Crypto at the moment is like...

in avengers •  6 years ago 

Am I the only one here feeling this? That we are waiting patiently for a crypto reset that will never happen? That our endurance, perseverance, belief and optimism is sadly short of the reality of the situation?

That we are waiting in vain?

I don't actually believe this. I still believe in the fundamentals of the tech. That it is groundbreaking and life changing. That it will disrupt the cosy business models of so many sectors.

Indeed, that is part of the explanation for why it is being resisted by so many major players. The Bank of International Settlements (see https://www.businessinsider.com.au/crypto-responds-to-the-bank-of-international-settlements-bitcoin-report-2018-6?r=US&IR=T) for example would be literally out of business. And some of the big old school investment houses who even admit they don't 'get' innovation, really just don't get it - see https://www.cryptoglobe.com/latest/2018/07/aud-1-2-billion-crypto-expert-bets-btc-will-surpass-berkshire-hathaways-stock-by-2023/

So there is resistance.

What is the answer?

As the Cap'n says. Patience. Hang in there. It may seem for nothing, but hang in there. It'll come good. Sometimes patience is the key to victory.


May all beings be happy.

You Tube video: Marvel Studios - Spider-Man: Homecoming - Captain America Patience

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@drwom footer by the awesome @ryivhnn !!

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Bulls are comming! :)

Let's hope!

No doubt the new is about to uproot the old institution and structures. So its just a reaction. My fingers are crossed anyways.

Mine too!

When the project is finished and the volume is still low then i will be worried.... i have full confidence it will not be this way for much longer however

Yep

Am I the only one here feeling this?

Definitely not....but still optimistic

Yep

I still don't get it 100 percent, but I'd like to hang in, being patience.