Bitcoin News
By Dan Saada
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The market cycles are currently different. Though the current cycle is different it is expected that it is not going to be like 2013 or 2017.
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BTC investors are expecting to see more of big ups and downs - with profit taking corporations moving the trends with longer and more magnitude to the bull run with less classic…
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Big Buyers are entering the market. It is not like before. The trend is not like the past where A=B.
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Institutions are using custodians to hold their BTC. Many of them do not hold in exchanges. Several people are owning hardware wallets.
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Several Altcoins are highly centralized with centralized figure heads. For instance, Roger Ver – BCH; Mark Zuckerberg – Libra; Calvin Ayre – BSV; Elon Musk – Doge.
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Why do you think people can’t come up with better software than Bitcoin? Tech evolves! There’s only one Gold and you can’t recreate it. Period.
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It just looks like they have big egos. They do not develop the why not build on Bitcoin and help make BTC better?
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All of these people don’t have the humility required to accept that they can’t create a better Bitcoin.
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Masses have been attracted to the Bitcoin because of its profits. However, the underlying technology will serve us in the future for as long as energy remains abundant.
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It will take a full cycle minimum for a more average person to get it. And, some brains will never understand it.
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Some of them with BTC are like: “When everything is instantly tradable, there is no need for an asset specialized in being the intermediary.
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People rejecting Bitcoin is just further proof that it is fully decentralized, and doesn't require any centralized authority or absolute consensus to work.
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The masses can’t afford enough BTC to make life changing money. Seeing all the rich people gobble up BTC also makes the same less privileged people want to say u can’t tell us…
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