Why I believe the value of bitcoin will surge in 2017
The USD has been doing great since the announced Trump presidency. This has allowed the federal reserve to hike the interest rate (December 14th). A large bitcoin investor from Shark Tank South Africa says the surge (~December 16th) was a direct response to the interest rate hike and increase of the USD devaluing foreign currencies. There are an estimated four interest rate hikes coming the next year. Currencies are destabilizing as a direct correlation to political revolutions/globalization. There are elections in 2017 in France and Germany this next year and I personally believe that the value of their currencies in such divisive political times will drop inevitably since one side will be terrified of the outcome no matter the winner. Venezuela airlines are now only accepting bitcoin. I see this trend growing since they literally weigh their money instead of counting it. Donald Trump's immigration policy. Now hear me out on this one. Between deporting criminals and strong border security especially, the traditional method of buying drugs straight from border cartels will become less common/possible. This will cause drug dealers to adapt to changing times, thus switching to dark markets. Lastly, bitflyer has been advertising bitcoin heavily in Japan both through commercials and newspaper ads. Of course this all pure speculation and I could be completely wrong.
@technology: RT @crypto: Bitcoin Cash has surged, in part because Antpool, one of the largest mining groups, is “burning” a portion of the coins it receives—potentially reducing supply and driving up the value https://t.co/L8fppFbRoq https://t.co/y9L6SFmPTQ
Goldman Sachs lost $1.9 Billion in the last 3 months, since Bitcoin value surge high as $10.000 or more! Goldman Sachs repetedly warned about "Bitcoin Bouble" because they loosing on Bitcoin rise! LOL! The end of the ruling of the top 1%!
Bitcoin continues with its steady increase and reached an intraday high of $10,900. On the other hand, most alternative coins are losing substantial chunks of value, and BTC has increased its dominance over the market. BTC Nears $11K. The primary cryptocurrency has been performing somewhat positive in the past few days. Notably, bitcoin is up about 80% this year as cryptocurrencies are drawing considerable attention this year. Bitcoin crossed the mark of $12,000 lately and marked its highest level since July 2019 ... During that period bitcoin value surged. In fact, the report asserts “that 2013 was bitcoin’s best-ever year (5400%) and gold’s worst year (-28%) since 1981.” PayPal is launching its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications. At this point, the value of Bitcoin went from about $0.0008 all the way up to $0.08, a truly dramatic increase in price. At this point and in the following year, very few exchanges supported trading of Bitcoin. There was also extremely limited liquidity at this time due to cryptocurrency still being relatively unknown. That meant that when the price started an increase in June 2011 from about ...
BREAKOUT: Bitcoin Price Surges To $7800 (While Tether Price Tumbles)
Almost exactly $1 billion of that figure went straight into bitcoin cash. From Tuesday’s low of $375.03, the unit value of BCH rose to $430.09. That equated to 14.7% growth, and saw the coin’s ... The digital currency Bitcoin just keeps on going up, nobody seems keen on shorting it, the concept has gripped the markets but its surge in value is about to end according to John Butler of Gold ... Monday morning the price of Bitcoin surged to as high as $7800. At the same time, the price of the stable coin Tether tumbled. Normally always valued at $1, Tether was suddenly worth only $0.80 on ... What do you think has led to the recent surge in the value of Bitcoin? PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Francis Hunt, stock market trader and educator comments. What is behind Bitcoin's surge in value? - Inside Story - Duration: 25:01. Al Jazeera English 60,613 views. 25:01. Bitcoin Basics (Part 1) - "Explained For Beginners" - Duration: 24:27. ...