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RE: Why doubling the number of bitcoin users would more than double the price.

in #bitcoin7 years ago (edited)

Hah. Looks like I'm the only one who read all of your post. Hodl! Clever...

I spent a solid hour giving a monologue to my brother's girlfriend today about BTC, ETH and STEEM. By the end, everyone else was gathered around trying to grasp all of the Blockchain/cryptocurrency/Steemit knowledge in a nutshell, but I think I got them to see the light. I told them...

  1. Last year no one was talking about crypto.
  2. This year you've heard of it vaguely, are getting curious, and will listen.
  3. Next year, you'll own crypto and be making profit, and not too late.

I also set my Mom with her Exodus wallet and taught her how to make her first transfers from her exchange. She has no emotional attachment, so she's actually doubled her holdings in ETH in just a few months, and even caught the exact bottom of a massive dip to literally the dollar before it rebounded and never returned. It's crazy that she's capable of doing this given that she's not technical at all. She simply took my advice to invest a small sum then, which has grown a lot since.

Wait until the next few 12 months as you say and it'll be an incredible adoption swing to the market cap and prices.

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It’s looking like this yearmight be the year crypto finally hits the mainstream!