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Yesterday, while a number of banks were closed, bitcoin decided to break another significant psychological barrier, and is now trading at above $100 USD per coin. At the second, Bitcoin is trading at $118 USD/BTC. There is very little resistance to additional cost increases, so expect the price of bitcoin to rise extremely rapidly over the subsequent couple of weeks. These are also record highs for the forex. You can view the cost of bitcoin increase and fall here, as nicely as see what the record books for asks and bids are, which will help you figure out how easily it would be to move the price to a particular point.
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Haters gonna hate. But the least he could do is refrain from wild speculation about topics he obviously has no expertise in, especially when writing about the dangers of wild speculation. Little bit shock, totally free markets don’t behave exactly how central planners want them to. It’s a risk we all accept.
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