6 years ago
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You Thought a $4000 Bitcoin Price Was Big, Just Wait -- $5000 Is Coming
The world erupted in excitement when the bitcoin price hit $4000 USD for the first time in history. Get ready to celebrate again: $5000 is on its way. The bitcoin price hit last week’s technical goal, which propelled the markets into a big upward movement. A bubble could be starting, evidenced by the abundant volatility emerging at the first support of $3500. If that support does not hold against the volatility, the next one should emerge at $3000.
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First of all: dammit. Last year I had some money and thought of buying five Bitcoins. But the workspace needed upgrading and I thought there would be another chance. But to no avail.
I think that bubble might burst sooner than the article hardly anticipates. There's a new player active since 2014 and makes use of technology no other country does: large scale quantum networks. That network for the NEO blockchain is nearly in operation and no other technology is capable of hacking it.
Side-note: You can disturb it pretty fine, I guess. It needs one "observer" in that network, since it works on entanglement. ;-)