Ledger Nano S

Ledger Nano S - The secure hardware wallet

Wednesday, August 30, 2017

Bitcoin So High Above The Bubbles They Can't Be Seen

Bitcoin So High Above The Bubbles They Cant Be Seen


Since its first big spike in growth and subsequent plummet with the Mt. Gox hack, Bitcoin has been labeled a bubble waiting to burst. People have likened its growth to many different bubbles, most notably the dotcom boom in the 1990s.

However, the truth of the matter is that Bitcoin keeps breaking barriers as it reached another all time high this week. In fact, a closer inspection of the growth, and the eventual burst of the associated bubbles shows that Bitcoin is so far off the charts that it looks like an absolute outlier.

This year alone, Bitcoin has surged over 350 percent as it reached $4,650 coin. However, it is not the only one driving the market for digital currencies.

"The entire market cap for digital currencies is up near 800 percent this year as other cryptocurrencies experience huge gains, some even more than Bitcoin."


Full story at http://bit.ly/2wJGGQb


Source: CoinTelegraph


Tweet This Story

 

 

 

Donation:
If you appreciate the things I share, consider making a contribution
no matter how small via PayPal or with TransferWise (EUR).
If you use Bitcoin you can send donations to my Bitcoin Wallet:
12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Copy and paste this code into your pages.