The cryptocurrency known as Bitcoin has topped $2,000 today, making many many nerds with supercomputers rich. I have a lot of history with bitcoin and use to trade it often. I sold every last one around $1300 and missed the latest leg higher.
The coin really is easy to purchase and can be useful for many people around the world. In my dealings, I’ve found coinbase.com to be one of the safest place to buy bitcoins. Also, BitcoinWisdom.com has some great charts of the cryptocurrency for those interested. But, I don’t advise buying up here.
One fellow on Twitter asked me where does bitcoin go from here? $4,000 or $500? I told him I wish I knew. It either trades to something crazy like $8,000, and dies from there, or maybe it starts to trade in a range, similar to gold.
Maybe you guys can help this young lad on Twitter. What does Bitcoin hit first? $4,000 or $500? Vote in the new poll below:
Where does Bitcoin hit first?
— Cajun (@RaginCajun) May 20, 2017
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