Bitcoin price surges over $40,000 for first time in year and a half

[Hanno Labuschagne]

Bitcoin price surges over $40,000 for first time in year and a half

Bitcoin topped $40,000 (R746,180) as the largest digital asset extended a 2023 rebound on expectations of interest-rate reductions and greater demand from the exchange-traded funds sector.

The token added as much as 2.9% to reach $40,867 and was just shy of that mark as of 10:33 a.m. Monday in Singapore, taking its 2023 jump to 146%.

[Bloomberg]

 

[Hamster]

 

[Jet-Fighter7700]

what goes up, WILL come down, BTC was close to a Million ZAR at one point.

 

[Randux]

Buying when doom and gloom articles were being published and hodling is paying off.

 

[wingnut771]

what goes up, WILL come down, BTC was close to a Million ZAR at one point.

and it was also R3000 at one point. Its now on R790 000.

 

[SlowInternet]

Didn't it originally start at something like $2 or $5 when it started?

 

[Random-Hero]

Everyone spending there Krismas bonusses on Bitcoin

 

[Dan C]

Everyone spending there Krismas bonusses on Bitcoin

No, I'm spending my Bitcoin on Krismas gifts.

 

[Tabac]

what goes up, WILL come down, BTC was close to a Million ZAR at one point.

I'll be selling at a million ...... And you ?

 

[saor]

what goes up, WILL come down, BTC was close to a Million ZAR at one point.

No shirt. That's the whole point of buying low and sell high.

 

[Jet-Fighter7700]

I'll be selling at a million ...... And you ?

2 million, if it ever gets that high.

 

[Swa]

Sold everything. Crash incoming.

 

[wingnut771]

Sold everything. Crash incoming.

When?

 

[mr_norris]

We are deep in the pump, now we just wait for the dump.

 

[gustavo07]

People still suffering from bear market PTSD.. Max pain is higher

 

[Petec]

Didn't it originally start at something like $2 or $5 when it started?

Ye, back when it started, a couple of mates setup mining rigs, and I could have bought at R150, arounds there.
True Wild West days back then, LOL

 

[Swa]

When?

Just now, got rid of the last R50 Bitcoin.

 

[wingnut771]

Just now, got rid of the last R50 Bitcoin.

No, when is it going to crash to zero?

 

[L-Dog]

ATH before end of next year, might not stay there but will reach it for sure

 

[Swa]

No, when is it going to crash to zero?

Hard to say. Could be days, weeks, or months. More to the point it will probably not go much higher than what it's been hovering at as it's majorly oversold and there's massive selling pressure.