I have come across alot of people expecting BTC to go on a run soon. Many point to bullish chart indicators and technical analysis. As much as I would like this to be true, I think that any real BTC runs may have to be delayed until BTC has addressed scaling in a much more applicable way. Basically, until BTC becomes useable again, i can't forsee it taking off.
Consider that the Bitcoin Cash lobby will continue to point to any scaling deficiencies in btc via high fees or high confirmation times. This means that the problem really must be solved before we can move on. In my opinion, If coinbase decides to add in segwit and batch transactions that will help somewhat, however if lightning nodes begin to come online exponentially, this will alleviate the blockchain rapidly. It is just before this starts to happen that the bull run will occur. Maybe that time is now, maybe it isn't. I keep reading promising news about the lightning network, but it is hard to quantify since i can't really even go try it.
Cryptogram is my personal journal of thoughts about cryptocurrencies and related topics.
Currently in the crypto space it can be difficult to remember what you have discussed or been thinking from one week to the next. The rapid development of, and many changes in the space keep everyone on their toes. Now that I have been financially involved in the space for roughly a year, I realize that I would love to have my thoughts from 2017 written down somewhere. I believe having this information will help me stay focused, avoid repeating past mistakes, and hopefully help some other people, (anyone who decides to read this,) from making those same mistakes.
