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RE: Digital Currency Past Present Future - Is Bitcoin Ripe for a Major Correction?

in #bitcoin7 years ago

I feel like no matter what you may feel about TA itself, no one can possibly understate the impact this new market will have. Institutional money will be moving in and out of a decentralized system for the first time. If bitcoin does happen to prove itself and survive the first wave, it would only mean more and more smart money will continue moving into bitcoin. If it can accomodate this market it could rise in price dramatically, but it has to survive the volatility.

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agreed. a very dangerous test for bitcoin.