A Boost for Bitcoin and Cryptocurrencies? Steem? by terrybrock

bitcoin · @terrybrock · Jan 19 '18 (edited)

$79.82

A Boost for Bitcoin and Cryptocurrencies? Steem?

Did you see this? 

![ICE_Bitcoin_NYSE.png](https://steemitimages.com/DQmdKeJqLsJ9cnEPw496b24jt3YqvD2LCEiigoNX4TaVDmG/ICE_Bitcoin_NYSE.png)


![Thatsgood.gif](https://steemitimages.com/DQmVy42oMNkwcHC51nzYfdFRD5NmQdv4b7VTZNTuFScXaBV/Thatsgood.gif)

From today's Wall Street Journal. It seems that the owner of the New York Stock Exchange (yes, WOW!) is now in the process of launching a new service. This will bring data about Bitcoin to various hedge funds.



<div class="pull-left">


![ThatsGood2.gif](https://steemitimages.com/DQmTaztr8cfa56H6xrpz96yzdmG45Wg9pzT5GUGyLirSjj2/ThatsGood2.gif)



</div>

This is something and it shows that bitcoin is gaining credibility among serious investors and financial professionals. I see this as a good thing, what do you think.



<div class="pull-right">

![Thatsgood3.gif](https://steemitimages.com/DQmb9QacYJ9ywVAfsrkeeNT56dCptxeskEvKbqnFHQi4jRy/Thatsgood3.gif)



</div>


Is it perfect? Will it help in the recent crash of cryptocurrencies? I don't think it is perfect (nothing is, really). I don't know if it will help with the recent crash. 



<div class="pull-left">

![WayneWorldYES.gif](https://steemitimages.com/DQmUwnoNeo8JCfJAY9U6YhZXjt8dyppPXeVokHho23VUxZ7/WayneWorldYES.gif)



</div>

However, just my personal, shoot-from-the-hip idea is that this will be yet another step to legitimize bitcoin and ultimately many more cryptocurrencies in the minds of serious financial professionals. If something helps a lot of cryptocurrencies, then it probably will help us here on Steemit. That is a very good thing. 



<div class="pull-right">

![Cheers.gif](https://steemitimages.com/DQmYr4AiCpPDN25zgh7uJBYJhuJtE5pZNWXSP8pf6EH18PA/Cheers.gif)



</div>



Yes, the price of bitcoin, other cryptocurrencies, and even our dear Steem has been hit hard. However, I think that the HODL (Hold On for Dear Life) strategy makes sense now more than ever. 



<div class="pull-left">

![GentlemanThumbsUp.gif](https://steemitimages.com/DQmfTrJsc96jd3CqBCWWSBUgtNXvH2FJ2AKJ9mJjJKp3dsQ/GentlemanThumbsUp.gif)



</div>


Bitcoin has seen a lot of volatility in its short, less than 10 years, life. This is another correction. There are those who say it is a great buying opportunity and that "Bitcoin is on Sale." Perhaps they are right. 

</br>

</br>
</br>
</br>




<div class="pull-left">

![TaylorSwift_ThumbsUp.gif](https://steemitimages.com/DQmSkpz8jwUu5ipPrcMz7syanCTSpS2LHNbrnEREpDHzHwZ/TaylorSwift_ThumbsUp.gif)



</div>



However, whatever happens, this story is profound and shows that not only bitcoin, even beyond  bitcoin to other cryptocurrencies, there is room for optimism. 

What do you think? I look forward to hearing from you. 

Terry 

Terry Brock, MBA, CSP, CPAE
Member, Professional Speaker Hall of Fame
Certified Speaking Professional

www.TerryBrock.com
www.BrockonBlockchain.com
Terry@TerryBrock.com
+1-407-363-0505 (Orlando, Florida, USA) 

Steemit - @terrybrock


http://terrybrock.com/test2016/wp-content/uploads/2017/06/SteemitRequest.png

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👎 djacic

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@steemit.love.you · Jan 19 '18

I love your post

👍 steemit.love.you

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@terrybrock · Jan 19 '18

Thank you. I love your comment! Thanx for stopping by to say hello.

👍 steemit.love.you

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@akshayb · Jan 19 '18

Haha. And I love your Sarcasm. Bitcoin is following a trend since 2015 in which it falls in the first quarter and in the last quarter there is a tremendous growth.

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@awpmaster · Jan 19 '18

something very controversial without a doubt! @upvote

👍 awpmaster

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@curivitas · Jan 19 '18 (edited)

Hey Terry! You're so right, i'm HODLing mines...
Take your popcorn 😉 and wait!

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@terrybrock · Jan 19 '18

Keep on HODLing. We are in this for the long-term. Thanx for stopping by @curivitas

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@dalexx · Jan 19 '18

Thanks for this Post @terrybrock Good to know...

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@asolopreneur · Jan 19 '18

There are two groups one is supporting Bitcoin and other is against it. It's real dilemma for new investors. I personally think, we should not invest what we can't afford to loose. It's also first rule of investing. 

Thanks for the update and I hope it rises price of Bitcoin and other altcoins.

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@terrybrock · Jan 19 '18

Yes, it is sad we see such fighting. I am for peace. I don't like the bitcoin wars that have gone on. However, we'll let the marketplace decide. I think there is a place for a variety of coins, each meeting select needs of the marketplace. Thanx for your comment, @asolopreneur. Always nice to have you stop by. I hope you have a great weekend!

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@preparedwombat · Jan 19 '18

$0.12

While the mainstream media concentrates on Bitcoin specifically, great blockchains are slipping in under the radar. Blocktivity.info is fascinating and the pie-charts are eye-opening.

👍 preparedwombat

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@terrybrock · Jan 19 '18

$0.17

Yes, I heard about Blocktivity.info recently and visited it. Thank you for the reminder. There is a huge amount of opportunity in several coins. Right now is a time for buying and/or HODLing I think. I could be wrong (the batteries are very weak in my crystal ball!), but I think we have a very bright future ahead. Thank you for the comment, @preparedwombat. (love that avatar. Learned about wombats on my visits to one of my favorite countries --- Australia! Thnx!

👍 preparedwombat

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@haushinka · Jan 19 '18

I'm eating this info up. Anything positive I can read about cryptocurrency's future is good with me. Big believer in Bitcoin and Steem.

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@terrybrock · Jan 19 '18

I think it is "positive realism." I sure don't have all the answers --- actually very few --- but I think that being in it for the long term is the best approach. Thanx for your comments @haushinka. Nice to have you stop by.

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@tonyot · Jan 19 '18

Another exchange to join the party.

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@terrybrock · Jan 19 '18

Yep, more and more are jumping on board. The more the merrier!

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@phillip20steem · Jan 19 '18

$0.07

@terrybrock Everyone had been affected on the recent plummet of cryptos but I remain optimistic and enthusiastic that it will come back up again. I continue to HODL. Patience is a great virtue after all.

👍 phillip20

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@terrybrock · Jan 19 '18

$0.18

Yep! I just want the universe to "hurry up and teach me patience!" :-)

👍 phillip20steem

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@hms818 · Jan 19 '18

$0.17

Great news! thanks @terrybrock for sharing this amazing news...

👍 hms818

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@terrybrock · Jan 19 '18

You betcha, @hms818. I see it as good news and am crossing my fingers for the best. Thank you for stopping to leave a comment. I appreciate it.

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@nealmcspadden · Jan 19 '18

You are right that it brings crypto that much more into the mainstream financial markets. But that’s the danger as well. 

We can see with BTC how centralizing decisions and power can cause problems even on a theoretically decentralized blockchain. As users and investors in crypto we have to make sure we vote with our wallets to prevent financial takeovers.

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@johano · Jan 19 '18

Great news. 
By the way it is hard to read your article, struggling all the way trough the animated pictures.

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@amadeus · Jan 19 '18

The more hedge funds deal with BTC the more BTC gets out of the primary idea of decentralization and freedom of market.
Its good to have so many alt coins around.

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@holm · Jan 19 '18

@terrybrock I'm a bit on the fence here.. I'm sitting to see bitcoins next move to invest. Not sure if I should be waiting for another dip or just buy in now and be "happy". Decisions decsions...

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@yura81 · Jan 19 '18

I do not believe that bitcoin has a future. Bitcoin's blockchain  is at the limit.

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@evimeria · Jan 20 '18

Thank you for sharing !!! reesteem:)

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@robertmannino · Jan 22 '18

Hey this is some Good news !!!
Furbee approved too

![20150122_134653.jpg](https://steemitimages.com/DQmUD3Bo9BgsJJwsCnhbVK9QYGZQe7Gu2sFUjLD5mJBepHg/20150122_134653.jpg)

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