🤷 Consensus... Who Cares?
The last 3 years have always seen bitcoin prices soar as events around the world spark new projects, new connections and a buying frenzy. However this year now that Consensus is just about wrapped up we seem to be right back where we started?
What happen this year that did not happen others?
It all comes back to governments, regulations and people seriously still not knowing what the F is going on! Yeah that's our government for you they take years to figure shit out and often don't do anything. Howe we ever get anything done is beyond me. (well not really it seems to be when you don't involve government you achieve all new highs and tech) Is government outdated? UH YES!
We still have no idea about regulations and what is going to happen in the outcome of all of this. While we get little glimpses such as Coinbase announcements of being regulated and adopting some new companies its far to little to really know ok yet I can move ahead now.
However I am still upbeat about this year. I feel like things are progressing just maybe a bit to slow again and we need to start putting some pressure on these people again.
The event seemed to be a massive success with thousands more showing up.
Price target predictions for bitcoin in 2018 still remain around the $25,000 level - we should all know by now how quickly the price can rise but also fall in crypto.
How best to put the pressure on regulation? BUY MORE! lol As the dollar loses value to crypto it forces banks and goverments to start spending time on the sitiuation.
Did you see the new research paper/post on LN? According to it=one LN channel=500 tps
I pretty sure this was revealed during Consensus
The gem:
Golden 🤣 @bitcoinflood
Yep! Same as last year. New technology, sanctions, bannings, dropped adds, celebrities, etc.
Don’t worry... bitcoin has to be cheap enough for buyers to be sure they are buying the dip...
Amazing post sharing bro
Regulations are inevitable, especially with BTC popularity rising so quick last autumn. However, you are right about bitcoin price predictions, it must surely grow to new heights.
And pressure it is they will get , we’d definitely buy more and getting more investors to come in on the game . Thanks so much for the hint . You’re much appreciated