Bitcoin has come back from the dead!!!

CryptoGuru Level X³

November 16, 2016, 5:11 pm

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Following crypto currency is getting exciting, but in the past 2 weeks not so much. Bitcoin had a little rally few weeks ago and then fell and found support again around the 700 range. If you purchased Bitcoin in the last few weeks you are doing well. Last night Bitcoin went up to 744 according to Coinbase, For every 10 coins you just made almost 500 bucks in interest lol. In my earlier post i mentioned Bitcoin being in the 750-800 range by the end of November. I am not to far off and i hope we hit 800 soon, and stay stable above it.

Bitcoin has come back from the dead!!!

Why the sudden pop in price? If your following my post you will have noticed that the update should have been applied. This is not the only factor though Someone purchased 500 BTC at an exchange and thats most of the reason why you see the price going up. Europe is also not doing well and some banks are looking at a Bail out or bankruptcy. This means higher interest rates on homes and cars. The fiat currencies of the world are doing bad and when some people start to see that they panic and buy crypto.

As always thank you for reading please don't forget to follow me and like the topic.

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Lynne

Oh wow Jkeyz2, you were spot on! Like always I quickly went to go and check my virtual account at eToro where I am following what it happening with my virtual $300 investment. Suddenly it is showing I would have made $70 on that investment had it been with real money LOL.

I am so excited for you Jkeyz2, this must mean a lot for you and your business now.

10 years ago

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CryptoGuru

My business is doing ok we need some more S9's so we can get more BTC daily. The price will not really impact my business until the price hits over 1200 per 1 coin maybe 1000. Then mining will be super profitable, I hope this will happen by February the latest. It could go either way Banks are trying to adopt block chain technology, but they are 10 years behind. Im glad your doing well Trading on e-Toro its a fun experience for anyone especially when you make money. Did you make money on Ethereum? When i mentioned the nose dive in one of my earlier post you mentioned that it would be a good idea to buy since the price was so low. If you purchased then and sold at 10.30 thats .50 on eac coin you have. ETH is cheaper than Bitcoin so you can buy more for your money. When you see a price increase like that one it usually means a few bucks depending on how much money you have.

10 years ago

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Lynne

Hi Jkeyz2 well I haven't actually invested in Bitcoin on eToro, I have only used their virtual account which is like a practice account.You can see what would have happened IF you had invested that amount in real life, so I can see what I would have made IF I had invested in Bitcoin. So it is interesting but no I made not real money LOL.

eToro does not have Ethereum. I did look and see if they had it available but not yet.

10 years ago

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hitmeasap

Thank you for these great posts jkeyz2!

I just did a quick check on https://coinmarketcap.com/, I don't know if that's actually accurate or not, but let me share this with you:
Perhaps you're using another site to see the value? - Or perhaps there's other options?

$302,81 .. For 1 BTC. In July. And today it's worth:

$3148,92!!! - Is that seriously the truth?! - That's an INSANE profit! - Just imagine people who bought like, I don't know, a couple of hundred BTC in July.. - That's insane profits!

I feel sorry for people who's investing right now though, when I see that HUGE increase from July. - Sure, BTC might skyrocket and be worth more than $3,000 within a few days or weeks, and that would still be a great profit if you invested right now, but when I see the value of it in July, and now.. - Just wow. I'm overwhelmed.

Thank you jkey2z, give us updates whenever you can, this is truly interesting! Bitcoin has come back from the dead!!!

10 years ago

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Lynne

Andre I have been following all Jkeyz2's posts about Bitcoin and the value and it making me sit up and take note. A little while ago I looked at Bitcoin like it is a scam and now today I am wanting to buy some heehee.

What I have done is joined eToro and I have "bought" Bitcoin using a virtual account. eToro basically lets you have a practice account so you can play around and see what would have happened if you had invested real money into a trade option. I have "invested" $300 into Bitcoin about a month ago and last I checked I had close on $75 profit.

Of course with trading you can lose a lot too but it is fun to play with!

10 years ago

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Cristian

Bitcoin is at 750 dollars at this very moment. Hope it will grow to 800 until the end of November as you predicted. Just had a look at the 1-month chart and the trend is clearly uprising:

Kind of leveling out for the last few days but still increasing a little.

10 years ago

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CryptoGuru

Yes guys this is amazing i believe im the only one who has profited from this. Its very exciting when your predictions come true! My every intention is to help people realize the worth on BTC but also to make a smart investment. I have made another post about my predictions of Bitcoin and where the price will be in the next few weeks ad months. Do i think now is a good time to invest into BTC? I would say yes absolutely especially if you can get it below 740 at the moment. We have a strong possibility with India and Nigeria coming onboard that we will see an increase of $150 or more within the next few weeks.

10 years ago

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Corzhens

As I said in another discussion about Bitcoin, the crypto currency is actually a pseudo currency and not real money. In other words, the Bitcoin is a commodity in a market with buyers and sellers. It is like shares of stocks with a value dictated by the law of selling and buying. When there are more buyers then the price goes up and vice versa. If you are dealing with Bitcoin then you just have to be aware of the market trends.

8 years ago

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