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You're still awake! Bitcoin hits new all-time high in market value, has Bridgewater Associates founder shaken on Bitcoin?

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In the early morning of the 18th in Taiwan time, Bitcoin was anything but calm. After breaking through 17,000 in the evening of the 17th, it continued to rise, reaching a high of 17,800. Interestingly, the historical market value peak of Bitcoin has been surpassed!

Setting a New Record in Market Cap!

On December 16, 2017, Bitcoin reached its peak market cap of $329 billion, which later dropped to as low as $57 billion by the end of 2018.

As of November 18, 2020, Bitcoin's market cap has approached $329.7 billion, officially surpassing its historical market cap high. At the time of writing, the coin's price is $17,800.

Will Bitcoin break its historical market cap record?

Celebrities Are Watching Closely, Bridgewater Associates: I May Have Misjudged Bitcoin

As the countdown to $18,000 continues, Tyler Winklevoss of Gemini:

Bitcoin's original developer, Jameson Lopp, as the countdown to the historical high unfolds:

Ray Dalio, founder of Bridgewater Associates, who has always been skeptical of Bitcoin, expressed that even if Bitcoin successfully competes with government-issued fiat currencies, governments will surely intervene. He also cannot imagine Bitcoin replacing gold as a reserve asset used by central banks, large institutions, and corporations. Ray Dalio stated, "If my arguments are wrong, I would be happy to revise my thoughts."

The founder of DeFi lending platform Compound, seeing Bitcoin breaking its historical market cap high and its price nearing historical levels, bluntly stated, "No one who buys Bitcoin and continues to hold it will lose money."

Even Bloomberg covered the story with the title "Ray Dalio Says He Might Be Missing Something About Bitcoin", specially reporting on this matter: