Bitcoin Breaks the $2,000 Mark as Cryptocurrencies Continue to Explode Higher

in #money7 years ago (edited)

Bitcoin has just broken through the $2,000 level according to the CoinDesk Price Index.

The last time it traded below $1,000 was on March 26th, meaning it has doubled in the last two months. And the last time it traded below $500 was less than a year ago, on May 26th, 2016, meaning it has quadrupled in the last year.

Of course, we’ve been talking about it since it was $3 in 2011.

And here is a flashback from when I was on CNBC in April, 2013 when bitcoin was around $100 and had a total market capitalization of only $1 billion. As of today bitcoin has a market capitalization of over $32 billion!

The entire cryptocurrency space continues to rocket higher as well. There is nothing but green, and big green, on the board for the top cryptocurrencies:

Many of the top cryptos are ones we featured to subscribers (subscribe here) at much, much lower levels such as:

  • Bitcoin 67,366% gain since 2011
  • Ethereum 5165% gain since January 27th, 2016
  • Monero 1561% since August 18th 2016
  • Dash 475% since February 14th, 2017
  • Steem 740% since March 29th 2017

All five of those are currently in the top 11 cryptocurrencies in the world.

And we’ve recently featured a few much smaller ones that could potentially skyrocket as well. You can get access to our latest issues of the TDV newsletter for subscribers here.

I’ve advised subscribers to be prepared for a pullback as nothing can go up forever. So, you can access my analysis and advice on what to buy and sell in the cryptospace for a discounted price here.

While we’ve made fortunes for our readers, viewers and subscribers over the years, we aren’t actually fans of cryptocurrency because of the massive gains it has offered us.

The reason we are fans is because people like Barack O’DroneBomber and the globalists that are behind all the theft, wars and poverty in the world today despise bitcoin and are flummoxed as to how they stop it.

In that video, Barack says we need to stop bitcoin to stop child pornography.

But it is him, Killary Clinton, John Podesta, globalist/zionist bankers and the Royal Family who are the biggest child traffickers in the world. Just look up Pizzagate for starters. Or Boystown.

Or hear it direct from this ex-Dutch bankster who quit when he was told to sacrifice children at an Illuminati party.

Barack then says that the reason we need to stop bitcoin is because of “terrorism”. But it is the US government, NATO, CIA, FBI, UK, Israel and other governments who are the biggest terrorist organizations in the world. 9/11 is just one of dozens of terrorist attacks committed by them.

And then Barack gets to the real reason why they want to stop it, saying, it stops them from doing “Simple things like tax enforcement. Because, if in fact, you can’t crack that all.. Government can’t get in, then everyone is walking around with a Swiss bank account in their pocket.”

And, that’s the real reason we love cryptocurrencies, because it will stop the unconstitutional extortion by the IRS of trillions of dollars per year which is funneled through to the Satanic military industrial complex at the Pentagram and the terrorists and the child molesters who operate the government and the central banks.

The Illuminati better do something soon to stop cryptocurrencies before it takes down their whole power structure and they are exposed as the criminals that they are and are made to pay for their crimes.

And there is no way to stop cryptocurrencies without turning off the internet. So, get ready for the internet kill switch soon.

Oh, what a surprise. The Prime Minister of the UK, Theresa May, came out yesterday with a new plan to get rid of the old internet and create a new internet than can be “controlled and regulated by government.”

The timing is surely a coincidence.

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I think in my opinion it will keep plowing up maybe 2,300-2,500 range then come down for a few ... but long term hit over 1 million USD per bitcoin in today's dollars

Also I think in due time the game of music chairs will end on these two things causing the value of cryptocurrencies to shoot to the moon.

The purchasing power of the dollar is falling

The fraud in over promised metals paper markets


People will realize there money is being printed away and non-physical gold promises are not there either. Trust in paper anything will take a huge hit. Then... Crypto and Physical Assets will be greatly sought after.

Pocket Change is going to do a Moon Shot... Read my Blog titled "Bitcoin Verses Common Coinage"...
@pocketechange

I get to say I told you so to some of my "stick in the mud" friends who thought I was crazy!

$10,000 is just around the corner !!

1 million is also not far away.

I kept thinking it wouldn't be till 2020 it would be worth that much. I'm starting to change my mind. Definitely by next year I think.

people are really starting to catch on... it's very exciting!

Does this mean that I'll finally be able to get a refund on the TDV Immigration program you didn't deliver on? Here's my story: https://steemit.com/jeff/@rich-meister/jeff-berwick-and-tdv-immigration-passport-scam-my-story

It is just like nature: take it or leave it, but..... grab it as you (still) can, catch the GOLD

https://steemit.com/photography/@beesteem/lazy-tiger-day-in-the-zoo-grabbing-a-heron-darwin-award

WHEN ?

What goes up - must go down. The question of the month : WHEN?

Just don't get me wrong.
At my 63yr, I still strongly believe I'll see $100K per coin

The future looks bright!!

Should have bought more at 784

still a great time to buy. you snooze you lose and we don't want you to be a loser.

Thanks for keeping us up to date. You are the bearer of good news to many lives. 🎯

I have been telling my friends about Bitcoin since they were $18. They laughed at me.

Nobody is laughing now.

This is the Internet of Money. This is how Governance and Banking should be ( Completely Decentralized). In crypto we trust. Thnaks to Satoshi Nakamoto and also cheers to Jeff for this Great Work!!!!!!!!!!!

Thx for the insight Jeff!

Very good article @dollarvigilante. Enjoy your style.

thanks Jeff,
see you at the International Metal Writers Conference in Vancouver

Another great post! In reference to the internet kill switch. If that does happen what do you think will be devised to get around that problem? Also what odds do you give for that possibility to happen?

Exited, hope it keeps climbing!

There will be money $$$$!

Great post!!!
Thank you!!!!

Great post, Thanks <3

It's never too late to buy Bitcoin, Dash, Monero and Etherium.
Cryptocurrencies like Gold are our freedom insurance in cashless society.

Interesting article. Thanks for posting!

Nice Work! I followed you. Will you follow me.

Probably hit 10 grand by this time next year.

A lot of good information, thanks brother

Should I buy some and see what happens?

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This is good.

Time to begin celebrations! I'm looking forward to it hitting $10,000. Maybe by then my $20.00 worth of Bitcoin can buy me a very good meal. 👍🏼

After years of ridiculing me and telling ME to 'wake up' (😂😂😂😂😂) My sister, after hearing my BTC amount in euro's, said 'maybe I should get some myself' 😂😂😂

Cool info. Might I suggest that you make it a habit to upvote your followers on a regular basis? To me its like saying thank you for following me and upvoting my stuff...

this is some serious rally folks. A few days ago we were taking a breather at 1700, everybody looking for a correction. No correction whatsoever. The momentum right now is enormous.

great news....

What a great post, very informative! Keep the great content coming!
I just wrote my 2nd article on Steemit: https://steemit.com/money/@jdawg/diversify-out-of-the-dollar
please vote and resteem!

Regarding the statement"And there is no way to stop cryptocurrencies without turning off the internet". There is another possibility - the so called "pump and dump" - strategy. Meaning funds and banks can get into crypto currencies, drive the price into the stratosphere, cash in the profit, crash the market and herewith discredit the crypto currencies as such.