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Crypto enthusiasts have probably been anticipating Bitcoin’s global interest and adoption for some time now, and 2017 seems to be the year for that to happen. January saw the currency trading at $1k, while the last two weeks saw it jump from $10k to $14k and then to $18k. Some exchanges even reported Bitcoin’s price breaking the $20k barrier. Its market cap of over $300 billion last week even surpassed that of Visa. Full article: http://cryptobible.io/comes-next-bitcoin/
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Tai Lopez is a prominent investor and analyst. He has stated that if the world’s millionaires allocate merely 1 percent of their holdings into bitcoin, the bitcoin price could reach $60,000 in the mid-term. Source: http://cryptobible.io/bitcoin-reach-60000/
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Charlie Lee (Litecoin creator and former Coinbase executive) discussed the future of bitcoin, Litecoin, and the cryptocurrency market in the long-term. Lee offered his viewpoint on a wide array of cryptocurrency-related topics including the short-term price trend of Litecoin, current regulatory frameworks for the cryptocurrency market in Japan and South Korea, and the usage of bitcoin and Litecoin as actual currencies. Full article on: http://cryptobible.io/japan-south-korea-regulations-good-bitcoin/
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On 7th of December the bitcoin price has surpassed $18,000 in South Korea. The average price of bitcoin in the global market across major regions including the US and Japan remains at $15000. Thus, in the South Korean bitcoin exchange market bitcoin is being traded with an average premium of $3000. Read full article: http://cryptobible.io/bitcoin-rises-18000-south-korea/
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Vancouver’s Hut 8 Mining Corp has announced plans to create “North America’s largest bitcoin mining datacenters”. The ambitious plan will see the Canadian firm partner with mining specialists Bitfury. It will provide hardware, software and maintenance. Even though they need to raise funds, the deal is expected to be completed in 2018. Full article on: http://cryptobible.io/bitcoin-mining-north-america-will-huge/
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tnx a lot for the advice!
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Albert Wenger, a Union Square Ventures (USV) partner, recently shared his views on the cryptocurrency ecosystem. He made it clear that he feels the current $300 billion market cap is just the beginning of the journey. As an example, he says that he finds it instructive to look at Amazon’s stock chart. With time there is a high chance the same will happen with cryptocurrency. Source: http://cryptobible.io/cryptocurrency-will-worth-trillions-dollars/
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