Bitcoin at a all time high

in #bitcoin • 7 years ago

Bitcoin hit a all time high on several exchange rising it to $2800 in Asian trading just after painful weeks when the crypto declined 30% taking the coin below $2000 the coin is up more then 3x since it hit $900 in march some people call it a bubble of epic proportions and others think its just the beginning of a revolution and say Bitcoin is headed to $4000 by the end of the year or even $1 million in 5/10 years from now. The volatility will be increase once again and it will affect other altcoin's like Litecoin and Monero but the main rivals like BTC and ETH where traded near all time highs. What are your guys thoughts ?

#ethereum #monero #litecoin #news
7 years ago in #bitcoin by
$0.25
  • Past Payouts $0.25, 0.00 TRX
  • - Author $0.20, 0.00 TRX
  • - Curators $0.06, 0.00 TRX
5 votes
Reply 4
Sort:  
  • Trending
    • [-]
     7 years ago 

    As I see to coin market cap, yes the increase of bitcoin leads to increase in all alt coins,

    • But the ratio of increase in bit coin is smaller comparing to the rise ratio in other Altcoins.
    • So, Ether and some other Altcoins like Steem usually increases more in its percentage.
    • I think the reason that more people have to buy Bitcoin first before they can exchange to steem for example.
      On the other hand, the down in USD / Euro also shows an extra unit true value will be back again after USD get stronger again ( but of course this is not a very influence , but has to be mentioned I think.
    [-]
     7 years ago 

    I hope steem go 7.50$

    [-]
     7 years ago 

    the way everything is going for steem and steemit with all the new people signing up should get there in no time theres alot more people looking in to steem

    [-]
     7 years ago 

    Yes this is sure :) but I think 5 months then :)

    $0.00
      Reply