I haven't reached my goal of 5 BCH yet
Apparently Bitcoin Cash has been racing again, showing signs of significant growth in a market that is gearing up for a massive run in the following weeks. Q2 has just begun and the signs are very good, with more and more institutions, corporations and payment giants getting interested in the crypto game and making positive public statements. Of course that is great news for the crypto space, and those involved in the game for a long time will reap the reward. However, as a firm believer in crypto who is still in accumulation mode, I am FOMOing too much to celebrate.
Here's the situation for those of you who haven't noticed:
That's great news
Or is it? If you ask me, Bitcoin Cash is invevitable. As a matter of fact, crypto is inevitable, so the truth is that I would like to have the opportunity to gather more at a discount before the market takes off. 2o21 is already proving to be an amazing year for the space, and with the rate at which the game has been attracting major attention lately, I think it won't be long until we witness a massive run that will make all previous peaks and dips look flat. There are numerous reasons why I think so, but nobody has a crystal ball, so it's safe to say that this is all mere speculation.
That's why you should take everything you read in this post with a grain of salt, and always do your own research. This post is by no means financial advice; it's more like the mini-rant of a crypto nerd that wants moar crypto, and therefore, can't even enjoy a little pump. The main reason is that I believe time is running out with all the progress being made in the crypto world, and with SmartBCH already in the works, I believe BCH will soon take off for good and never return to the current levels. DeFi powered by BCH will take things to the next level, and BCH network properties will fuel further adoption, drawing capital from other chains that charge very high transaction fees.
Of course, I do realize that this is human nature, and no amount of BCH will ever be enough to satisfy my greed. As soon as we hit a milestone, we already aim for the next one and this is just how we are, so I always try to remember this simple fact which helps me find peace by focusing on the things I do possess instead of worrying about the things I haven't been able to achieve yet. But BCH is a completely different story, as it really is a once in a lifetime opportunity that won't be around for too long. The crypto game is slowly starting to go mainstream, and the world is changing at a very high pace these days.
Technological advancement is making it possible for the human race to generate more wealth than ever before, and this is one of the reasons why we are witnessing this dramatic growth of the crypto space. The blockchain technology has enabled us to monetize information like never before, and we are coming up with more and more ways of utilizing this revolutionary technology for the betterment of our lives as the years go by. There is limitless potential and I can't even begin to imagine the things we will build around this technology in the future, and Bitcoin Cash will play a significant role in reshaping our world for the better.
The thing is, can it slow down a bit for now? I need moar !
BCH can't be stopped
It's highly unlikely, as activity on the BCH network has been going through the roof lately. To be honest, this has been the norm since the inception of noise.cash, which is a microblogging platform that enables users to hand out free tips provided by the platform, but I can see massive growth in those numbers in the years to come. The game is still in its infancy stage, and the vast majority of internet users don't know a thing about crypto yet. As soon as they realize what they have been missing out on, they will come flocking into crypto, and BCH will deservedly claim a big piece of the pie by offering revolutionary services. We already have real-life use cases, and we will create a plethora of those in the years to come.
Metcalfe's law claims that the value of a network lies in the number of its users, as communication in itself is valuable. The bigger the number of connections between users on a given network, the more valuable the network is, because it all comes down to sharing information, which is the most valuable resource on the internet. As a matter of fact, information should be the most valuable resource in the world, as our ability to collect, store and share information is the reason why out of all different species on Earth we were the ones to conquer the planet, even though we are physically inferior to most other species.
Bitcoin Cash has proven its worth as a powerful, reliable, decentralized network that can support peer-to-peer transactions effortlessly, providing us with the tools necessary to rid ourselves from the corrupt central authorities that have been stealing from us for decades now. A global power shift is in the making, and Bitcoin Cash is a powerful weapon we can use to take back control and build a better, fairer, transparent world. These are only some of the reasons why it's great to see BCH finally attracting the attention it deserves and demonstrating massive growth.
But I haven't filled my bags yet, and that's reason enough for me to be FOMOing and hoping for another correction somewhere down the road.
Don't hate me guys, BCH is inevitably going to hit $10k soon. I just wanna grab some more before it does ;)
I appreciate your attention,
