Quote from: Predator25 on November 07, 2017, 10:48:20 AM

Quote from: deisik on May 19, 2017, 01:17:08 PM

Quote from: cryptogeek101 on May 19, 2017, 09:39:39 AM

Bitcoin is moving to $2000 today. What is the impact of this geometrical price movement to the world financial system? Let us discuss.

In just one word, nothing

In more than just one word, the price itself is meaningless outside the exchanges (since Bitcoin is not used in real life), so there is no way it can affect the world financial system. And it is not the price alone which matters. If someone sold 1 satoshi for 1 dollar, would that mean anything? Apart from that, the price can easily lose all reference even between exchanges if there happens a thing which I called Bitcoin Big Rip. With higher prices we will see higher volatilities (in fact, we are already seeing them), up to a point where volatility becomes comparable to price itself. That would be a Big Rip event or moment

As of now the bitcoin prices rises up and its too high for me that bitcoin reaches $7k and by holding tokens i have its good for me to sell it now because the earnings or income is high too. As we can see it continue rising up. And hope it will continue as the time passes by.

Bitcoin's price is continuously increasing day by day.It is now at $7200.It is expected to reach $10,000 at the end of the year.It is a really good news for all of the bitcoin users.If you want more profits,then you need to save your bitcoins if you have any.You can invest some of your bitcoins because in today's date bitcoin's price is high so you will get very high profits in a very less time.Signature campaigns are now also giving high payments as the price is getting increased.In the last eight years it has reached a new height.