Well it was inevitable that the big banks and huge whales would start getting involved in Crypto and the Tech it holds. Gone are the days of basement nerds and teenage miners involved in Crypto to disrupt the financial status quo, now everyone wants a piece of the pie. I saw ZCASH go up over 150% today on Polo because of the JPMORGAN news but am wondering myself is it too late to buy now or should we get some?
Agree. The days where cryptocurrencies used to be associated with geeks and mostly negative stuff, are over. Nowadays, big companies, businesses, banks, and governments are realizing the true potential of Bitcoin's underlying technology called the blockchain, and are driving the markets to new heights.
Most of the altcoins that we've never thought that they would rise exponentially, are doing so these days, which show the increased interest in cryptocurrencies from nearly everyone around the world. Zcash used to be worth nearly $60 after it declined in price since launch, and now it has skyrocketed in value in just a few months.
The question is whenever altcoins like ZCash would remain as is in value with potential for growth, or will it decline back to its original levels? Bubble, hype, speculation or whatever you want to call it, these results are surely profitable for those who have invested earlier in almost any kind of cryptocurrency.
I wish that I've invested earlier into ZEC, but never thought about this moment since you can't predict the value of cryptocurrencies due to their highly volatile nature. But still, it is better late than never. Just sharing my thoughts.