To me, this is a joke. Look at the value of the global financial and assets market when compared to cryptocurrencies. If bitcoin is now worth about USD$115 billion, that simply means when 10 percent of all wealth shifts from stocks and gold into bitcoin, there will be about 7-8 trillion dollars coming into the market.
Its a telling story when we factor in the manipulation and corruption the Legacy markets control, practically from the beginning of the Central banks in 1913. The governments of the world have also inflated beyond their means since. And we have come to a resounding ongoing deflationary event. Its everywhere. Effecting all of us. My favorite hedge had always been silver. Until I decided to liquidate and go full on crypto. Well, 90% anyway. Its interesting, this 2018 is a great mile marker in blockchain history. Will it go down as the most productive year as far as infrastructure and user friendliness has never been better. Grant it, we have a little more ways to go that will simplify use case and bring on the network effect and mass adoption to this much needed space. It just wouldn’t seem right to have zero price action in the cryptospace for 2018 however with about eight weeks left of the year we may have a jolly crypto Christmas. The best year of crypto news and infrastructure building week after week and even day to day. All they have to do is open the floodgates when they are ready seeing how the weak hands have been shaken from the market and sentiment is pessimistic. This all draws a pretty picture for the start of the next bull run in crypto. HODL on tight and you will not have the fear of missing out. Do not have fear, uncertainty or doubt. Understand that history does rhyme and is cyclical. And what stays down must go up. Gershom’s law is just like gravity. Fake money will fall and what better season than the fall of 2018. Thank God for crypto and the blockchain evangelists who preached the immutability of the truth protocol of Bitcoin.