Guys, what happened the last couple of days with bitcoin that prompted such a sharp rise in price? The rise was only shared by litecoin. Was there anything implemented recently by these two coins that increased their value?
The USD index crashed. Something about Helicopter Janet and NIRP....
Gold and silver spiked, with blue chip miners like Hecla, New Gold, Agnico, Detour, and Pretium reaching 52 week highs.
BTC has been stable for a very long time, forming a massive foundation on which to build up.
The second block subsidy halving is ~37 days away.
Classic is #REKT, and Bitcoin is an unmatchable powerhouse of development with plans for true scaling well underway.
Litecoin is next in line to benefit from any new tech they want from it.
There is a huge wave of ICO/IPOs that require BTC for participation.
The same thing happened when Bitcoin securities were all the rage.
Monero is extremely oversold.
We just put in a double bottom at 170k.
Time to start slowly building a leveraged long position, with an average cost well under 180k.
When the MAID/DAO/etc bubbles burst, there will be plenty of money sloshing around on Polo, looking for a new home with a firmer technology base.