9/26 ANDY HOFFMAN (CryptoGoldCentral.com): Bitcoin Going MAINSTREAM, And CANNOT Be Stopped

in #andyhoffman6 years ago

Why do we need to go through these ridiculous price plunges, no matter how bullish the fundamentals? Because Bitcoin is still a relatively thinly-traded asset - STILL fighting the bear market mentality that has pervaded the sector all year, despite the fact that unlike most altcoins, Bitcoin’s fundamentals are VASTLY stronger than a year ago…and its price, VASTLY more undervalued.

Consequently, it STILL reacts negatively to ridiculous FUD (albeit, for shorter periods of time, with shallower price declines) - like the “news” that the MT Gox Trustee sold $230 million of BTC and BCH…in April and May.

https://twitter.com/Andy_Hoffman_CG/status/1044570613975633920

Perhaps there was some “gaming” the markets Monday and Tuesday, utilizing inside information. Like, perhaps, Bitmain continuing to dump Bitcoin to save its balance sheet…and thus, the IPO that may or may not BAIL IT OUT.

https://twitter.com/Andy_Hoffman_CG/status/1044669086863568896

That would certainly explain the BLATANCY of the price suppression attacks on the CRIMFINEX crypto exchange that abruptly commenced with Monday afternoon’s attack…but suddenly ended Tuesday evening, just before the price stabilized and rebounded.

https://twitter.com/Andy_Hoffman_CG/status/1044705063766093825

https://twitter.com/Andy_Hoffman_CG/status/1044776029082943488

All that said, none of this BS matters – as shortly, Bitcoin will take over the financial, and SOCIAL landscape like nothing the world has ever seen…as right before our eyes, Bitcoin is going MAINSTREAM.

Just yesterday, we learned that Google formally rescinded its Bitcoin marketing ban, whilst Scrabble officially recognized “Bitcoin” as a word. This, as the Bakkt crypto exchange prepares to launch November 5th, whilst dozens of new crypto hedge funds launch January 1st…perhaps, sandwiching a “surprise” SEC approval of the SolidX/Van Eck Bitcoin ETF by December 29th, just as the Bitcoin network celebrates its 10th anniversary of continuous operation.

https://twitter.com/Andy_Hoffman_CG/status/1044741307699056640

https://twitter.com/Andy_Hoffman_CG/status/1044586709545938949

With each passing day, Bitcoin becomes more ubiquitous in society – which is why, if you haven’t yet acquired any, time is running out to do so while it’s still in four-digit territory.

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