My title Simply Says Cheer Up Steemians. But For Why we cheer up for that just checkout my post.
Bitcoin Recovery๐๐
Bitcoin is getting its strength ๐๏ธ๐๏ธ after a while. After Nobuaki Kobayashi, the Mt Gox trustee, sold $400 million of bitcoin and bitcoin cash over January and February to pay off creditors.
This was the main reason for the devaluation of the parent cryptocurrency. The value got down by 10000$ from 19000$ to 9000$. There was a huge depressed situation were made between the buyers and investors of the crypto assets. Due to super high volatility of the BTC.
But, the bonus point ๐ is that the Tokyo Whale aka Nobuaki Kobayashi was forbidden from selling its remaining bitcoins worth billions of dollars in current. The forbidden stage will be there till the month of September 2018. Nobuaki Kobayashi can't sell its bitcoin to pay off the debt.
SBD to Btc
We are worried ๐๐ about the value of SBD as well as BTC.
So, just chill ๐ผ๐ผ Because the SBD is directly proportional (attached) to BTC. The Value of SBD got dropped from 14$ to 3$ but from now it will ๐ gain again its value in some bunch of time.
Till September 2018, the bitcoin will be mostly at its Stable pace because the selling of Tokyo Whale won't be affecting BTC till that month.
So, till that
Earn Huge ๐ค๐ค & Exchange Huge. ๐๐
Happy Steeming๐๐.
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Nice post
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Ty
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