Just now Bitcoin smashed 1000$ ( Cryptomarket , Poloniex , Bittrex , preev , bitstamp , coinbase )
BTC surprise us finishing 2016 and continue to surprise us starting 2017 , at least surprise me
really i didn't think that Bitcoin could rise significantly simply because no dramatic change in term of dev , user or official recognition , i meant there is a lot of improvement could explain small rise but that is sing of rocketing .
Links for live markets and trade platforms at the end of blog
( Cryptomarket , Poloniex , Bittrex , preev , bitstamp , coinbase )
like always Polo went to 1000$ first other are following
I think this bauble as many market analytic specialist use to name it not like the previous one in Dec 2013 , that was fast and in a panic way , it went from 150 to 110 then back to 650$ in almost 1 month wich indicate a lot of volatility and maybe manipulation . This time is different , BTC rise like a king climbing a stair to his throne steadily , one step at a time without any sudden unexpected move or looking back , from Aug 2016 to Jan 2017 ( 5 month ) witch is reasonable time i think .
Many think that BTC rise is bad for Steem and Altcoin and they have their reasons but i think that is overlook to all picture , if you observe Crypto well , you will find a pattern that they tend to go together , i mean in short term most Altcoin go down but it catch up after while . Cypto go up and down together long term or at least Altcoin stay in relatively same BTC price witch is a rise in price to USD .
The question is what well happened to steem , am sure steem moment will come but when ?
that for time and people to tell :)
Happy new year
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take a look in the price now :
poloniex
bittrex
Crypto Market
preev
bitstamp
coinbase
It's a notable number. I wish I had enough for it to mean something, but happy for those who do. It seems more people want to get into cryptocurrencies. Maybe Steem can ride that wave
I hope so @steevc . I alreadt investes half of my BTC in Altcoin . I didnt expect it to rise that much .
2017 look like wil be some big changes in crypto world