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Countdown To Cryptocurrency Parabolic Recovery and Escalation

This may be your second opportunity.

By EstalontechPublished 2 years ago 10 min read
Photo by UnSplash.com

Anyone savvy enough to pay attention and position himself for this shift, on the other hand, had the potential to catch the bandwagon for a good profitable bid this time

Nothing comparable has occurred in almost a decade. As a result, if you missed it the first time, this may be your second opportunity.

Because we are now like living in the past as of the 1990s, at the height of the dot-com boom… Except that it now occurs in Year 2022 in cryptography

Cryptocurrency is “a game-changing invention on the size of the Internet.”

Permit me to transport you back to 1989. It is, in effect, the first day of the Internet’s existence.

Between 1989 and 2000, the Internet grew from essentially no one to over half of the United States.Those days we worked only with the old Dos -XP slow computer and you need a modem to dial in to your telco to get connected You must now grasp. Internet is massive ready for significant expansion, going faster than anything we’ve ever seen in the history on a global scale . The Internet grew and expanded from zero to over 100 million online users in ten years… It was a veritable frenzy.

And the businesses that made it possible amassed riches for investors.

In early 1990, Microsoft was trading at $1.20 per share, split-adjusted. Microsoft’s stock had grown to $123 a share by the decade’s end…While these transformational changes are taking place, the majority of people are oblivious…

This, however, is a severe error , the wealth distribution seems short of a balance ,Because, when it comes to technology, history invariably repeats itself and there cannot persist the existence of inequality , the market seeks for wealth balance distribution

It occurred in a variety of industries, including transportation related , electronics ,.energy, telecommunications, automotive industries and the internet.

Additionally, cryptocurrency is not exempted from this rule, and it is in a better position to enforce the wealth balance with their decentralization working concept . Each innovation progresses along a curve referred to as the adoption curve and hopefully the government and authorities of every country will allow the blockchain supporting to all crypto will evolve independently ..And some experts anticipate that cryptocurrency and the underlying technology will reach “twenty to one hundred times the size of the Internet…” far exceeding any adoption and will transform the world into more advanced stage of development

The initial phase is one of innovation. This stage marks the transition of a unique technology from the ‘idea’ stage to the ‘prototype’ stage. This is a make-or-break situation. Numerous innovations never go past this stage due to a lack of widespread appeal.,bitcoin has survived its first stages

Early adoption is the second phase. This is the region in which investors can earn money that can change their lives. Once a company with a game-changing invention is identified — and while it is still small — the sky is the limit, from here we can see many project development of altcoins each working with different technologies and with some strong financial backing due to its niche technologies and applications

Period three is dubbed the ‘Trending ‘ phase. At the moment, technology is advancing at a breakneck pace, and the crowd is swelling catching on the popular trends and innovation casting away old thoughts to be on the same bandwagon

Next will come a stage of balance , between web2 and web 3 , web 2 helps to support web 3 to elevate to the next stage of decentralization , and web2 service is still required to provide finanical support in order for web 3 to benefits and support its infrastruture and create profitability.

After this stage the decentralization, will be complete, and all parties , start to earn and benefits from the effort and investment , A New World is born

We’ve completed Phase 2 and are on the verge of entering Phase 3…

The throng begins to swell.

And we’re currently in the process of converting from early to hyper adoption.

Cryptocurrency is presently owned by over 180 million people since last 4 months .Overall, the number of global crypto users reached 221 million as of June end, according to a report by cryptocurrency exchange Crypto.com. and copuld have reduced since the bear market cam in and possibly reduce to 180 million

Additionally, bitcoin can be used to purchase a car, book a flight, pay your mortgage, and cover college tuition, book your hotel and can be stake ,lend or used under Yield farming to get better APY ..thus most of the bank has noticed its versatility and in order to stay competitive ,they will start accepting the new digital currency as most government will opt for a digital currency against stablecoins and these might co exist with most of the cryptos which support to the utilities backing all digital currencies

It is currently accepted by a number of the world’s major retailers, including Telsa , Starbucks, Sotheby’s ,Paypal , Mastercard , Coca cola, Expedia , Axa insurance ,Microsoft ,The Home Depot and many others

Additionally, you can use it to purchase tickets to almost every major professional sport , including the NBA, and european football club and many sports related events ,the process is acknowledged in bringing digital scarcity to big brands in sports , and all seems to go crazy when it comes to nfts

Now for the part that truly intrigues me…

Cryptocurrencies and the technology that powers them are estimated to create new wealth worth $9.8 trillion…Additionally, bitcoin is estimated to have created up to 90,000 new crypto billionaires for the last 5 years alone since 2016, and these has been boosted since the introduction of Nfts

As a result, if you’re questioning whether this bitcoin business is genuinely viable… Definitely.

Are there risks? Obviously, there are.

There is no certainty , and it has been harassed by authorities ( We need to make clear this point as this article is not meant as a financial advice, readers must note the disclaimer, and do their own research and use the information with their own judgement -the editor/authors/publishers do not hold any responsibilties to the content mentioned in the article )

However, the risks of inaction concern everybody for now … The penalties of passing up this opportunity, in my opinion, are far harsher…

And the start of the Parabolic Recovery countdown has the potential to push the cryptocurrency market into space., and is going to happen once the Fed’s proposed interest rate hike has been cost in , the cryptocurrecny market has evolved from basic steps and is already at stage of acceptance by the banks , and most bank are preparing some migratory for clients, who may opts for cryptocurrency in the very near future .

That is why this is being nicknamed the Parabolic Recovery Countdown . Because this may be your last chance to invest — BEFORE cryptocurrency becomes widely accepted.

Bitcoin reaches a new all-time high of $64,000, as a swarm of lesser cryptocurrencies also achieve new all-time highs…and hit the dip and now has slide to $ 38,000 and is staying strong waiting for a booster

As a result, I’m adamant about not missing out.

I am mystified, though, as to why this deadline is so crucial.

That is reasonable, given that no such deadline has ever existed in the history of traditional stocks, bonds, or commodities…

Permit me to elaborate…

It’s all about an impending supply shock for every worthy Utility based particular coin.

You see, as millions of people are flocking to cryptocurrency, something is about to occur that will hasten the pace of a major supply drop.

New supply will gradually be curtailed by up to 90%.

A 90% loss in supplies is massive. And how quickly will this supply reduction intensify?

All that is necessary is a working knowledge of the law of supply and demand.

Cryptocurrency demand is soaring…

Cryptocurrency is presently owned by over 180 million people.

In two years, over a billion people are projected to hold cryptocurrency. Yesterday Ark Invest’s new report predicts ETH ‘s market cap has space to elevate up to $20 trillion and Bitcoin’s price would have passed through higher barriers to exceed $1 Million by 2030 …. This is alarmingly far beyond other analyst’s prediction

To put that in perspective, it took eight years for Facebook and instagram to achieve a billion users…Titok managed at a faster rate in only a short span of time also however, when it comes to cryptocurrencies, we are expected to see a growth in the next few years from 100 million to a billion.

Now allow me to ask you a question: What do you believe will happen if more people buy cryptocurrency yet there are fewer available?

What do you believe will happen if an additional 800 million millenials purchase cryptocurrency yet there are less available? It honestly is that simple. After all, that is the only logical conclusion. And there is no reason to further complicate matters.

Bear in mind ,during this recent Bear period ,when It occurs, the fresh supply of this particular cryptocurrency is drastically reduced by up to 90%… Causing the largest and most rapid supply drop in the cryptocurrency’s history., ETH has burned off some, and there is a limit to Bitcoin Mining , but influx of buyers are coming in , the Millenials who has been misplaced need to find quick money , many older folks has been retrenced due to unhealthy economic situation caused by the COVID 19 pandemic , many companies barely can survive, and even if the economy recovers from Covid , that still take average 3- 4 years from Now , so those looking for new Income are all looking at Crypto for Now

Bitcoin, for example, has a four-year “Halving event.” .Halving is a critical event on the Bitcoin blockchain. It causes inflation in the price of the cryptocurrency by reducing the supply of bitcoin and increasing demand for it. The halving of Bitcoin has ramifications for all stakeholders in the Bitcoin ecosystem. .And each time, we are privy to a Bitcoin “halving event…” The new supply of Bitcoin is halved, sparking a tremendous bull run. Everybody is undoubtedly thinking, “it can’t be that easy…” However, it is that simple.

It almost appears as though it is a universal physical law. Prices grow up when demand exceeds supply.

Additionally, the longer you wait… The less likely you are to capture the highest, most valuable returns.

There are, however, approximately 12,000 unique minor cryptocurrencies…And many of these lesser crypto coins have increased in value by 10X , 30 X , 50 X or higher to 200X

Cryptocurrency, on the other hand, resides in a totally new realm.

And in this universe, the laws of reality do not apply. Theoretically, anything is conceivable. You may become the “Cryptopreneur of the world” with a modest investment in decentralization ( a small referral link )

Because when tremendous demand meets massive supply decreases, there is only one direction for the price to go: up… Simply said, there is not enough.

Capturing even a fraction of this growth would open up a whole new universe of possibilities .in simple terms , may be we should not miss the boat this time round ,It could mean the difference between attaining and failing to achieve your dreams… Or taking the first steps toward the life you’ve always loved.

It is absolutely up to you what one’s desire. While I do not suggest these, I wanted to highlight the volatility of the bitcoin market and its uncertainties

Bitcoin grew in value from $400 to above $65,000 in the last bull run .Over the last two Bitcoin halvings, the average gain was 5,000 percent since the last decade

The fact that venture capitalist , smart money, and hedge funds have been migrating away from Bitcoin in favor of Ethereum implies that they expect it to outperform Bitcoin significantly.

If you just acquire one cryptocurrency today,However, the pricing is still quite reasonable at the present. This is unlikely to persist indefinitely. By 2022, other cryptocurrencies will have increased fourfold the rate at which Bitcoin has grown…namely ; ETH is doing well , ADA and Soluna is catching up

Because they would have remained in Bitcoin in the absence of the exchange. And shortly, the available quantity of Ethereum will be decreased by up to 90%.

Additionally, Bitcoin hit a new all-time high this year of $64,000 and possibly higher

As was the case with the Bitcoin supply reduction, it is the smaller cryptos tied to Bitcoin that have surged even higher…That is to say, I predict a few of lesser coins will outperform Ethereum., some say Solana and ADA , but from this dip , so far their reaction is slow, their base foundation is good , and also should be consider for keep in the long hodt which to include staking will be very beneficial ..

Every Success .

#Disclaimer Note : This publication is not intended for use as a source of any financial , money making ,investing , legal, medical or accounting advice. The information contained in this guide may be subject to laws in the United States and other jurisdictions. We suggest carefully reading the necessary terms of the services/products used before applying it to any activity which is, or may be, regulated. We do not assume any responsibility for what you choose to do with this information. This article is not meant for financial advice , Use with your own judgement.

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About the Creator

Estalontech

Estalontech is an Indie publisher with over 400 Book titles on Amazon KDP. Being a Publisher , it is normal for us to co author and brainstorm on interesting contents for this publication which we will like to share on this platform

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    EstalontechWritten by Estalontech

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