Topic: [2017-11-05Bitcoin Price Achieves New All-Time High at $7,598 (Read 234 times)
Another ATH achieved by bitcoin today. Damn. Last January, we barely touch $1000 and now its more than $7000. Can really imagine that it can be done in less than a year. Japan and South Korea has really pushing the price of it and "encouraging" is now shown on the trading volumes these 2 countries are doing. Its like a race between these 2 Asian giants. The only thing remains is what gonna be the price at the end of the year? $10000 possible?
Once again, the bitcoin price has achieved a new all-time high at $7,598 on November 5, as the market continues to be optimistic about the mid-term performance of bitcoin.
n Japan and South Korea, two regions in Asia that are known to have extremely conservative investors and traders, have seen an exponential increase in the demand for bitcoin from local traders. In an interview with Nathaniel Poppers of the New York Times in October, Korbit founder and CEO Tony Lyu emphasized that once people are invested in South Korea, they encourage others to join the “party.”
“Word just spreads really fast in Korea. Once people are invested, they want everyone else to join the party. There’s been this huge, almost a community movement around this,” said Lyu.
Source https://www.cryptocoinsnews.com/bitcoin-price-achieves-new-time-high-7598-market-optimistic/
n Japan and South Korea, two regions in Asia that are known to have extremely conservative investors and traders, have seen an exponential increase in the demand for bitcoin from local traders. In an interview with Nathaniel Poppers of the New York Times in October, Korbit founder and CEO Tony Lyu emphasized that once people are invested in South Korea, they encourage others to join the “party.”
“Word just spreads really fast in Korea. Once people are invested, they want everyone else to join the party. There’s been this huge, almost a community movement around this,” said Lyu.
Source https://www.cryptocoinsnews.com/bitcoin-price-achieves-new-time-high-7598-market-optimistic/
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