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[ST] Bitcoin Price Update: OVER $2,200!

55K views 1K replies 141 participants last post by  doritos93 
#1 ·


https://steemit.com/bitcoin/@jeffjagoe/bitcoin-price-update-over-usd2-200
Quote:
The Bitcoin Price continues to EXPLODE! Over $2,200 now with a Market-Cap of almost $36 Billion!
Crypto-Currencies are the future! and Bitcoin is not the only one experiencing massive gains.
They said it would never reach $100.

They were wrong.

They said it would never hit $1000.

They were wrong.

Be wary, there is MUCH propaganda and FUD from Anti-Bitcoin groups and lobbyists circulating. People who do not want the established system to be shaken.

Slice their forked tongues.
 
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#2 ·
Just said it to a friend. I'm starting to regret selling my 50 BTC at ~€20 a couple of years back
redface.gif


On the other hand, if it crashed to zero, I wouldn't have had my grand
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#8 ·
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Originally Posted by Bloodcore View Post

Still hate myself for selling my 34-35 bitcoins after the first price jump from 5-7$ to 14-15$.
This new update doesn't help me at all.
On the contrary, this is just the beginning for Bitcoin. You haven't missed the boat yet.

It's going to hit $10,000 within a year or two.

Picking up some now is one best decisions you can make.

Unless you hate money that is.
tongue.gif
 
#9 ·
Quote:
Originally Posted by aweir View Post

Quote:
Originally Posted by frickfrock999 View Post

That's like saying cash is funding hitmen and mass murdering drug cartels.
Cash does that too.
Are you suggesting I should bring a goat to the supermarket and trade if for some bread? Or maybe I should start using cocaine as a currency?
rolleyes.gif
 
#10 ·
Eth is where the money is at. Mined 80 last year. They where worth $7. Now they are $177 and going up. God Bless AMD GPUs.
 
#11 ·
#12 ·
#13 ·
XMR (Monero) also experienced huge jump. Below 10$ in December, below 2$ in August. Now is over 30$. I think we will see in 2 months 45$.
 
#14 ·
Quote:
Originally Posted by ku4eto View Post

XMR (Monero) also experienced huge jump. Below 10$ in December, below 2$ in August. Now is over 30$. I think we will see in 2 months 45$.
Well it depends what you can mine at profit. Right now its ETH + SC or ZEC.
 
#15 ·
Aren't all the non-BTC crypto-currencies mostly pump-n-dump?
 
#16 ·
Quote:
Originally Posted by xioros View Post

Aren't all the non-BTC crypto-currencies mostly pump-n-dump?
No. But there is always Dark Coin...
 
#17 ·
Quote:
Originally Posted by xioros View Post

Aren't all the non-BTC crypto-currencies mostly pump-n-dump?
Not at all. Etherium has established itself as a strong contender to BTC. I would not be surprised if ETH overtakes BTC as the more secure coin.
 
#18 ·
Quote:
Originally Posted by ZealotKi11er View Post

Quote:
Originally Posted by xioros View Post

Aren't all the non-BTC crypto-currencies mostly pump-n-dump?
Not at all. Etherium has established itself as a strong contender to BTC. I would not be surprised if ETH overtakes BTC as the more secure coin.
Quick link to where I can read up on the differences?
Edit: google is my friend
 
#19 ·
Quote:
Originally Posted by ZealotKi11er View Post

If you did not sell them lol.
Yes, bought mining equipment, bought PC parts, bought gridseeds and a fury, paid back loans with interest, bought other goodies etc.

How much I failed!
 
#20 ·
All I know is that as BTC gets higher other Coins get higher too. Not exactly sure of the reasons but it always happens.

@HITTI

I have learned that you lose nothing by holding these days unless you need the money for something that i required to continue a normal life. Had 145 ETH but sold most during the mining time.
 
#22 ·
Quote:
Originally Posted by Butthurt Beluga View Post

So is it too late for someone who has not already gotten into crypto currencies to get into them?
No, investing in Bitcoin now is still a good idea.

It's getting mass adoption all over the world at an insane rate.

Its a snowball effect and it's just starting to kick in.

Hop in.
 
#24 ·
Japan recognized Bitcoin as an official currency, so it's basically 100% legal for all sorts of use there. Their economy is huge, and pretty much that news kicked off this rally. I believe South Korea may the be the same, or in a similar boat as Japan, but I'm not sure.

If the US were to do the same, we'd see exchanges popping up, ETFs, investment indexes, IRA options, stores accepting it everywhere. That's how YUGE the situation is in Japan.

Remember that in 2013 it was all China, but it was gray market there. Lots of fake volume, fake news, etc. And the Mt. Gox fall out. We're talking about countries 100% legitimizing it now, regulated exchanges with that are insured, etc.

And just to put things further into perspective, the Bitcoin total market cap is around $33 billion now. Tech giants are usually worth around $500 billion.

Bitcoin is now in a new FOMO phase that just got started.
 
#25 ·
Quote:
Originally Posted by MerkageTurk View Post

Do we buy or do we mine?
Not sure about buying BTC but buying other Coins is feasible and than converting to BTC for long term. BTC has gone up since last year about 2.25x but ETH has cone up 2x on top of that at 4.5x. It is much harder to go from $1000 to $2000 than $40 to $170.
 
#26 ·
For those that are still scared of jumping into Bitcoin thinking it won't go higher, here's some context.

This thread was BEFORE it had any mass adoption and mainstream awareness.

Bitcoin hitting $1,000 years ago.

Here were some of the comments.

Quote:
Originally Posted by Bonkers View Post

Jesus Christ. I wish I would have bought some last year when I was thinking about it.
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Originally Posted by grunion View Post

It makes me sick to my stomach, literally could have retired if I sat on all the bitcoins I've mined.
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Originally Posted by TurboTurtle View Post

Did you guys just hear that?

That was me kicking myself for stopping mining about 3 months ago. If I had continued with even one of my systems on a conservative estimate I'd have generated 4-5 BTC. Which, while a small figure, would have been a nice paycheck.

I has a massive sad.
Quote:
Originally Posted by Twinnuke View Post

This whole thing is a fluke and a complete and total scam.
They could have made the easy choice to change their lives for the better but they didn't.

The good life was right in front of them and they said no.

You now have the same chance.

Don't wait. Make your fortune and buy Bitcoins.
yessir.gif
 
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