Bitcoin goes mainstream…look for rise in price soon…
Bitcoin Storms Wall Street
“Yet Bitcoin has certainly seemed like getting free money this year. Despite some sharp reversals, the price of Bitcoin has mostly been on a one-way ride, rising nearly 1,000% since the start of the year to $10,500 on Friday.”
“Coinbase, the largest cryptocurrency exchange in the U.S., surpassed 10 million accounts this year, adding 100,000 new accounts in just three days over Thanksgiving week. (Unofficial counts put the number at more than 13 million, ahead of Charles Schwab accounts, at 10.6 million.) Exchanges and trading houses are reporting soaring institutional volume, too, from five to 10 times last year’s activity. Over the past 50 days, a daily average of more than $1 billion in Bitcoin has been traded globally, according to Chris Burniske, co-author of the book Cryptoassets.” https://www.barrons.com/articles/bitcoin-storms-wall-street-1512188427