Number 7 is the one that concerns me in the short term as I think that regulators like the SEC seem to be requiring potential refunds to investors and penalties which could be detrimental to the development of some of the projects out there. While we knew that many would fail, the regulatory aspects as well as the financial failures due to not being able to continually fund themselves will lead to less projects in the future which could stifle interest in talent coming to the technology.
In fact one of key value propositions of BTC is its non-correlation with stocks. That's what can potentially bring in the big money. Gold is also used as a safe haven or a hedge. BTC doesn't seem to be there at least yet. Or does it?
If this is the end..then yes it will be worse than 2014. The assumption is that ( like the last time) there is a large number of people/institutions who will decide that this is a good thing and all come in together ....causing another boom. Who are these people? What if there is nobody to rush in on “spec” alone?
There will have to be hard evidence of widespread ADOPTION before I buy more of the stuff. I’ll keep what I have. Why not ? Hardly worth anything anyway.
At this point I am just assuming a base case of BTC dropping to 1k and all other crypto similar drops on a percentage basis. This is to avoid any disappointment haha
All i see was disappointments. I hope market will rise, or else i will sell everything and never invest anymore...and also i hope that this trading competition will help me to gain more money https://www.facebook.com/KuCoinOfficial/posts/307819130069841
My question now is: will this winter ever end?
Number 7 is the one that concerns me in the short term as I think that regulators like the SEC seem to be requiring potential refunds to investors and penalties which could be detrimental to the development of some of the projects out there. While we knew that many would fail, the regulatory aspects as well as the financial failures due to not being able to continually fund themselves will lead to less projects in the future which could stifle interest in talent coming to the technology.
Posted using Partiko iOS
In fact one of key value propositions of BTC is its non-correlation with stocks. That's what can potentially bring in the big money. Gold is also used as a safe haven or a hedge. BTC doesn't seem to be there at least yet. Or does it?
if the bear market continues I just buy more. I see it like a good opportunity
Oh my God, I hope not worse than 2014! Keep up with the good work Louis!
True, but in the meantime - when there’s winter, there will for sure be summer!!!
Posted using Partiko iOS
If this is the end..then yes it will be worse than 2014. The assumption is that ( like the last time) there is a large number of people/institutions who will decide that this is a good thing and all come in together ....causing another boom. Who are these people? What if there is nobody to rush in on “spec” alone?
There will have to be hard evidence of widespread ADOPTION before I buy more of the stuff. I’ll keep what I have. Why not ? Hardly worth anything anyway.
Hope it will not T_T
At this point I am just assuming a base case of BTC dropping to 1k and all other crypto similar drops on a percentage basis. This is to avoid any disappointment haha
All i see was disappointments. I hope market will rise, or else i will sell everything and never invest anymore...and also i hope that this trading competition will help me to gain more money https://www.facebook.com/KuCoinOfficial/posts/307819130069841