Bitcoin going to take out golds price this month ?
Currently one ounce of gold is 1238$ and BTC is at a little less.
In just 10 days we will know final info on Bitcoin ETF approval and markets are looking good for this event.
BTC crossed 1000 GBP for the first time ever
1 mBTC is worth over 1 Pound now!
mBTC is called milibits, this is a system used on most markets/ebay style where you hardly spend as muc has 1 BTC so prices are going from mBTC.
VisionApartments accepting BTC
Its a service like AirBNB and now they accept BTC for all payments - https://visionapartments.com/en-US/Home.aspx
Kraken Buys Cryptowatch
https://cryptowat.ch/ is a decent platform for creating and reading cryptocurrency charts. From today Krakens clients can use the premium services there for free.
Bitcoin ETF Predicted at 51% Chance now
Currently BitMEX market predicts 51% chances for approval.
Prediction market on Bitshares is also showing positive green light for now
Think ETF Will Be Approved ?
If you believe so, grab as much BTC as you can and leverage them for long on SimpleFX, Poloniex, BitMEX, or BitFinex. If nothing stops this train this is the easiest trades ever.
You are not sure? You can hedge.. Keep some BTC yet bet on prediction markets for it to go down and short it. There is many ways, please do your own research before doing any trades if you never did that before!
Follow, Resteem and VOTE UP @kingscrown the creator of http://fuk.io blog for 0day cryptocurrency news and tips!
Want to let me curate for you and autovote my new posts? Join my TRAIL https://streemian.com/profile/curationtrail/trailing/199
Hello @kingscrown,
Congratulations! Your post has been chosen by the communities of SteemTrail as one of our top picks today.
Also, as a selection for being a top pick today, you have been awarded a TRAIL token for your participation on our innovative platform...STEEM.
Please visit SteemTrail to get instructions on how to claim your TRAIL token today.
If do not wish to be promoted by SteemTrail, please reply with "Stop" to opt out.
Happy TRAIL!
The prediction fulfilled, we have passed golds price today.
I don't care to much about an ETF being approved. All the news I've read is pointing to the asian countries being the driver of BTC's latest rise to record highs. I'm also hearing very persistent rumors that China is going through all of it's internal exchanges to wipe out the fraud before officially adopting BTC for it's One Road project.
BTC/Silver/Gold are all winners if one takes the long view.
Or just buy ETH. The upside is much higher and the use of Ether goes far beyond just currency. Just my 2 cents.
I haven't made the time to research ETH yet, although the exchanges make them easy enough to obtain so I have a few as a pure curious speculation. Either way the future is going to be awesome.
I made a chart - goes back as far as Bitstamp has been trading Bitcoin. Gold is the black bars and Bitcoin is the orange line
My view of the drivers - currency controls in China, India and Venezuela. The ETF approval is pretty uncertain. I found someone prepared to put a number on it 10 to 15% https://vinnylingham.com/preventing-another-bitcoin-bubble-98dee44e2c7c#.iep9uqk4w
I like it! Not much time till we know whats up
Guess I will find out in a few more days if my prediction is accurate. I've been saying it will peak at $1400 since Oct - though I expected it to happen last month. But as is always the case - just speculation.
Yeah 8 days or so since 11th is Saturday :)