Warning: Steem witnesses executed a hard fork on 2020-05-20, seizing 23.6M STEEM from 65 accounts. The funds were transferred to an account named @community321, the ownership (and intentions) of which have not been revealed. The witnesses claim to have been targeting accounts which defended against a hostile takeover in early March, but at least 2 accounts on the list have been inactive for over 4 years.

Coverage:
- Decrypt.io: Steem network to seize $5 million from its own users
- SteemPeak.com: Official Announcement by @softfork22888
- GitHub.com: view steemd HF23 changes

What you can do:
- Send exchanges a notice of the pending class action lawsuit.
- Switch to HIVE, the community-led fork. Visit Hive.blog and Hiveblocks.com.

Bitcoin Price Likely to Hit $3,500 This Year, Says Major Bitcoin Exchange Executive. Sandeep Goenka, co-founder of Zebpay one of top three exchange's of India. by gangster.inc00

View this thread on steempeak.com
· @gangster.inc00 · (edited)
Bitcoin Price Likely to Hit $3,500 This Year, Says Major Bitcoin Exchange Executive. Sandeep Goenka, co-founder of Zebpay one of top three exchange's of India.
Bitcoin Price Likely to Hit $3,500 This Year, Says Major Bitcoin Exchange Executive
Sandeep Goenka, the co-founder of Zebpay, one of India’s three leading Bitcoin exchanges, believes that Bitcoin price can reach $3,500 by the end of 2017.

Despite a few setbacks, Bitcoin price has maintained a strong rally over the past few months. While Bitcoin is struggling to re-enter the $1,800 region after it experienced a correction on May 11, on a monthly basis Bitcoin price has still managed to record a 30.8 percent surge, increasing from around $1,176 on April 16 to $1,700 on May 16.

Bitcoin Price Likely to Hit $3,500 This Year, Says Major Bitcoin Exchange Executive

After recording a 30 percent monthly increase in value, Bitcoin price has continued to maintain stability in the $1,700 region for around two straight weeks. Such stability in value should be considered as an optimistic outlook on the mid-term growth of Bitcoin price.

Growing demand
According to Goenka, the current Bitcoin rally isn’t necessarily defined by certain events. In fact, Bitcoin price is able to grow at a stable rate because global awareness toward Bitcoin is increasing and the demand from institutional investors is rising.

Goenka stated in an interview:

“Current bitcoin rally is due to increasing awareness and demand for bitcoins globally. Positive news of regulation in major countries like China, Japan and Russia have added fuel to the current rally.”

As Cointelegraph explained in a series of extensive analytical articles, Japan has played a key role in maintaining the strong rally of Bitcoin price. Japan has also established a platform for institutional investors by announcing Bitcoin as a legal currency. Such clarity on the regulatory side of Bitcoin and digital currencies in general allowed institutional investors and multi-billion dollar corporations to participate in the Japanese Bitcoin industry.

Japan’s ecosystem
Most notably, the $1.5 bln Japanese Internet giant GMO announced in January that it is officially entering the digital currency trading business and market by launching its own digital currency and Bitcoin trading platform.

“Just the beginning”
In a statement, the GMO Internet Group stated that it sees highly of Bitcoin’s ability to process both domestic and international remittances with low costs and fast speeds in a secure ecosystem, similar to the Bangko Sentral, the central bank of the Philippines.

Goenka reaffirmed that the Bitcoin exchange market and industry will see the entrance of more institutional investors by offering an entirely new investment category in digital assets. He said:

“Since the supply is limited and demand is increasing, prices are moving upwards and touching all time highs almost every year. Bitcoins represent a new investment category called digital assets. This industry is exploding in usage and innovation. We believe this is just the beginning.”

- Yea no s*^%. Its gonna keep rising, though of couse thell be some dips here and there. I like bitmeisters philosophy, hold till 2020. Of course keeping your eye on the markets to stay awhere of its treds and any major developments.-

Almost 4got credit.
https://cointelegraph.com/news/bitcoin-price-likely-to-hit-3500-this-year-says-major-bitcoin-exchange-executive


robErob steem on friends
👍  , , , , ,
properties (23)
post_id2,788,282
authorgangster.inc00
permlinkbitcoin-price-likely-to-hit-usd3-500-this-year-says-major-bitcoin-exchange-executive-sandeep-goenka-co-founder-of-zebpay-one-of
categorybitcoin
json_metadata"{"app": "steemit/0.1", "format": "markdown", "links": ["https://cointelegraph.com/news/bitcoin-price-likely-to-hit-3500-this-year-says-major-bitcoin-exchange-executive"], "tags": ["bitcoin", "crypto", "news"]}"
created2017-05-17 00:16:12
last_update2017-05-17 00:41:30
depth0
children1
net_rshares6,350,331,399
last_payout2017-05-24 00:16:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,316
author_reputation604,103,165,045
root_title"Bitcoin Price Likely to Hit $3,500 This Year, Says Major Bitcoin Exchange Executive. Sandeep Goenka, co-founder of Zebpay one of top three exchange's of India."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@stillwater ·
All I can say is WOW!  That's a hell of lot o' fiat for a BC.  Not hard to imagine with it's recent rise.  Thanks as always G.  You always have such interesting and informative posts my friend.
👍  
properties (23)
post_id2,788,470
authorstillwater
permlinkre-gangsterinc00-bitcoin-price-likely-to-hit-usd3-500-this-year-says-major-bitcoin-exchange-executive-sandeep-goenka-co-founder-of-zebpay-one-of-20170517t002659991z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2017-05-17 00:27:03
last_update2017-05-17 00:27:03
depth1
children0
net_rshares1,206,328,160
last_payout2017-05-24 00:27:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length193
author_reputation10,311,772,745,930
root_title"Bitcoin Price Likely to Hit $3,500 This Year, Says Major Bitcoin Exchange Executive. Sandeep Goenka, co-founder of Zebpay one of top three exchange's of India."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)