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RE: Bitcoin Gains ~$300 in a Day! - About to SMASH the $4000 $CAD mark!! | BTC/USD = $2895 (high) after last wkend correction. WE ARE OK FOLKS!

in #bitcoin • 8 years ago

shouldnt there be some cause for concern when things go parabolic with no actual spark to set it off?

8 years ago in #bitcoin by
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     8 years ago (edited) 

    Are you reading crypto currency news regularly etc?? Because there is a lot happening, it is rarely ONE event or a spark when you see something like the BTC growth that MATCHES what is going on in the total space.

    45% of the market cap is bitcoin, that means more than half the now $100B MC is NOT bitcoin.

    I am assuming you know this and watched the market cap gains in the total space.

    • and saw it cross the $100B market cap rate for the first time last nite around 8 pm EST.....
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       8 years ago  

      nope.. didn't know this. Where is the hot money coming from? Mostly Asia? Are they diversifying because something else is happening.. that's more my question.

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         8 years ago  

        There is so much happening. Daily.

        Don't forget that like 6 weeks ago Japan declared BTC as an actual official currency too.

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