Get the Fuck Out!

in #xryptocurrency6 years ago (edited)

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Whoa. That's harsh.

It needs to be said. I'm tired of all the panicking, whining, shitcoin, to the moon and I told you so. I normally choose to ignore that kind of stuff. However, it has a way of seeping into your life like a broken sewer pipe.

If you are into cryptocurrency and looking to get rich quick- get the fuck out!

If you are afraid of risk or getting taken advantage of- get the fuck out!

If you have zero interest in blockchain technology- get the fuck out!

If you're still trying to apply current financial knowledge to cryptocurrency... You don't have to get the fuck out... but you will need to sit the fuck down!

We are on the cusp of something new. This is a crazy frontier and it's not for the faint of heart. Projects are built and then they die. Occasionally, they are resurrected. You have to understand we are doing things that haven't been done before. At this point in the game, we are in the R&D phase. We are going to spend tons of money and only half of the projects will succeed. This is your reality.

Bitcoin was conceived in 2008. It didn't reach a dollar until 3 years later in 2011. This is a waiting game. Find cheap coins with solid ideas and wait. It may take off in a year. It may rise, fall, rise and go comatose until it either dies or comes back to life.

I fervently believe the crypto space has the potential to radically change finance around the world. That's why I'm in it. So calm the FUCK down!

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how do you think about the development of bitcoin 2018 to the future

Sorry it took me so long. I'm in agreement with many, in that I expect Bitcoin to function like gold does in the real world. As the Crypto market goes on and replaces the system now, people will look to Bitcoin as a place to store money in times of uncertainty.

There are too many hard forks happening and not enough soft forks, like segwit. I'm not a BCash, BGold, BDiamond etc. hater, but hard forks at this point seem to mainly be driven by speculation and greed. Although, I do understand the passion behind those projects. However, it seems like they are just riding the Bitcoin name. (Honestly, with lower transaction fees, if there were more BCash coin pairings, it would be my main trading coin.)

While the team is continually improving the Bitcoin core project, I would like to see more soft forks happen. That will allow Bitcoin holders and users to test the new code for an extended period of time. That would allow the coin to improve and remain stable.

Right now, Bitcoin is too slow and expensive to compete for real world usage like Ripple, but it's not going anywhere.