List of reasons why Bitcoin is about to EXPLODE

in #bitcoin6 years ago (edited)

If you are looking for a positive & realistic list to brighten up your feelings relating to the future of crypto I suggest you watch this film by YouTube user Altcoin Daily. The green flags he presents all sound pretty logical to me and I would be interested to hear if anyone thinks his words are in some way inaccurate.

I will summarise for you now, though you should really watch the film as it goes into much more detail:

  • Only a matter of time before SEC approves Bitcoin ETF

  • Goldman Sachs to offer custody service for Bitcoin clients

  • ICE (the parent company of the New York Stock Exchange) plans to launch digital assets platform and Bitcoin futures product

  • Owner of NYSE has teamed up with Microsoft & Starbucks to build a payment 'ecosystem' for crypto

  • Bitcoin will be safe haven during next stock market crash and the next stock market crash is long over due

  • World governments are getting involved now & even China's previously cold position has been replaced by words of support from the country's leader Xi Jinping

  • Number of Bitcoin ATMs are on the rise, giving the public an easy way to invest

  • Blockchain development is now the hottest skill in the freelance job market

  • Facebook has withdrawn ban on cryptocurrency related companies

  • BTC always seems to have a bull run at the end of the year!

Feeling more optimistic now?

I sure am!

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Regardless of all this optimism, BTC stop loss set at $5900 and... ready for bed ;)

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I think so too, many reasons why the next bull run will come.
Thanks for sharing!

  • upvoted & resteemed

He presents the list really well in the film and I must say he has convinced me! Now to find some more money to invest ;)

Thanks for the up & resteem

We may have to wait till the start of the 4th quarter before it blasts off, but I see no reason why it wouldn't. At the moment, we just have to be patient.

Yep... patience. is the key :)

I did not know about the developments on Facebook. I just posted about how FUD has replaced vision, optimism, and clarity in the world of cryptocurrency. I'm beginning to start wondering if this panic is manufactured, I'd really not like to think that. Either way, we'll see what happens with HF20 and the exciting developments that will bring for Steemit.

"The world is a stage"

Wouldn't surprise me at all if this is all part of a pre-determined plan. It's how the rich get richer!

Still, as you say, either way it's good times ahead for all of us here :)

Or it follows the 2014 pattern and we go into a prolonged bear market with an epic bullrun 2019/2020 which will smash previous all time highs. Either way longterm it will get better.

It is a possibility I have considered. Sold half my alts to BTC a month ago ready to Tether in case of lower lows. Though looking at the way alts are jumping today am not sure if I made the right decision. Perhaps we just bounced off the bottom again and the only way is up from here???

I can sense it will blast for sure.

I like your sense ;)

Welcome to Steemit!

The Bitcoin will rise, we just have to stay in the fight and persevere, The market will go up.

Going up already today :)

Perhaps the fun has begun!

Wow, your instincts and mostly all of the topics are spot on
Due to many current economy trends it does feel like it is going to explode in the near future
Must say your work is quite exquisite
As a beginner on steemit it , I see such blogs and really get excited on how great they are written and easily with such a great content one can be successful
Thanks for the info!

It's not my info. It is someone from YouTube. But what he say sounds very sensible :)

It does sound very convincing and i do feel the market turning around for the better as you said the rich are got to get richer and we just want a little bit of that action...Cheers :)

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