How to view the recent Bitfinix failure - It's VERY POSSITIVE

in #beyondbitcoin8 years ago

Many of us are tempted at this point to ponder the notion that Bitfinix company is going backwards. But think of it like when you are shooting a big rubber band. At first you spend a lot of time and energy stretching the rubber band "back" in the other direction from where you plan to shoot it. If you only pull it back a little ways, it will only be propelled forward a little ways. If you REALLY STRETCH it, and pull it back just about as far as it will go, it loads up ALL THE POTENTIAL to go further than you may even have expected.

For a big old tree that has been around for many years, one thing we know about it, is that it had to grow DEEP ROOTS to weather all the storms.

I see this present Bitfinex situation as something that is only causing our roots to go deeper and stronger for the future, in safety, wisdom, alliances, and forethought ! It may seem like we are being stretched too far back, but that is not the case. We will be wiser, stronger, more stable in the future because we ALL, in the crypto currency world, will learn from this big Bitfinex failure.

Abraham Lincoln lost a job, was defeated for state legislature, failed in business, his Sweetheart died, he had a nervous breakdown, he was defeated for Speaker, defeated for nomination for Congress, lost re-nomination, rejected for land officer, defeated for Senate, was defeated for nomination for President, again defeated for U.S. Senate......Then......became PRESIDENT !

Sort:  

im guessing your heavily invested and think bitfinex is too big to fail.
well no need to pump wishful thoughts..
3 weeks ago bitfinex started signing a contract to raise investment
http://blog.bnktothefuture.com/bitfinex-signs-letter-of-intent-with-bnktothefuture/
so u still have hope

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 64916.21
ETH 3483.89
USDT 1.00
SBD 2.45