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Well you guys and gals many predicted that we would shoot up on the 26th, well I'm still waiting and I checked a few minutes ago and BTC is now in the $10k range... I'm starting to think we'll continue down in this bear trend to around $8-$9k and then many will buy in there and end all this lolly gagin around, come on BTC let's go to the moon already! Any educated opinions on why we haven't shot up yet? And are we gonna experience a bigger pullback than 50%?
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We all believe in the blockchain technology apparently or else we wouldn't be on here. But there is a fundamental difference bw decentralized and distributed cryptography vs. the currencies that are right now on top of the technology fluctuating in value based on what people say it's worth.
I believe that blockchain technology will be around from now until the end of time, there is no putting the cat back in the hat lol However who is to say especially with so many unpredictable variables and forces that could scare every single person that's either invested or thought of investing in crypto from not investing or taking their initial capital out?
Of course the underlying tech would still exist and still be functional and usable however will it always be a store of monetary value?
I believe that it would take global mass adoption for it to become and remain a 100 yr.+ global currency. It would require that many of the unbanked people of the world all believe in what the blockchain and cryptocurrency stand for. I know I do for now, but can we all do a more thorough job of sharing resources and educating our friends, family and loved ones, even strangers that'll listen for the sake of our long-term potential of keeping the currency portion of the blockchain alive?
Let's make the future one of transparency, of freedom to spend how you please. To not have governments and institutions take advantage of the frameworks they promise to protect. Let's make our world a fairer place for our children to be raised in, an equal playing field where everybody has a fair shot at prosperity not only those born with a golden spoon in their mouth or in the "right" nation or even the "right" skin tone.
God bless us all, protect our crypto-economy and create a path for the future and longevity of our social and economic cause, power to the people. Freedom, transparency and equal opportunity to all.
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I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.
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I've been watching the price hover around $11k for what seems like an eternity... I'm sure we're all wondering is it going to boom soon or go further bearish? Well I've been researching and once this CME futures contract expires on Jan. 26, 2018 we will see some price action for sure mark my words, what's your opinion will it boom up to around $20k or shoot down to around $8k? I'm bullish, Bitcoin to the moon! At least until it busts, we shall see.
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Obviously there's been blood in the streets with prices lately, however do you think BCC going down will bring in further investigation that will also give the rest of the cryptoeconomy a negative look?
If they do investigate what will this mean for the rest of the solid coins?
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Anyone have white papers on the top 3-5 ico's of January? I'd like to read some, thanks for any educated posts.
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