BITCOIN: Jump!
As we speak, bitcoin has jumped over 10%, to around $7350, taking up majority of cryptocurrencies. Now, just one little suggestion…
I’ve just read those estimations on causes — “ongoing positive momentum”, “consolidation of market growth”, “the BlackRock, $6.3 trillion asset management heavyweight –– the world’s largest provider of exchange traded-funds (ETF) –– is beginning to assess potential involvement in Bitcoin” and whatelsewouldyouknow… It really doesn’t matter. The future is already determined.
First money were human products and animals (goats were big bills and chickens were tipping change 😉). Then, there was technological revolution, and precious metals became money, and they served well until the next technological revolution — at the public dismay, paper has changed “the real money”, gold and silver. Then came next technological revolution — paper backed down before the onslaught of magnetic cards. And now we have the greatest technological revolution — decentralized cryptocurrencies.
You do not have to worry about the price — it is the World that is inevitably coming, and it will certainly remove fiat (paper or magnetic) keeping your value up. All you need is patience.
Do not cheer for this recovery, and do not panic if you bought it over $10.000. If you have it, HODL it. It will rise. And do not ask for whom the bell tolls. It tolls for fiat 😄
Universal Basic Income
My bots are slowing waking up from a long hibernation and posted 3 profits on WAN in 5 minutes. Its the equivalent to a dying man getting up and doing a perfect passo doble.
Somehow, I can only imagine fiat as a dying man, @blanchy. Cryptos were just napping, and now they are waking a bit, doing perfect passo doble :)
Lets hope so. Once its not a 15 minute cann cann and then back to bed like the last couple of tests at 7.5k
Just take a bit wider perspective, @blanchy, and everything will look better:
https://steemit.com/bitcoin/@lighteye/bitcoin-the-real-rise
Legendary thoughts in a nutshell my dear friend!
Love your positive news and attitude!