Good afternoon folks BBT Carter here,
2018 may go down in the history books as one of the more tougher years on folks HODL bitcoin and/or folks that got in at the top and have been waiting for the moon, however, in the background extensive amounts of work, development, integration, testing and production deployments around the foundation has been underway.
Not only with continued development around lightening has been a thing, the continuance of the narrative of a eventual world reserve asset reigns forward in bitcoin's future. The naysayers of the past arguments continue to become more weak and even laughable in some regards when transparently we can see actions going in the reverse of the statements. The large banking industry continues to build infrastructure, test microservices and invest millions into development teams researching the payment gateway/exchange services around Bitcoin and alt currencies. If you read for face value the articles on Bitcoin's demise, then scan through active engagements by the same banks in research of infrastructure/exchange participation the argument falls apart immediately. The wild swings in bitcoin due to news in general have been seemingly neutered as equally damaging claims vs. positive news both seemingly have no direct impact on Bitcoin or altcoin pricing. The influence engine, due to significant interest drop in the space has dulled even the most neutral buyer of any tokenized asset. All of the while, infrastructure, research and product delivery continue to enhance the platform for the next wave of growth.
Institutional Foundation embolden the eventuality of participation of many
Bottom line ... Bitcoin will at some point become a world reserve asset class. The amount of Bitcoin is finite, i.e. there will only ever be 21 million. A bitcoin can be divided down to 8 decimal places. Therefore, 0.00000001 BTC is the smallest amount that can be handled in a transaction. Everyone should own at least a fraction of a bitcoin and long term HODL.
You can do this easily with creating an account on coinbase. Linking a card or bank account and putting up a buy, as cheap as 10 bucks.
Major Events that will push Explosive growth
- Eventuality of a ETF (Electronic Traded Fund)
- Bitcoin Halving, roughly 660 day's from this post. Moving from 12.5 BTC per 10min to 7.25 BTC per 10 min
- Extensive viral campaign due to large enough bump in current price. 25% bump, with volume momentum. Momentum picks up 24 news cycle, purpetuality drives more HODL/interest. Less coins on market for manipulation. I like to call this institutional encumbrance.
Disclosure: I own bitcoins and coinbase link here is affiliate link and technically, I am not a financial adviser. That being said, I have been linking and saying this since 2013 on social media (BitsBeTrippin on Twitter, YouTube, Twitch) and since 2011 with friends and fam while mining BTC with 7870's. BTC went from 1.70 per and now is at 6900.xx and the big financial institutions are on the outskirts ready to get in at real scale....another update in 6 months.