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Bitcoin Mania

Bitcoin Mania

Fundstrat’s Tom Lee says he’s a buyer of the bitcoin pullback, now sees more than 35% gains from here
Fundstrat co-founder Tom Lee increases his mid-2018 price target on bitcoin to $20,000 from $11,500 based on higher user volume.
The target raise comes after a volatile day in which bitcoin tumbled to a low of $10,400, down 47 percent from a record high hit Sunday.
“We are buyers of bitcoin on this pullback,” says Lee, who is the only widely followed market strategist to issue a report focused on predicting bitcoin’s price.

https://www.cnbc.com/2017/12/22/fundstrats-tom-lee-says-hes-a-buyer-of-the-bitcoin-pullback.html

Tom Lee, who called bitcoin’s recent rally, says it is a ‘real asset class’ for young people
Fundstrat’s Tom Lee believes bitcoin is a legitimate investment for the younger generation.
“It is actually good diversification,” he tells CNBC.
https://www.cnbc.com/2017/12/21/fundstrats-tom-lee-bitcoin-is-a-real-asset-class-for-young-people.html

Famed investor Warren Buffet thinks all cryptocurrencies will have a ‘bad ending’
http://bgr.com/2018/01/13/bitcoin-warren-buffett-cryptocurrency-bad-ending-investing/

Warren Buffett watcher echoes warning on bitcoin: ‘We’re probably near the top of a bubble’
https://www.cnbc.com/2018/01/11/warren-buffett-watcher-were-near-the-top-of-a-bitcoin-bubble.html

Market Capitalization
The total USD value of bitcoin supply in circulation, as calculated by the daily average market price across major exchanges.
Source: blockchain.info
https://blockchain.info/charts/market-cap

How much actual money is there in the world?
https://money.howstuffworks.com/how-much-money-is-in-the-world1.htm

New Survey Reveals Staggering Number Of People Are Buying BitCoin On Their Credit Cards
https://www.zerohedge.com/news/2018-01-11/new-survey-reveals-staggering-number-people-are-buying-bitcoin-their-credit-cards

Goldman Explains How “Bitcoin Could Succeed As A Form Of Money”
https://www.zerohedge.com/news/2018-01-10/goldman-explains-how-bitcoin-could-succeed-form-money

Here’s all the money in the world, in one chart
https://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18