Christmas has sure arrived for bitcoin investors equally the virtual currency hitting $900 in addition to climbed equally high equally $917 on the index. Over the course of written report of the long vacation (today Christmas is officially observed) weekend a glorious roller-coaster ride higher upward in addition to below $900 was enjoyed past times some spell others grabbed that picayune white paper-bag.
Currently sitting at $904.79 bitcoin continues to overstep expectation in addition to dominate all currency functioning globally in addition to for the third twelvemonth running, bitcoin has outperformed both the USA dollar in addition to gold¹ which is currently at $1341.10.
If bitcoin continues on this trajectory it could competition the actual cost of aureate in addition to is already agency beyond the electrical current platinum² price.
Altcoin Markets
Ether in addition to Ether Classic are at $7.20 in addition to $1.04 respectively in addition to spell unopen to Dash cost simply shy of $10, all iii are rather far behind newcomer Z-Cash³ which is electrical current sitting at $43.21.
Z-Cash, a novel altcoin we've been roofing for most 1 twelvemonth now, was released of late in addition to enjoyed tremendous back upward which has evened out unopen to $50 but the volumes are significantly higher than other altcoins in addition to nearly double that of Litecoin or Ether.
We predicted the $800's close the halt of the twelvemonth dorsum inwards July in addition to 30% dorsum inwards march. Both predictions accept been exceeded expectation in addition to equally we've stated several times, the balance has been gravy. However, the query directly is volition nosotros meet $1000 earlier 2017.
My gauge is that this is real possible betwixt Dec 29th in addition to Dec 31st, but honesty if you lot took
our advice dorsum inwards March turn a profit this calendar week volition live on peanuts inwards comparison.
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