Mike Novogratz says Bitcoin will dominate the markets in October
This post was first published in Publish0x by me, The Crazy Dude
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Mike Novogratz believes that the FED will lower its measures in October and by then there will be a decoupling of the price of Bitcoin with the stock market. We all would very much ansious it to be so, but remember, this man has a tattoo in tribute to LUNA on his arm.
It may not be in October and it may be in the middle of next year, it may not be the end of the four year cycles yet and it may be 2025, it may even drop lower but currently I think the only thing that could stop this would be a ban worldwide, that no bank or entity in the world can by law accept cryptocurrencies as payment.
As long as that doesn't happen, the speed and growth will be exponential. As I mentioned before, the global adoption of crypto is 5% and there is a published study that foresees a global 10% by 2030. From then on, more intuitive dAPPS will be developed, probably the fees to change between fiat and crypto will be reduced, capital is going to enter with force and all this is going to facilitate access and subsequent adoption for many people.
Hey, just like Novogratz when he got the wolf and the LUNA tattooed, I could be wrong too. I am not a financial guru nor a seer but this technology is in its infancy and yet it is revolutionizing the world, causing real change, Crypto people live their days around their investments, their searches, their conversations on the subject. I remember when mobile phones arrived, seeing my stunned friends looking at the small screen of a Motorola Startac, I, who was an anti-mobile, looked at them thinking they were freaks, that they were losing their lives.
I believe that everything remains to be done, there are many projects that are only copies of copies of another copy of something good but improvable. The first step has been taken and a market with a billion capitalization in deep crisis seems to me to be a very firm step. Even losing another 50% would still be over half a billion market cap, that's too much confidence to evaporate. In order for this to fall to the point of disappearing, as I said earlier, they have to throw it down.
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