Bitcoin Trades Above $5,000 for First Time Ever
LONDON (Reuters) - Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 percent to chalk up its biggest daily rise in over two weeks.
Bitcoin, the original and still the biggest cryptocurrency, has been on a tear recently, rallying nearly 75 percent in barely a month.
It has chalked up a more than fivefold increase in price since the start of the year.
Bitcoin just crossed the $5,000 mark , but that's just the beginning. As investors prepare for Bitcoin Gold Hard Fork, more purchases of Bitcoin would be made.
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Also, with Amazon's Earnings Conference Call just around the corner (26th October, 2017), and speculations that Amazon would announce the acceptance of Bitcoin on their website, there's a crazy rush to own Bitcoin before that announcement is made by Amazon as this would lead to a serious skyrocketing of Bitcoin value.
With these two serious events, a lot of major currencies would go up several fold, Bitcoin should be hitting $10,000 by December.
See fulls post, along with my investment recommendations here: https://steemit.com/cryptocurrency/@crypto4everyone/bitcoin-gold-hard-fork-a-great-investment-opportunity-you-can-t-afford-to-miss
and here: https://cryptoforeveryone.com/the-biggest-cryptocurrency-investment-opportunity-for-fall-2017/
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