Fuck The Moon. We Are Headed Straight For The Sun

The pioneers of bitcoin saw little growth over the past few years. Besides the shitcoin pump and dumps there was little to no action. Ethereum recently brought a new light to the blockchain scene and got things moving. A few other noticeable blockchain technologies with functional applications such as Steemit emerged.

For People who have ben around the blockchain scene for a while now, the recent market cap boner might be overwhelming. We can't keep up with everything going on. Even though we were expecting this, we have hard time dealing with such change. Hands get weak.

We have to keep in mind here that for the new guys that are pouring new capital is more than a safe bet. This is not a pump and dumb for them. We might have gotten into cryptos knowing their high-risk nature but for investment firms and large corporate conglomerates this is no joke. We are talking about 80 billion dollars being invested from the largest companies around the world in a matter of few months. They are barely tipping their toes in.

Bubble? What Bubble? We haven't even start chewing the gum yet.

It is understandable for the technical analysis crystal ballers to equivocate their charts with those of past bubbles. Patternicity though (a massive cognitive bias) is never your friend. Even if current whales start cashing out, there is massive interest and capital pouring in.

This is not like Bitcoin hitting $1000 for the first time. We are talking about a new industry that will transform the world. It is understandable that is quite hard to take all this in but the evidence is all there. Remember. Blockchain technologies are not perfect. Far from it. They are just more efficient than what we already have. Even if you hate crypto-currencies, you can't deny this fact.

I am known to be skeptical for just about everything. I got into cryptocurrencies mostly because of ideological reasons. I saw the flaws of the current system and was researching alternatives. From the time I stumbled upon bitcoin it made sense to me that the future would be revolved around digital currencies.

At the same time I understood that it was going to take some time. So many decades after the invention of the ATM and some people would still tangle up their balls trying to get money out. The enemy of blockchain technologies was never whales, speculators, crooks and online assholes. It was the complexity of interface and overall usage. This is where the second blockchain wave came in and brought solutions with easy to use wallets. Now a noob can have his phone set up and with a press of a button can send digital money.

There is no moon here so we can cash out. When we truly reach the moon level we so desire, we won't have to. Cryptocurrencies will be widely accepted everywhere and circulating in just about every corner. There will be massive liquidity and constant growth. They will be more stable than any other fiat currency due to their sheer volume and functional variety.

Many people don't realize that a dollar is much like a euro. At the end of the day is just primitive debt notes of exchange. Compare those with smart contract technology and you can understand quite easy how obsolete they are. In addition to this, most national economies are struggling. They too need a way out from this economic clustefuck. A small hiccup from China for example (which is imminent) will make the current market cap look like lunch money. So yeah. Fuck it. We are headed for the sun either we like it or not.