November 28, 2017
Bitcoin has gone up so fast that we couldn’t even make proper use of this meme!
Just a few days ago we had planned to do an article noting Bitcoin’s ascent past $9,000. We even had the meme lined up and everything!
Remarkably, Bitcoin has gone up so fast in such a short period of time that we are now talking about it hitting the $10,000 mark.
At this point, anyone pretending to know what the ceiling is on Bitcoin should be considered no more reliable than a palm reader. On Tuesday, the trading price of the most prominent cryptocurrency hit $10,000 for the first time. And that nice round number will almost certainly have the kind of psychological effect that brings in new traders.
Based on analysts’ recent predictions, the $10,000 milestone could be the beginning of the end or just the beginning. Some thought that $2,000 would be the point at which we’d see a reversal of Bitcoin’s ascent. Others predicted it would top out at $4,000. Then, $4,000 became the floor. These days, analysts with decent reputations have predicted the cryptocurrency’s trading price could go as high as $50,000, $100,000, and even $1 million.
The cryptocurrency space is certainly a fascinating one. None of us know exactly where Bitcoin or the general cryptocurrency market is ultimately heading but cyptocurrencies are serving a much needed niche outside of the traditional Jew dominated banking system.
Hopefully Bitcoin goes to $6,000,000 and higher. Any market not directly controlled by Jew owned banks that allows people to conduct business is a good thing. The fractional reserve scam run by these banks needs to be phased into the dustbin of history. Its nothing but high tech Jew usury.
The Bitcoin market is extremely volatile though. We could easily see its value drop just as much as it has risen in the past few weeks.
Where do you guys think Bitcoin is going? Leave a comment on the BBS and share your thoughts.