Bitcoin Soars To Record High $4,600

in #bitcoin7 years ago


The prices of Bitcoin has exploded overnight, surging over 6% to a new record high above $4600 as demand from South Korea and Japan spurred more safe haven buying as gold and Treasury bond prices rose following North Korea's most provocative missile launch yet.

Heavy volume taking Bitcoin higher...


We note that the big volume spike in Bitcoin struck as US equity markets opened and panic-buyer bid tech stocks...


The cryptocurrency landscape is a little more mixed but Ether is gaining...


This mornig's rally has pushed the cryptocurrency market cap over $160 billion for the first time.

Source : http://www.zerohedge.com/news/2017-08-29/bitcoin-soars-record-high-4600

Disclaimer : This is not the real Tyler Durden! I read ZeroHedge every day to find the one or two best articles and reformat them for Steemit. I appreciate the upvotes but consider following the account and resteeming the articles that you think deserve attention instead. Thank you! Head over to ZeroHedge.com for more news about cryptocurrency, politics and the economy.       

Sort:  

I am starting to like the fact that cryptocurrencies (especially bitcoin) are the safe heaven.

Maybe Mcafee is right with his prediction

 7 years ago  Reveal Comment

Here we are $4600 and here we come $5000

THAT KOREAN LEADER NEEDS SERIOUS BITCH SLAPPING

Why? It is all propaganda.

The trend is up up up, and the rest if following. But Bitcoin Cash is ridiculous.

Thats awosome..
Thanks for share

good post brother

This post has received a 42.86 % upvote from @azziz thanks to: @azziz. They have officially sprayed their dank amps all over your post rewards. GOOD TIMES! Vote for Aggroed

Bitcoin has been on such an incredible run! It's fallen slightly since this was posted, now sitting at $4544

How long can this first mover advantage last? The tech is not as good as some of the blockchains currently out there, but the public persists. I just feel weird investing in tech I think is inferior, but obviously those that are investing are making a ton of money.

It's something to think about but for now, and probably for quit some time, the trend is up. In the end the amount of support there is for a crypto (or product) will set the price. Just be involved and if a flippening is coming up trade in time!

That's true, the technology that is superior is the technology that has the support!

BTC, BCH, ETH deserve the main focus i.m.o. Let's ride the train and see what happends :-)

Bitcoin is gaining now, but when the legitimate user who use crypto as there daily means of exchange. Steem would be the best choice. 0 transaction fee and quick. Opposite of.BTC. The time for steem is just around the corner now.

Bitcoin is a pillar of cryptocurrency. Many of others are just forks.

Ticket to the moon is real :D
BTC goes high, but what about huge commissions and confirmation time???

If only I had a time machine

A Different View Of Why Bitcoin Will Hit 1 Million Sooner Than We Think! -

Nice to see your blog and you post for the first...

I no longer am surprised when I see stuff like this. I remember years ago when I never thought Bitcoin would ever reach these heights. Amazing stuff