This is about to moon so hard and I am laughing at all these fools dumping out. These prices is how you go from rags to riches. Thank you to whoever is bringing us so low.
I beg to differ. I was posting her last month about being patient and having confidence in holding strong. The result is I lost my ass. I'm not rich from it. Lucky for me I have been benefiting from all of the recent volatility and so my account is recovering.
I believe greatly in Factom and I'll be back in it someday. Today however is Bitcoin's time. You just can't ignore what's going on there. It wipes out anything else. Some people think it has just begun as well. Time will tell.
Safest bet is to sit out and preserve capital.
Please it's nothing more than a pump, people act as if Bitcoin can't be pumped, it can be pumped just the same. No real adoption, still no one cares about Bitcoin, same pump happened during the halvening and there down you go, Bitcoin won't be at 1k anytime soon unless there are some actual adoption from the mainstream, a major economic collapse or an amazing technical development (and even then I doubt that would move the price as much).
People know how unstable price still is, a hack to a unknown Honk Kong exchange could bring the price to its knees in a second. This happened in 2016 not 2013...
I don't hate Bitcoin, it's truly the king of crypto and a disruptive technology, there's no doubt about it but it's still far from making any impact in the real world, maybe in 3-5 more years (I'm still not sure how regular people would use it, we just hoard and hold it?). Right, that would make mainstream adoption a very easy sell...