The cryptospace has gained $20 billion for the second day in a row and now sits at $294 billion total, led by bitcoin which also has had its second straight day with a 8% gain and now sits just shy of $9,500.
From bitcoin’s inception, it took 1,789 days for it to break $1,000. It then took 1,271 days to gain another thousand and break $2,000.
And since then, it has just gone turbo.
$0 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
And now bitcoin is over $9,000!
And with bitcoin at $9,400, Bitcoin Cash at $1,600 and Bitcoin Gold at $350, the total value for those who have held bitcoin since August 1st is $11,350!
In the not so distant future, it is quite possible that those who are considered to be very rich will be known as "having a bitcoin”. If you have more than one, you'll likely be known as being incredibly wealthy.
Stick with us here at The Dollar Vigilante, where we’ve been covering bitcoin since $3 in 2011 and cover the entire cryptocurrency market like no other… and our subscribers have profited massively.
We just took a poll on our private subscriber’s Facebook page asking them how much they have profited from bitcoin and other cryptocurrencies. Here are the responses so far:
It has only been 2 hours since the poll was posted but there have already been over 60 responses and nineteen people have made between $10-100k, 16 people have made between $100k-$1m and three people have made more than $1 million!
Needless to say, we have a lot of happy subscribers! With bitcoin at yet again another all-time high, we’ll again offer a discount to the TDV newsletter and membership to our worldwide community. You can access it all by clicking HERE.
Next stop $10,000!
Hey dollarvigilante,
Thanks for the great content
Hahaha Dragonball Z really funny :)
Great. Hope the rally will continue.
Pretty exciting times. I am shifting slowly into some silver,but also thinking I could just quit putting into my 401K and place a weekly order for Cryptos, then buy more silver. No USD-based asset seems safe now that everything is in a bubble (except silver, if that's in a bubble I'm phucked). Glad I did not go "all silver" with my profits at BTC=4Kusd, like I had planned on doing! I have learned on thing from BTC, move your eggs to different baskets but leave no basket empty.
I will keep my 401K it is a very different basket. Unfortunately the silver bug bit me when the price was $25 so i am HODLing silver very long!.. another basket. Crypto has been great this year but I am going to have to try and set myself a firm target for % of net worth in crypto. There are some that say 2% and some that say 5%. Once i pick a number then I have rational reason to harvest earnings from crypto into other non correlated investments. Otherwise like you at $4000 for Bitcoin I can never get myself to sell any because it could go to $10,000 like it just did! As for balance within the cryptos, strangely for me Ether jumped more this year on a percentage basis and so i am overweight Ether vs Bitcoin. Which means I should be selling Ether to buy bitcoin which also seems hard to do at these prices. Rules help me. Crypto is worse than stocks for emotional decisions!
I make my pland in advance and stick to my guns, sold my BCH at 600 and bought BTC. Working out well.....now. I am considering some bch before BTC correction occurs. Also....Earn some crypto! Steem is a small income but it is an income. Next up PoS coins!
Agreed. My favorite there is Neblio. The continuous income has been great and I prefer it to NEO which accumulates GAS and therefore does not compound as well. Of Course Steemit is even better depending how much time you have available for it.
Tell me about it... The few baskets i left empty are now multiplied in value... Never leaving a basket empty again
I checked my Dash wallet to see what was left. Do not remember blowing all 6 coins but my portfolio tracker was not matching the Trez......
Bitcoin and the whole crypto market has EXPLODED and there is no stop in sight. I am in infinitely excited for the future!
Thanks for sharing!
Over 9000...I knew Dragonball Z was going to pop up somewhere here on these posts lol.
Thank you very much for the news that I gave to Bitcoin's new business
It is good for those who is holding and mining tons of btc. Peope like me and other poor cannot afford at all. All systems are available for rich.
neither could afford miner nor a bct.
Bitcoin is the second coming. BTC to the moon!!
Nice poll. I pulled a small percentage of profits made a few months back to buy an older model sports car (I blogged about it here) I always wanted since high school. I could hodl my whole life, or have some fine while living. Won't let go of anymore for a few years. Maybe I'll be in that $1,000,000 - $10,000,000 zone by then!
Thanks for all you do for the crypto world! Looking forward to the future!
Bitcoin will raise to 15,000$ by the end of January 2018. Mark my words.
This is always great to hear. The bank run currencies are going to fade away eventually. What interesting times we're living in
Choo Choo
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So if I write a nice line here, I get tokens too? Hmmm