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May 1, 2019
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Bitcoin Prices Analysis

Is Bitcoin now going to the moon?

Jack Dorsey, the CEO of both Twitter and payment service Square, has said that he sees Bitcoin (BTC) as the world’s – and Internet’s – single future currency, The Times reports today, March 21.

Dorsey believes that Bitcoin’s leading emergence will take “probably over ten years, but it could go faster”:

“The world ultimately will have a single currency, the Internet will have a single currency. I personally believe that it will be Bitcoin.”

At the end of February 2018, Dorsey had previously said that Square will focus on developing more options for interacting with Bitcoin via their Cash App, calling it a “transformation technology for our industry.”

There is a quote I saw somewhere on Twitter, it went along the lines of:

“When Bitcoin was $16k, people said I wish I bought in at $7k. When Bitcoin dropped back to $7k those same people didn’t buy any.”

The crypto-world is full of moonlambo talk, “When moon?”, “When lambo?”.

If you believe in a project you don’t need to worry about timing, just investing into it is good enough.

Now back to your question, Bitcoin has already mooned, it has mooned for the people who bought in when:

  • Bitcoin was less than a dollar
  • Bitcoin was less than $100
  • Bitcoin was less than $1,000
  • Bitcoin was less than $5,000

And if you are lucky enough to own some Bitcoin now it will certainly moon for you in the next few years, if you understand how currency and bartering works then you will know that Bitcoin is simply ground breaking.

Bitcoin is steadily rising and if we break $10,000 again I expect a massive uptrend from then on wards.

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