Bitcoin is in the best place it has ever been. - Bitcoins

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Thursday, 9 August 2018

Bitcoin is in the best place it has ever been.

Bitcoin is in the best place it has ever been.
/u/MadBanker01
  1. The scaling issues & debate, as well as the related damaging forks are now largely behind us. Even before it blew up last year, it was the elephant in the room that needed to be addressed.
  2. It is pretty clear that most governments & regulators are taking a not-too-aggressive position. This was probably the biggest fear of the early adopters.
  3. The next halving is due in 2020. This will reduce supply.
  4. Goldman Sachs' custody service when launched will increase demand.
  5. ICE/Starbucks/Microsoft plans will increase demand when implemented.
  6. The SEC is more likely than ever to approve an ETF within the next 9 months. This will vastly increase demand.
submitted by /u/MadBanker01
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