Crypto this week September 19th – September 25th (market, BTC …)
“The Times 03 / Jan / 2009 Chancellor on the verge of the second bailout for banks.”
Is a quote from a Times of London article indicating that the UK government has failed to stimulate the economy and is ready to launch a second bailout for banks.
Well, this is the opening story for what is currently the largest blockchain network in the world: Bitcoin.
The stories that are circulating about the Evergrande Group will be repeated so far, with a rescue operation by the Chinese government. In fact, this story has struck me the most over the past week.
A Thuan also shared his opinion on this story on the Coincu channel, details can be seen in this article:
With my own perspective, a little broader, I can’t share it with everyone because I really don’t see the big picture, the complexity of the global economy. It’s not easy to explain, is it (and I’m just a beginner). I can only tell you what I think about this event.
To get back to Bitcoin history, many of us must have regretted not knowing or taking it seriously about Bitcoin in the early days. Even $ 100 invested in it back then would make a huge profit today. Simply put, most of us skipped it in the beginning.
And the history of the Evergrande Group could be the starting point for a new shift in the perception of CRYPTO CURRENCY. Don’t expect a new coin to be created and take the place of Bitcoin, Bitcoin has seen great adoption in the last 2 years and the snowball is only going to get bigger with its rolling momentum. .
Even if you were smart enough and bought Bitcoin in 2009, would you have HODL now? For the vast majority of people, the answer is likely no.
Isn’t your trust enough?
The problem with many crypto investors is that they often just focus on price and ignore the fundamentals. If Evergrande Group’s history is repeated like history, this is the story that builds confidence in Bitcoin and cryptocurrencies.
When the price is low, nobody cares about the asset, but suddenly people will notice when the price goes up.
Is the current Bitcoin price still too high?
Event next week
Notable events for everyone next week:
September 20th – September 22nd: Mainnet 2021 is an annual summit founded and hosted directly by Messari. The summit brings together crypto executives, miners, builders and investors for three days of future-oriented collaboration, networking and programming.
September 21st – September 22nd: SuperB Bitcoin Summit At this event, you will meet industry leaders from the most famous and trusted brands and participate in the debate about the future of Bitcoin.
September 22nd – September 23rd: Blockchain Expo North America 2021 is a technology conference and event with high-profile content and discussions about thought leaders about the blockchain ecosystem. Takes place at the Santa Clara Convention Center in Silicon Valley.
Below you will find notable news from the projects:
This is the important information for the coming week. I hope the information I provide in this article helps everyone.
Hello everyone and have a nice weekend.