Message from @comcast
Discord ID: 408868034216853514
it has seen 'crashes' just like this one
when it went from 2 cents
to 24 cents
whoa holy shit BTC is up to 24! we're rich !
then it crashed down to 12 !!!!
btc was $ 7dollars
it went up to 21 dollars
and crashed to 15
nothing beats fundamental technical analysis.
there's people who saw it coming clear as day
they shorted it
they made money on the crash, after seeing basically the normie FOMO that took place
& a lot of wall street was there too but you know what I mean
most wall street money is still not in
compared to fiat, crypto in the US still has a ton of room to grow. & it will
if you're patient, ride out the storm, you'll be ok. it's going to suck.
it may be a long storm
but during that time important things will happen
development for cryptocurrency entry points will continue rapidly
because think about it, it's still not even easy for the majority of people to do !
people are lazy these days. they want to log on to FB and link their credit card to your website via stripe
two-click crypto purchase
that's what they want
and it's what they will have
because entry points are forming
exchanges, another chokepoint
do you remember bittrex & binance had to close registration for a period of time ???
believe me. it's the last thing they wanted to do
if a business has to close it's doors because it can't meet demand, there is a serious scaling failure there
and these are fucking **massive** exchanges
their fucking servers caught fire, so mnay people were using them
so the problem isn't that the tech isn't the future
the problem isn't that we spent our money on vaporware (not necessarily anyway)
the problem is that we spent our money on **young ** tech
the only thing we had wrong was it's age
not ready for mass adoption just yet
so it's gonna suck ass for a bit
be slow
one day it will turn. and that fomo will be absolutely retarded. and after that
it will correct again, at some point
and ppl will say