What will happen to Cryptocurrencies after recent Bloodbath - A lighter note analysis of faith
Everybody is panicking and worried about future of Cryptocurrency after China's ICO & exchange ban. Even there are now less users active on Steemit.
Most people expect this is happening right now to Cryptos
What i actually think about all those analysts who declare Bitcoin to be dead and think of themselves as genius. If you want to become a crypto analyst like those its pretty simple actually because they always talk about negativity only
You would also have heard many recent statements like Bitcoin is fraud or Illegal from major financial elites but in reality they were the ones in the first place who exploited innocent people of their money and are silently investing in cryptos.
It is also a fact that Bitcoin has been declared dead 140 times but still it rose again from ashes and attained new heights. So i think Bitcoin is still going to destroy all these current obstacles and rise again.
So its HODL and buy time now. Keep your faith in cryptos & especially Steemit because this is eventually the future of Bitcoin
To Infinity & Beyond...
So keep on Steeming...
@originalworks
The @OriginalWorks bot has determined this post by @bluemist to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
To nominate this post for the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!
For more information, Click Here!
This post has received a 2.01 % upvote from @booster thanks to: @bluemist.
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
They try to belittle it. Now that is for Sure. Bitcoin is Dangerous for their monetary System and so they try to destroy it.
When this month paycheck arrives I will invest in bitcoin (again)
Like your writing! Let's Go to the moooon!
You are right and thank you so much
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
great post and well said to keep your faith, take a look at this new recent analysis by Mr John McAfee. This applies for Steem and other cryptos like he mentions in the video.
I guess Bitcoin will be Dead for the 141th Time.
Hehe
and then it will rise like the Phoenix.
Haha, i hope so too
It's obvious that quasi-totalitarian state like China cannot allow cryptocurrencies and especially independent social movements, made possible around new money. I'm surprised it's happening so late.
I think the more important question is: what and WHEN liberal democratic states will do with this new inside-societies they cannot control now?
But maybe they will do nothing. Maybe cryptocurrencies are the way to ease social tensions and Satoshi Nakamoto's movement and technology are just very clever social engineering tools?
Maybe free Steemit society also exist only in our imagination? The future will tell.
Yes future will unveil many secrets. In cosmic universe everything is eventually an illusion including cryptos, fiat currencies.
Thank you so much for the feedback
I wouldn't go so far :) More seriously: I think is healthy to keep a little skeptical distance even from big social projects you really care about. So many of our beautiful Utopias failed before.....
That's all.
Agreed. This too shall pass.
Yes, i hope it will pass soon enough
Bitcoin is resilient and even if it goes below the $3000 resistance level i have a good feeling it is going to surprise a lot of naysayers when it hit $10 000 before 2018. Bitcoins has proven many critics wrong over the years and i bet it will do it again not to mention the many times it was said that it will die or crash. If bitcoin was a woman man she would be more beautiful than any super model out there. The Asians Governments are up too something here with these announcements seem like they have their hand in the cookie Jar or even testing the markets.
@rogerblu
You are definitely right
Thank you so much for the feedback. I appreciate it.