Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 01/06/2017, 13:49:43 UTC
one day some time in the far future people will figure out that 'banks are adopting xxx' means that banks are adapting its software and rejecting any market involvement, mainly because they would be insane to do so.

i don't know why that day hasn't arrived as it's as obvious as the sun rising the next day, but it will.

and I'm also still not convinced most institutions will ever find a use for anything in the crypto space in their lifetime.

I think the reason that day hasn't come is because... people don't care as soon as they are profiting from it.

Only when people try to cash out they will realise only the first ones exiting will get the big profit. Until then they just see it rise and rise higher because noone is selling.

Yes I know the same could be said about Bitcoin... except because Bitcoin has been proved enough after enduring a very long bear market and recovered afterwards.