Sunday, November 19, 2017

Bitcoin Busts $8K



Well, overnight, Bitcoin threw itself over the $8K mark. So many factors are at play here. The cancellation of the new hard fork, Bitcoin Gold, backing away from fly by night ICOs. 

While some still speculate this is still all a “bubble”, those in the “know”, redicule this notion as blockchain technologies continue to find ways to integrate itself in society, not just cryptocurrencies. 

What will happen now, is the Feds will get off their butts and really try to figure a way to regulate the market. But it still won’t happen overnight. There’s too much on their plates as it is and they will, rather than focus on the coins themselves, specifically find a way to introduce blockchain. 

As it is, Litecoin is up to $75 and most of the major coins are jumping. The fire is now raging! Jump in while you can!

5 comments:

  1. Bitcoin is a virtual currency. It doesn't exist in the kind of physical form that the currency and coin we're used to exist in. It doesn't even exist in a form as physical as Monopoly money. It's electrons - not molecules. free bitcoin transaction accelerator

    ReplyDelete
  2. This article mainly outlines the current issues with cryptocurrencies in India and their legal establishment in the coming years. It also covers the active projects and their functionality with a little elaboration. visit coinmarkets.net

    ReplyDelete
  3. Everyone loves a bargain. But even your most savvy bargain hunters have unreasonable expectations. One of the best examples this year is AMD. Cryptocurrency Exchange

    ReplyDelete
  4. Cryptocurrency, as the name suggests, uses encrypted codes to effect a transaction. These codes are recognized by other computers in the user community. Instead of using paper money, an online ledger is updated by ordinary bookkeeping entries. The buyer's account is debited and the seller's account is credited with such currency. Cryptocurrency

    ReplyDelete