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RE: Is Bitcoin Dead?

in #bitcoin6 years ago

To halt its rally last time:

  • advertisements for crypto were banned on all large platforms (f-c-book)
  • new customers were denied entry into exchanges
  • CC purchases of cryptos where squelched.
  • the MSM poo-pooed the cryptos every day.

Basically, they did everything they could to keep new money out of the market. To stop new buyers. To stop the price.

Even still, bitcoin is up 4x what it was last year. Name anything else with that kind of ROI.

Further, don't look at the price, look at the investment into structure.
There are a lot of big companies putting money into infrastructure to handle cryptos.

It looks like we are finally at the point of early adopters moving into cryptos. Things are about to get dynamic.

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4X from where it was at the begging of last year maybe. It is now down year over year.

But yes I do agree about the infrastructure being built out quite well over the past 12 months, and it continues to get better.

Yes, sorry, beginning of last year. I have no concept of time... or maybe no memory of time... or maybe calendars confuse me.

Lol could be. It honestly seems like it all has flown by to me. It has been almost 2 years since bitcoin was $1k. I can wait another 12 months or so to see new all time highs. :)

Your the kind of thinker i like i will follow this is good stuff man. And its FACTSJPEG_20181127_224636.jpg