Bitcoin passes $11,000 on news of Facebook’s Cryptocurrency by arunava

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Bitcoin passes $11,000 on news of Facebook’s Cryptocurrency
<center><img src='https://dlike.io/images/default-img.jpg' alt='Shared From Dlike' /></center>  

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 This is the type of Headlines that are currently floating around the Mainstream Media Articles. It seems most of the people have set their minds on the fact that Facebook is responsible for Bitcoins current Pump in Prize which I strongly disagree.
![DQmfXyKGbYSEWzkriJ7jHPQ36TDV1CTrGgZSBcBjveo32jz_1680x8400 (1).png](https://ipfs.busy.org/ipfs/QmZMeFT2WdG6FA5mcwpAeBMAyKdrTLBCaMLnEKweYEB7Wj)



I do agree that there is some traction that is coming from the Facebook announcement but to say that this Bull Run is only because of Facebook would be just shortsighted. There are a number of reasons for the recent BTC pump and I will discuss them later on but for now I just want to say that Facebook is not the Start and End of all.

![Cover.jpg](https://ipfs.busy.org/ipfs/QmS6KzqVovaUnAy2AmYu4YHYtsBmDrkWXqPjBpRyg1oT3v)
  

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 <center><br><a href='https://amp-theguardian-com.cdn.ampproject.org/v/s/amp.theguardian.com/technology/2019/jun/24/bitcoin-passes-11000-on-news-of-facebooks-cryptocurrency-plan?amp_js_v=a2&amp_gsa=1#referrer=https://www.google.com&amp_tf=From %1$s&ampshare=https://www.theguardian.com/technology/2019/jun/24/bitcoin-passes-11000-on-news-of-facebooks-cryptocurrency-plan'>Source of shared Link</a><hr><br><a href='https://dlike.io/'><img src='https://dlike.io/images/dlike-logo.jpg'></a></center>
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vote details (39)
@sabari18 · 
happy to see the pumping...about fb we have to wait and see..
👍  
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vote details (1)
@arunava · 
I have been doing some reading about LIBRA and I have some issues with that and I will be making a complete Post about it later.
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