If memory serves correct, bitcoin was created in response to the 2008 recession. Looks like we will finally see if Bitcoin is the worlds Moses / David or the Alamo.
If I'm counting these waves properly we are topping off the third wave...
Good news is , this isn't the end (kinda)
Bad news is it's kinda the beginning of tbe end as we've known it for the past 10 years, for the next two ishhh years.
But here is where Satoshi's experiment finally gets put to the test.
THE PERFECT STORM
Bitcoin is getting ravaged like a cake at a 2 year old's birthday party. Those munchkins had no clue what was happening when the cake was lit last year, but this year it's going down. Eat up munchkins, there is more where that came from.
If Bitcoin and it's army of altcoins, backed by the Crypto Global Nation succeeds, this stock market perceived correction, could be the seismic kick that sends crypto currencies into full swing.
If you haven't noticed, the Dow is at the top of it's third wave and bitcoin is at the bottom of its 5th. So much its created what I like to call, the "Wizard's sleeve". To learn more about that story, check out my previous post. ..
https://steemit.com/xvg/@othello16/using-technicals-xvg-verge-trading-example
The rest is history in the making ladies and gentleman. Which side of it will you be on?
Bitcoin: 1GozJcpMg5fKHGe6dLvXjQLTC4u2TZhieh
Verge: DBTvyRqzHBUFNagxRJpqrjhXh5xKuruCUD
LiteCoin: LRSKMVpS6GvKQzG4DbwMFKPGLXLvpzR1Wd
Neo: AGzv4shERB9npCx3E4VnHu8g6zhzNNauLs
Here is my CYA (cover your a**) I'm not a financial adviser, nore do I ever want to be. I'm an analyst. Lean Six Sigma Black Belt, bad to the bone, tell you your future, number cruncher. I write these post as entertainment and always recommend you do your own research. Personally I think speaking to a financial analyst about crypto currencies that doesn't HODL/trade/use crypto is like asking Einstein about quantum physics. He's no fool, but way out of his league and the advice will be bias. My time, your Upvote.