BITCOIN: Over 10,000!

[Текст на српском] A great psychological barrier of $10,000 has fallen much faster and easier than most optimists expected. At the end of the day, November 28th, Bitkoin first touched the borderline, during the night ran it over without looking back, and today it touched $11,000!



Just like a few days ago, [when we announced a breakthrough over the $9,000 limit] (@lighteye/bitkoin-groznica-je-pochela), the reasons are in the institutional adoption, the large spread of the ATM network, and mass adoption in the countries that have entered into major financial crises: Japan, India, Venezuela, Argentina, Brazil, Zimbabwe… and every day there are more of them.

Timothy Maxwell Keiser, the host of “Keiser Report” — @keiserreport at Steemit — provides another good reason:

“I think we are seeing fiat currencies in a hyperinflationary collapse against bitcoin.”

He does not expect major correction before bitcoin reaches $25,000, and then it could become “something of a financial black hole” and all cash that is currently invested in stocks and bonds is moved over into bitcoin. t will lead to a stock or bond market crash, or both, as “we see the price of bitcoin move into that $25,000 range.“

„Bitcoin is a perfect currency, something that is utterly changing the global finance and market and is putting banksters and the central banks out of business,” which, according to Keiser, “should be applauded because they’ve been horribly bad actors. We need to get rid of them and let bitcoin transform our world.“

— Max Keiser

Advice

Max Keiser is the former stockbroker, and he knows what he's talking about. His recommendation for anyone who wants to enter bitcoin at this time, is following:

„Don’t just buy a bitcoin without knowing about it first. That way, when a correction does come and it inevitably will, you have some intellectual foundation to keep you in the game and to not panic sell. If you panic buy you could just as easily panic sell.”


Short history of an explosive rise

BITCOIN: The Fever has Begun! (9000)
(November 27th 2017)

BITCOIN: A new limit breakthrough! (8000)
(November 22nd 2017)

BITCOIN: Entering the Mainstream (7000)
(November 2nd 2017)

BITCOIN: Brilliant Future? (6000)
(October 21st 2017)

Bitcoin savagely broke the $5000 limit! (5000)
(October 12th 2017)



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