Bitcoin Dead?

Spread the love

As you might expect Bit­coin has been pro­nounced dead…

Again and Again!

In fact over 400 times now Bit­coin has been declared dead.

Will it stick this time?

Over the last two weeks the cryp­to mar­kets have been dec­i­mat­ed.

Losses in the Billions…

Is it over? Real­ly over this time?

Will bit­coin final­ly suc­cumb to the end of the inter­net and the end of all things dig­i­tal?

Probably not…

With so much news com­ing out about the Cryp­to Mar­kets and the sud­den val­ue reduc­tion it is easy to say that things are end­ing for cryp­to how­ev­er that may not be the truth.

The news media even came out and blamed a tweet by a mis­be­hav­ing Bil­lion­aire, for the rea­son why BTC and many oth­er Cryp­tocur­ren­cies lost bil­lions in val­ue overnight.

Was that the truth?

No, not at all but it does look like the mar­kets are very sen­si­tive and super­sti­tious when it comes to rumors and innu­en­do.

The truth is not as obvi­ous as you might imag­ine and no it is not over just yet.

“This is not finan­cial advice”

While prices are down some are say­ing that this is an oppor­tu­ni­ty and oth­ers say cut your loss­es but that is some­thing that each per­son has to decide for them­selves.

It is like­ly that prices will rebound but who knows how long that might take, a week, a month, nev­er.

One thing is clear there are com­pa­nies that are deeply involved in devel­op­ing new tech­nol­o­gy and cre­at­ing oppor­tu­ni­ties that quite frankly are mind blow­ing.

This is not just air they are sell­ing although some have said that the real truth is some­thing akin to sci­ence fic­tion with­out the fic­tion.

When you begin to look deep­er into many of these com­pa­nies you can see that there are some real bur­geon­ing enter­pris­es that are quite frankly devel­op­ing the future of the inter­net and beyond.

Just like they said about how the Inter­net was just a fad…

Like Email would nev­er replace reg­u­lar mail.

Like Web­sites would nev­er com­pare to brick and mor­tar stores…

They were wrong about all those things and they are like­ly wrong about Cryp­to as well.

In the near future we are going to do a deep dive int0 what some of these com­pa­nies are doing with dig­i­tal cur­ren­cy and how it actu­al­ly works.


Posted

in

by

Tags: