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Wednesday, May 24, 2017

Bitcoin Growth Follows Gandhi’s Famous Quote

Bitcoin Growth Follows Gandhi’s Famous Quote

The famous Gandhi quote "First they ignore you, then they laugh at you, then they fight you, then you win" is becoming true for Bitcoin as the weeks go by.

There has been a very obvious increase in overall value for Bitcoin and major alternative currencies. Just two months ago, the Bitcoin market capitalization was about $16 bln, at the time of writing, the market cap has risen to over $35 bln. This steady growth and the rise in Bitcoin price, especially as is observed since the beginning of the year has raised a storm of curiosity among the Internet.

With regards to altcoins and ICO’s, CEO, Simon Dixon believes that we are in a bubble, so all the demand is speculation driven by traders trying to gain more Bitcoin.

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