This year is great for Bitcoin, if this keeps going like this we may really see the famous 10 000 per coin one day.
Until then lets have a look at current news and situations.
Iran is Selling Out USD
Donald Trump decided to ban Iran travellers going to USA, so the country decided to dump USDs to make the currency weaker and show their unhapiness. So if you have signal that USD may go down what do you do? Buy Bitcoin and Gold ;)
The important thing here is Iran exports OIL and OIL is paired with USD.
Bitcoin is worth more than 1 oz Platinum
BTC is called gold, for now its Platinum. Lets just wait and see. This means that investing in BTC is better than even than into Platinum. Remember you can trade XPT/USD on SimpleFX anonymously with Bitcoin.
Worth noting that in 2013 on the bubble BTC was not even close to XPT.
Bitcoin Hashpower is on the Top
Just look it doubled since December 2016. This is because there is big fight on the fork - the ones with more power will win. Currently Bitcoin Unlimited have raced SegWit.
EU plans to make Database of BTC addresses
EU Commision wants all users bank accounts and crypto wallets to be saved in a big database to de-anonymize them. Not sure if they will actually make it or if they understand how this works but worth watching. BTC going into underground was only working better for the price in the past.
No more Zero Fees in China
China stopped the 0% fee trading yet still keeps on the top of the list. Only the BTCC is gone from top for now. Bitfinex drives the volume then Huobi and Okcoin.
Previous posts that may explain of what i wrote here:
OKCoin, Huobi & BTCC will start charging trading fees from 24th January - https://steemit.com/bitcoin/@kingscrown/okcoin-huobi-and-btcc-will-start-charging-trading-fees-from-24th-january
Coblee the LTC creator predicts 88 CNY per LTC - https://steemit.com/bitcoin/@kingscrown/coblee-the-ltc-creator-predicts-1300-usd-per-btc-this-month-and-other-bullish-news
Bitcoin Leverage Trading Platforms - https://steemit.com/bitcoin/@kingscrown/my-review-of-bitcoin-leverage-trading-platforms-choose-best-one-for-your-needs
Bitcoin Unlimited to Actually Fork BTC Before SegWit ? - https://steemit.com/bitcoin/@kingscrown/bitcoin-unlimited-to-actually-fork-btc-before-segwit-keep-eye-on-ltc-too
