributes of Bitcoin are going to come to the forefront - and more "coins" are going to be included in the MSM discussion....such as on CNBC.
Now...8 bucks USD is only a quadrupling of the current price approximately (something large and silly to suggest in any investment space other than crypto)...and it IS a hill to be climbed - but it's hard to say if it could all happen in just one spurt - or will take a much longer time-frame. Perhaps Ripple will simply bask in being number two and holding off an ETHEREUM pump of some sort.
Finally...since the early days of Crypto...Ripple has been the one coin actively pursuing real business relationships with BANKS..big money personified...let's see this play out. Have any comments? #8dollarripple
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With Bitcoin hovering over 7,500, it hardly is a jump of faith to consider the "when" of Bitcoin 10,000 becoming a reality. The real question is...why sell at 10 grand? The powers that be (TPTB) seem to be getting a bit nervous that they missed the train when it was in the station...they might try to bring it back in once more...so beware.
The fears of the powers that be...wallstreet...are being heard bigtime...there's even talk that Bitcoin Futures, which could begin trading soon,...could affect the so-called real fiat economy. More on those Bitcoin Futures.
(except for the fees part...)
Japan is begging Millennials...To Buy Stocks...(meanwhile their utility companies offer a discount if you pay in Bitcoin)
Meanwhile...in other Bit-Stew...
Oh my the scandal...the police were forced to alter an arrest report for a Judge's Daughter... nothing to see here...next?
Here's some bulloney wasting of taxpayers dough.. two sets of Detroit cops...one undercover buying drugs...one undercover selling drugs... you can guess the outcome of too many cops - what could go wrong?
Speaking of things going wrong.... none other than Stephen Hawking is warning that when machines become self-aware - it could be the WORST thing that has ever happened to civilization.
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THIS BLOG WAS VERY PROUDLY BANNED FROM THE INTERNET FOR 115 DAYS IN 2013-2014 - RETURNED AFTER 9 REQUESTS FOR REVIEW - NOW YOU KNOW - (UPDATE) IN MAY 2015 THIS BLOG WAS AGAIN WARNED.... AND CONSEQUENTLY DROPPED GOOGLE ADSENSE.... READ AND ENJOY THE BARFSTEW WHILE IT IS STILL FRESH IN THE POT AND NOT ON THE INTERNET ARCHIVE..... BECAUSE BARFSTEW BITCOIN IS A DANGEROUS BREW.
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