Bitcoin reaches maximum of several weeks despite the continuous increase of alternative currencies
Bitcoin was up 11 percent going into Friday to hit its highest price since mid-December: a currency was worth $ 16,920, according to cross-data from stock exchanges.
The exchanges tracked by Coinmarketcap registered a maximum average trading price of just under $ 17,000 the previous Friday, before a slight correction caused Bitcoin to return to $ 16,000.
The performance is encouraging for homeowners who have experienced a decline in their profits as alternative currency markets continue to rise. The trend marks a pause after several weeks of bearish action for BTC, which was not corrected immediately after falling from $ 20,000 to around $ 13,000 last month.
On social networks, casual operators were considering Bitcoin's investment would continue, noting its impact on alternative currency markets.
the alternatives bounce because of this .... BTC is an investment pattern There are many questions flying at this time about BTC.
1 I do not know when / WILL continue to increase. But, I think, personally, it will.
The optimism of known figures meanwhile has remained firm, despite the new interest in Ripple by investors and the mainstream and the continuation of the advertising maneuvers of the Bitcoin Cash proponents.2 I'm waiting patiently. I need patience in this game. I'll buy when it's even lower. I think another fall is coming.
An alleged compromise on Thursday caused the #Bitcoin Twitter account to begin publishing pro-Bitcoin Cash content, listing a graph of the main proponent Roger Ver comparing the perceived benefits of the alternative currencies and Bitcoin.
In marking the event, online media commentator WhalePanda also congratulated a theory circulating in Reddit about current price movements in the Bitcoin and alternative currency markets.
"The big players can not accumulate Bitcoin without moving the price too much, so they pump and download alternative 'cheap' coins to accumulate Bitcoin," summarized the idea, originally published on Reddit.
The success of Ripple turns its president into one of the richest in the world while Zuckerberg envisions the cryptocurrencies
The president and co-founder of Ripple, Chris Larsen, has benefited so much from the bull run of the asset that he could be the richest person in the world.
That's according to BitFury CEO George Kikvadze, who tweeted Larsen's likely personal wealth gains last year.
"At Ripple's implicit market value of $ 320 billion, Chris Larsen with his 37 percent stake has become the richest person in the world by passing (Bill Gates) and (Warren Buffett)," Kikvadze said Wednesday. .
The Ripple XRP token has delighted investors in 2018 with profits of more than 35,000 percent, much of what took place in recent months.
When firing at maximums above $ 3.60 per token, only Coinbase's announcement that it had "no plan" to add new assets, including XRP, was able to lower prices somewhat.
On the subject of Larsen meanwhile, Forbes gave a more conservative perspective, however, placed the co-founder's wealth at up to $ 59 billion.
"That would have put Mr. Larsen ahead of Facebook CEO Mark Zuckerberg in fifth place on the Forbes list of the richest people in the world," the New York Times commented on the data.
Zuckerberg had casually suggested plans to integrate cryptocurrencies with "services" from Facebook, still unnamed, this week, announcing in a publication that he was "interested in deepening and studying the positive and negative aspects of [technologies such as encryption and cryptocurrencies], and the best way to use them. "
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I hope this is something that has served them this information that I have just supplied because very few people know about this I hope you have gone and your liking and that this topic is very useful to learn a bit more about bitcoin and for those who they support me at this time how @hr1 @transisto @marketingmonk @broncnutz @terrybrock @firepower @haejin @boxmining many THANKS and success for you I hope to continue counting on your support as I will continue working hard to continue contributing a little more to this community.
The rocket is back. LOL
Bitcoin is so great for the overall momentum of crypto. I just hope it rises nicely and doesn't draw all of the market cap out of alts while it does this time.
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