Bitcoin Blasts Through $2,200 While Ethereum Goes Ballistic
I apologize that we have been covering bitcoin and the cryptocurrencies so much. But, they are all going up so insanely, it is hard to not mention them! And, after all, we are The Dollar Vigilante and we expect the US dollar to collapse… and compared to bitcoin it already has… so we cover ways to survive and prosper during and after that eventuality.
And people haven’t just been surviving with our recommendation to buy bitcoin at $3 in 2011… they are getting fantastically wealthy!
Just since our last article about how bitcoin had broken the $2,000 barrier, it has since risen another $200, and $3 billion in market cap, to over $2,200.
Bitcoin has now risen $1,000 in just the last month!
And, amazingly, that’s absolutely nothing compared to Ethereum.
We featured Ethereum to TDV newsletter subscribers (subscribe here) in January of last year around $2. Up until three months ago it was trading at $12. And now it is over $150!
Cryptocurrencies as a sector have absolutely exploded.
One year ago the total value of all cryptocurrencies including bitcoin was only $8 billion. Today that number is nearly $80 billion!
It took 7 years, from 2009 to 2016, for the value of all cryptocurrencies to hit $10 billion. It took another year to hit $20 billion. Then it took only three more months to hit $40 billion. Three weeks after that (this morning) we hit $80 billion.
How’s that for a growth sector! And we’ve been covering it all and saying this would happen since 2011. It’s been so nice to see subscribers saying how they bought homes with their profits. And even readers of this blog or Youtube viewers (subscribe to our channel here) saying they’ve become wealthy just from reading our blogs or watching our videos!
Also don’t feel bad if you missed the boat on buying bitcoin at a cheaper rate, because today is the anniversary of developer Laszlo Hanyecz’s buying 2 pizzas for a total of 10,000 bitcoins back in 2010. If he had just held onto those until today, they would be worth over $22 million!
I’ve been receiving emails from people I haven’t heard from in years. Sometimes in decades. People I knew from the financial industry when I founded Canada’s largest financial website, Stockhouse.com.
All of a sudden they all want to know how to buy bitcoin!
I can’t possibly get back to them all… but what I have done is rushed to create a 4 video tutorial on everything you need to know about bitcoin.
It’s absolutely free and, on top of it, I am offering $50 worth of free bitcoin to anyone who participates!
You can check it out here.
We continue to make massive gains on the cryptocurrencies. Here are the updated gains since we featured them to TDV subscribers:
- Bitcoin 75,300% gain since 2011
- Ethereum 7,328% gain since January 27th, 2016
- Monero 1,686% since August 18th 2016
- Dash 625% since February 14th, 2017
- Steem 602% since March 29th 2017
If you still haven’t learned about cryptocurrencies and want to take part in this massive growth sector that could be the killer app that destroys the traditional banking system, click here to see my free 4 video tutorial AND receive your first $50 in bitcoin for doing so!
I’ve been saying since 2011 that cryptocurrencies have changed the game. It appears many people are just starting to realize its true now. Make sure you aren’t left behind!
Waiting Since 2012 for TDV prediction
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@pocketechange
Congratulations @dollarvigilante!
Your post was mentioned in my hit parade in the following category:
huge fan here!! nice breakdown
Great series, send the link to my 'slowly turning around sister' just imagine she had gotten some when I told her years ago instead of telling me 'to get real' hahaha The older sibling is not always the smarter one ;)
Currently the most expensive bitcoin of the ounce of gold
Actually we are in the age of digital currencies
Jeff Berwick doesn't want you to see this article: https://steemit.com/jeff/@rich-meister/jeff-berwick-and-tdv-immigration-passport-scam-my-story
To think, I let my wife talk me out of putting down $10k on BTC when it was at $.04
Hehe, we all have such a story to some magnitude :D
We can't live in the world of what ifs or I should have. If you bought 250,000 Bitcoins for $10k would you really have kept them until now? Would you have sold them after the first rise? At what point do you sell? Actually at what point do you buy? Would you buy $10k now at $2,250 per bitcoin and have 4.4 bitcoins?
i was thinking more of a security risk. would people (are they/did they) push to paper or hardware wallets when they saw the price of them, what about those that bought like 100 bitcoin and have no idea even? - crazy world!
Oh, don't know how it would've worked out, I probably would've sold @$10. Interesting question about 4.4 bitcoins with the same amount of money.
Its a question a lot of people are thinking about now.
This is a very exciting time to be alive! making money to post and investing in digital cash for profit. If you read this you are awesome!
@victorvazco please upvote, reply and follow us
Yes it will
they all going to collapse, the sad thing is thing is that a new 1 world currency will follow :-( the sheeple will enslaved themselves and the society will be doomed at the same time. let's hear if there's some patriots of liberty here?
If the dollar collapses; will the steem-based dollar follow as well?
nope. people will seek alternative currencies, and if the fiat currencies collapse, steem and crypto would boom.
its hard to say what the value of them would be though, if dollar is worth nothing how would you value crypto? hard to say
In actual products and services bought directly like in places like Argentina where this is already happening.
After the Ethereal summit event on May 19 in New York, ethereum has been sky rocketing to the moon with no intention of returning back to the ground. Ethereum seems to be the only crypto which has the potential to surpass mother Bitcoin.
I agree, and think that it will. If not before, then certainly after BTC hits it's 21 million coin cap.