What In The Just Happened

in #bitcoin6 years ago

Is it just me or is Bitcoin just raging for no reason the last month ?

bitcoin2.png

Bitcoin just raged over 10,000 for legit no reason lol.

Can someone clue me in on why this price is still raging for the last month?

So far nothing good has come up.

Facebooks coin got smashed before it was even released.

More exchanges are coming under the spotlight of KYC

Tether for some reason is pumping again even though it is under investigation and was proven to have used millions to pay off debts from the company.


Or is this going to be one of those quick spurts because bitcoin loves whole thousands lol and the sell off will now begin ?


steemit-sig-final.gif

Sort:  

We are not just setting up a bull market, we are setting up a raging bull. In a raging bull market....good news! Buy!. Bad news? Buy! No News? Buy, Buy, Buy!!!

Many reasons for this pump.
Libra Coin is bringing all the attention to crypto space back, plus the government is shutting it down. Which you cannot do to btc. Now people are starting to ask them self what is money and how it works. Specially who controls it.
Super bullish for btc.
Hong Kong is buying massive ammount of btc to escape the Chinese government.
All the bulls which turned to bears that were expecting a 1k btc are now fomoing in, because in their hearts they know btc will go to six figures at least.
Anyway...
Zoom out. Look at the big picture and you will notice that btc has never actually had a bear market. It's ten years old and grew massively never stopping since it's inception.

Posted using Partiko Android

FOMO is setting in, time to pump as the average joes are buying now 😂... we may shoot up from here 😂

Posted using Partiko iOS

It's MADNESS man lol

Power of the fomo lol

Posted using Partiko iOS

ok, but ALTS is going down sharply!

Not really they are almost all up but about 20 of the 2,000 lol

Enjoy the RIDE........ Just Know that you are an Early Adopter.....

So much more progress since Jan2018. Surely the price of $btc cannot stay low for so long. With whispers of recession and/or war in the making, gold & $btc will be in great demand.

Posted using Partiko Android

Cool, but what's happen with Steem?