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RE: Bitshares up by 314% in just 1 week! 🔥

in #bitshares • 7 years ago

Looks promising. Might be pumping but doubt so. All cryptos are going nuts following the bitcoin. It's a bonanza all over the place. Glad that Bitshares made it.

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I also think the same, the current rise in bitcoin price and the way the way mainstream media picked it up has really helped spread the word about cryptocurrency especially to those when it was at $200 in 2015 they were saying its inflated and will collapse.

How wrong they were!

Bitcoin is destined to go beyond this current price. It's used almost for every ICO, used as a gateway currency, for mining, for buying/selling, exchange platforms. It's the US dollar of blockchain market. I don't see it going down anytime soon. Thousands of projects are being funded with Bitcoin and many more common bussineses are adopting it as a way of payment. It's good for Steem too. Because Bitcoin and blockchain popularity means Steemit and Steem popularity and price growth aswell.