Does anyone else have the feeling that crypto is holding it's breath?

in #cryptocurrency6 years ago

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It feels like crypto is holding its breath right now, waiting for an excuse to power up. I am no trader, and I don't get all the charts with the cups and handles and the arrows and ratios.

But I get the vibe of what's happening here. Slowly but surely, more and more people are being convinced of the tech (if not perhaps of which exact tech). And they are dipping their toes in.

More and more big players are getting involved, giving reassurance to those of us already dabbling in the space.

And those of us who like EOS are HODLing because launch date is coming very soon - and it promises to change everything. Maybe quickly, maybe real slow, like.

And because of all this, there's a effective counter-weight, if you like, which is acting to hold back the occasional FUDnews. People aren't panic-selling. (FUD - Fear. Uncertainty. Doubt.)

This is good, and I reckon it's going to last. It's a sign of a (slowly) growing maturity that wasn't in the game even during this year's highs.

There are other indications too - news of massive amounts of Bitcoin moving in private sales. News of major Wall St players manoeuvring to make the most of a burgeoning new "asset class".

Yep, it feels like the cork is slowly wriggling to the top of the champaign bottle and getting ready to pop.

Like the space is consolidating, getting ready for the big one.

Am I right? Who knows, it might be another false start. But I don't think so.

I can feel the pressure building, and crypto holding it's breath.


May all beings be happy.

Screenshot courtesy of pixabay.com mashed by @drwom

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@drwom Your post is helpful, lot of information those days about Blockchain Tech. and cryptocurrencies.
Thanks for this post steemian

I feel it too. This summer could be big...just a feeling.

Certainly feels that way, we have had a nice run up and a healthy pullback. I think once the headlines of Buffet, Gates and SEC go away we will continue to climb.

I too think that something big is about to happen. Let's hope it soars or skyrockets and makes us all big whales.

We’ve gone through all the FUD of nation states bagging it, billionaires bagging it, people questioning its ability to be mass adopted, but crypto has come through it all stronger than ever.

Let it sleep, let us continue to accumulate. The change is happening and it can’t be stopped! ✊🏻

I am also not a trader but I hold some coins go for long term

Good luck!

I too think that something big is about to happen. Let's hope it soars or skyrockets and makes us all big winners.

How to Legitimize #Bitcoin: (1) Banks warn against getting involved, (2) Futures contracts to 'get in on the action, (3) #Gold dealers warning it has 'no intrinsic' value, (4) Governments threaten to "Regulate for consumer protection"; and that's just a start.

It is also the beauty of nature

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