The SEC Continues To Drag Its Feet Don't Wait On It
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If you remember just 3 months ago bitcoin feel to $3,500 per. We are now nearly double that and while everyone has been waiting to hear from the SEC and institutional investing what you should be looking at it the core underlining of these recent rallies.
There really is no reason for Bitcoin to be priced where it currently is.
Bitcoin continues to remain the most secure cryptocurrency. This is because it literally would be impossible to have everyone mining it update to a new chain that very well could have issues.
Bitcoins blockchain is simple and that simplicity is what makes it so beautiful and powerful. It has been battle tested for years against hard forks, hacking, security vulnerabilities and more.
The only real times we have run into issues with bitcoin are when an exchange itself gets hacked or the FTC steps in and shuts down a scam site.
Besides this however Bitcoin continues to hold a dominance over the market of 50% and still EVERYTHING is converted from bitcoin into other coins.
What does all this mean ?
Honestly it just shows you that the SEC, FTC and Institutional investors are not needed. We rallied to near 20k just 2 years ago without any of that and now everyone has been holding on waiting to hear from all three of these areas. 2 years later we still have NOTHING.
So stop waiting and start investing if you believe in it.
Casual users tend to think that some kind of miracle might happen and everyone will get rich magically. A lot of people have come in, some other left. There are some people also who have stayed for good. The road is long and prolly hard but the one's who are staying and believe in BTC and crypto overall are working tiressly to get things better. We are too many in this time and age using crypto, it will be hard to get us out.
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I saw the price yesterday went up to 6k. Would be nice if it’ll go back to 3k so more can purchase in that price range. But a lot says even with 6k is still a good price. Well...
Posted using Partiko iOS
That won't happen the key is to buy on the next slump u see because that's going to be low compared to where it will be in a few months
Posted using Partiko Android
Been waiting somehow it’s been rising slowly bit by bit. In my observation. I’m new to this but it seems to fascinate me.
Posted using Partiko iOS
The train has left the station for many! I think some serious buying was made at the lows by investors that wil be hesitant to sell which makes the supply pretty low for those who still want to get in!
Posted using Partiko iOS