IS THE PEOPLES CURRENCY REVOLUTION AT HAND? (IT COULD BE) WILL EARLY ADOPTERS REAP UNTOLD RICHES? (MANY ALREADY HAVE) OR WILL FRAUD - AND THE POWERS THAT BE - (YEP, CERTAINLY THE ENEMIES) CRASH CRYPTOCURRENCIES TO ZERO? (IT COULD JUST HAPPEN)

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Showing posts with label bitcoin spikes upward. Show all posts
Showing posts with label bitcoin spikes upward. Show all posts

Tuesday, April 2, 2019

BITCOIN UP 800 DOLLARS IN ONE HOUR

A few buddies had to bear all my talk about Bitcoin as I began purchasing it in Aug. 2014 to April 2016 (purchasing it for as low as 190 in early 2015) - and selling it in 2017 and early 2018 - (beginning at 7,000 as high as 19,000 and back down to 11,000) - keeping everything I still had at that point. It went down to about 2,900 six-8 months ago and stayed below 4,000 for a considerable amount of time.

Obviously...I bring this up for a reason. Bitcoin went up 750 last night and is trading around 4800 (things change rapidly) .... I was asked by a buddy, not too long ago when Bitcoin was staying around 3100, if I thought Bitcoin 1500 or Bitcoin 15000 was more likely - I answered it was equal chance and that both could happen.

Well.... the big big money seems to have made up their mind (Bitcoin at this point can be easily manipulated by multi billion dollar moves)...15 billion of its 83 billion dollar market cap was traded. Oh...this spike and whatever comes next...in the next hours or days or perhaps weeks - will largely be the stress test for the new "stable coins" pegged at the US Dollar. In nearly all circumstances...these stable coins are backed by LARGE investment companies. The stable coins are a new phenomena....in crypto trading largely and this is a first big test. EVERY major coin is up the last 24 hours in cash value.

This spike (which is what it could be) came almost at the very moment Bitcoin was set to go below EXACTLY 50.0% of the total market cap of all cryptocurrencies. The rally has put that number back at 51.8% - so.. all the move could be nothing more than big money defending the 50% line and the concept of Bitcoin as a store of value...... BTW...there are over 2130 "coins and tokens" right now on https://coinmarketcap.com/all/views/all/

The technology of these blockchain coins have come a long way - I'd estimate at least 100 of these coins have real potential to have a real product and clients who want to use their blockchain technology. They aren't hard to find...using the link above they have self sorted themselves largely....finding the needle in the haystack is still possible (easily too). (I shit you not I had a coin go up 75% the other day that I owned.) But you have to do your homework.

So...let me declare today that 15000 is more likely than 1500. And...it's time to get in.

https://www.coinbase.com/join/52570ca75308dda35e000033 - Use this link... buy 100 dollars of Bitcoin within 90 days...and you and I get 10 dollars of FREE Bitcoin... (You will also have a link when you join for others to use btw.)
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The Archive Awaits

Saturday, January 21, 2017

Bitcoin Spikes Over 1100, Fades, Rallies Again - All In Less Than A Month

It's been one heck of a roller coaster ride since our last update - and tough to be a trader too in such an environment. But, we have lots of Crypto, Blockchain and Bitcoin news so let's not dawdle. 
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Links
It was this China news or rumor that sent BTC way down after the spike over 1000 early in the month....was China gonna get tough on BTC?
An ETF for BTC? Will It Happen? or would such a move lend too much credibility? Will Trump's supposedly friendly attitude to BTC matter?
As anyone involved in Crypto knows... never play with more in Crypto than what you are willing to lose...as most likely at some time or another you will run into an exchange that folds or some sophisticated Scam like this...always remember to check your deposit address.
Is it possible that Russia might use the blockchain for it's payment system? 
It's very under reported in America...but many folks all over the world are having fiat problems and looking for a store of value...that is being increasingly found in Bitcoin - Such As In Venezuela because of hyper inflation.

Are all big countries feeling the heat of the emerging peoples currency? Seems the very rich and very poor are the most aware of the disruptive nature of BTC....hmm.
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