Why is Bitcoin pumping so high? https://www.reddit.com/r/CryptoMarkets/comments/7ftupq/here_is_a_theory_on_the_bitcoin_recent_price_rise/ Could this be the reason? I think it’s more likely people are getting into Bitcoin at a faster and faster rate. For example, it took 8 years for the cryptocurrency market cap to reach $200B. It only took 24 days to get from there to $300B.
All this money entering crypto, on the road to main stream adoption, all this money has to go somewhere.
Coinbase is trending on the App store:
https://twitter.com/iankar_/status/934983165747318784
- iankar_
https://www.reddit.com/r/Bitcoin/comments/7fu1u5/coinbase_1_trending_on_the_app_store/
Number 1 as of right now?
There’s many reasons why it should be as well. This one’s close to my heart: https://www.reddit.com/r/Bitcoin/comments/7ftdsw/a_little_something_i_made_to_showcase_one_of_the/
Tony Hawk, famous pro skater, is a Bitcoin enthusiast: https://www.reddit.com/r/Bitcoin/comments/7frlnr/birdman_is_one_of_us/
85% of crypto users are male: https://www.reddit.com/r/Bitcoin/comments/7fq003/85_of_crypto_users_are_male_time_to_get_our/ While I don’t know where they got their numbers from, my YouTube analytics would seem to agree.
Apparently, men are always among the first to adopt new tech, but still. I know too many who can’t get into Bitcoin because their wives won’t let them.
Spare a moment for their wallets, would you?
As much as I find it funny that there’s Bitcoin Gold just chilling in front of Litecoin now, here’s a perspective I did not consider. https://www.reddit.com/r/CryptoCurrency/comments/7fslji/bitcoin_gold_sitting_at_5_market_cap_is_a/
And it’s going to get worse, with Bitcoin Diamond: https://steemit.com/bitcoin/@kingscrown/bitcoin-diamond-already-in-top4-coins-by-marketcap-and-how-easy-is-to-manipulate-this
A part of me likes it though. Bitcoin holders are rewarded with forked coins occasionally to sell. But it still feels a little reckless.
Interesting question: https://www.reddit.com/r/CryptoCurrency/comments/7fqq6z/if_you_had_2000_to_invest_in_cryptocurrency_to/ Can you guys let us know what you would in the comments?
Intro idea credit: https://www.reddit.com/r/ethtrader/comments/7fosdb/wolf_of_eth_street/