BTC re-entry into atmosphere, capitulation and when moon
Here is what I think is going to happen with BTC.
-My theory is contrarian. Currently I feel there is too much hype with little actual usage or adoption of crypto.
-It is still a speculative asset class - even bitcoin.
-Lightning network doesn't work (and it never will IMO)
-Wallets are too hard for the average person to use.
-Bitcoin civil war getting uncivilized again with law suit over bitcoin.com
-Regulators coming in and cracking down on exchanges with privacy coins.
-Decentralized p2p exchanges not yet setup.
-There will be FUD and BTC will be crushed, IMO.
I see a lul coming in the market from when regulators (banks) go to grab for power and p2p exchanges are being developed.
Then MOON. Probably some type of financial crisis will trigger the reversal.
I'm not trying to make friends or get likes.
This is my first published idea.
Take it for what it's worth (a grain of salt).
-My theory is contrarian. Currently I feel there is too much hype with little actual usage or adoption of crypto.
-It is still a speculative asset class - even bitcoin.
-Lightning network doesn't work (and it never will IMO)
-Wallets are too hard for the average person to use.
-Bitcoin civil war getting uncivilized again with law suit over bitcoin.com
-Regulators coming in and cracking down on exchanges with privacy coins.
-Decentralized p2p exchanges not yet setup.
-There will be FUD and BTC will be crushed, IMO.
I see a lul coming in the market from when regulators (banks) go to grab for power and p2p exchanges are being developed.
Then MOON. Probably some type of financial crisis will trigger the reversal.
I'm not trying to make friends or get likes.
This is my first published idea.
Take it for what it's worth (a grain of salt).
Got a last call bounce to 7800-8K coming up for those of you that want to sell or take short positions. Still in a bear market. This is a recovery phase, aka hibernation.
Get some rest. 2019 is coming.