Bitcoin Goes Loco! Surges through $2,500 Despite Fork Issues Continuing To Remain Unclear
![](https://steemitimages.com/640x0/https://dollarvigilante.com/wp-content/uploads/2017/05/bitcoin_tops_2500.jpg)
It seems like barely a day goes by without bitcoin rising $100, $200 or more.
It was only three weeks ago that we trumpeted that bitcoin had hit a new all-time high above $1300.
A few days later we were thrilled when it broke $1,400.
The very next day we livestreamed on Youtube for our bitcoin $1,500 party.
Five days ago bitcoin hit $1,900.
The next day it broke the $2,000 mark and I broke out the champagne, cigars and my 1980s era rap skills (see video for more).
Then two days ago it broke through $2,200.
And now, today, bitcoin has surged past $2,500!
![](https://steemitimages.com/640x0/https://dollarvigilante.com/wp-content/uploads/2017/05/bitcoin_today.jpg)
Bitcoin has now doubled in price in just the last month.
Everyone is asking, how high will it go?
Well, we wouldn’t be surprised if it is down for at least a little while. This has been an absolutely stunning move higher that added more than $20 billion to bitcoin’s market capitalization.
Those looking to buy large amounts should be at least somewhat cautious. Nothing goes up forever.
And, especially considering bitcoin is having serious growing pains right now. A few bitcoin transfers I attempted earlier this week took three days to go through due to massive congestion as bitcoin popularity soars.
And its popularity has absolutely exploded and has never been higher as Google Trends can attest.
![](https://steemitimages.com/640x0/https://dollarvigilante.com/wp-content/uploads/2017/05/btc_interestovetime.jpg)
And the growing pains of bitcoin are very serious. While this headline came out yesterday, “56 Bitcoin Companies Approve Segwit-2Mb Combined Fork Plan”, I have it from high level sources that it is far from a done deal. And, in fact, is likely to not go through.
I have just completed an interview with Trace Mayer, of the Bitcoin Knowledge Podcast, and one of the biggest and most trusted names in bitcoin who tells me that bitcoin could be in for some major turbulence this summer.
That interview will be given first to TDV subscribers (click here to subscribe to make sure you get advanced access). But within 24 hours later it will be offered to the public on TDV’s Youtube channel (so make sure to subscribe to the Youtube channel here so you don’t miss it).
In it Trace outlines why bitcoin could be in for a rocky summer but how to protect yourself and profit from it… including his favorite altcoin pick which he thinks could rise 1,000%+ in the next few weeks.
Even if bitcoin does have a pullback and a volatile summer, however, the future for bitcoin is brighter than ever. Much of the financial world seems to have finally awoken to the potential of bitcoin, and other blockchain cryptocurrencies, and we are seeing billions of dollars flow into the sector.
That is unlikely to stop anytime soon. In fact, if things go as I hope, it won’t stop until the US dollar and all other fiat currencies collapse and bitcoin and other altcoins become the currencies of choice for people worldwide.
If that happens, bitcoin will be worth over $1 million US in today’s dollars. But we are a long way from that happening still.
And, the globalists have their own plan for a completely centralized, one world currency, called the SDR, which they have plans to roll out in 2018. And they will do everything they can to stop bitcoin.
It’s an epic battle of good versus evil and the future of humanity rests on the outcome.
For this reason, I’ll be going to Bilderberg, for the third year in a row, from June 1-4 in Chantilly, Virginia to expose the globalists and shine the light on the parasitic cockroaches who yearn to enslave all of humanity.
Stick with us here and on our Youtube channel so you don’t miss a thing.
And, for those who still don’t understand bitcoin very well and want to learn more I’ve just created a free four video tutorial to get you up to speed and a special offer to send you your first $50 in bitcoin (restrictions apply and must be new TDV subscribers).
Click here to view the free tutorial.
While bitcoin has been rising tremendously, we are still in the very early innings of the game and you’ll be much better prepared to protect your assets and profit by understanding how bitcoin works today.
So, check out my free 4 video tutorial and $50 in bitcoin offer here.
Love your work as always Jeff. I particularly like your balanced approach. You make no secret of your admiration for the cryptos but acknowledge the growing pains and potential pullbacks ahead.
These are legitimate concerns as I wrote about last night and this calls for balance and restraint. Looking forward to more great content from you and hope to meet you at Anarchapulco next year. 👍
If you think Bitcoin is doing great, wait until you see what's in store for Pocket Change... Read my Post titled Bitcoin verses Common Coinage...
@pocketechange
Upvoted and re-steemed! Thanks for what you do Jeff. Just a heads up... I have mentioned your channel in one of my own videos, whereby I cover some of the censorship on Steemit! https://steemit.com/steemit/@ahandfield/a-shoutout-to-sgtreport-and-dollarvigilante-thanks-for-what-you-do
Jeff, if is wasn't for you there would be nowhere near as many truthers and anarchists here. Steemit is a revelation for the truth movement.
Check out my "Why won't Hillary just go away" post and others at @tremendospercy
I'm seeing in my own analysis 4400 price pull but heavy resistance in fundamentals and technicals. So it may correct a bit before resuming its to the moon long term direction. I also think these alt coins rising will show lots of rise in Steem. For help sorting out what fees are good try these sources... Does any one want me to dig deeper into these numbers or maybe review different wallets/exchanges their transactions fees and confirm times? Any other thoughts? Thanks Jeff and everyone here.
171429 Unconfirmed Transactions
Live updating list of new bitcoin transactions
upcoming alt? cant wait to see
Congratulations @dollarvigilante!
Your post was mentioned in my hit parade in the following category:
All hail the bullish Bitcoin.....Excellent update @dollarvigilante
Awsome as always Jeff!
Hooey and horsehockey! It hit 191,000 USD on C2CX last night. I am not making this up. Check my article and screencaps here
(upvoted) I'm looking forward the interview. Thanks for the heads up about Bitcoin. Seat belts fastened!