Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
wpalczynski
on 25/10/2016, 21:52:21 UTC
Is there any reason for Bitcoin going up?

bitcoin's not really up unless you consider 1% a significant move

https://bitcoinwisdom.com/markets/huobi/btccny

Look at 1 week chart, hard to deny Bitcoin bear market is over.  Every 1% or 2% increase just reaffirms this notion.  Rome wasnt built in a day, it will creep up slowly until FOMO kicks in and things will get crazy again.

With the state of affairs of world financial systems and institution its a perfect storm for a Bitcoin explosion.  Likely orders of magnitude better than ever before during Bitcoins existence.