Every time Bitcoin has seen a big drop, it's come back stronger and gone onto new heights. Bitcoin has currently lost almost a third of its value in a couple of days and is still going down. And it's not alone, all cryptos are taking a hit against the dollar (see the right hand side of my screenshot).
There are many reasons for this. Hard fork worries, Coinbase/ Bitfinex going down, Ddos attacks. Bitcoin has survived much worse. These ddos attacks are to drive the price down and make a profit (both on the way down and back up) for the attackers. Bitcoin has survived far worse, you should never bet against it. Now is a good time to buy.
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Great post.. But given the fact that btc was at 800$ a few months ago this shouldn't worry people that started trading.
Btc is the new world currency and its going to go higher and higher.
Just wait and it will come back up :)
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Thanks! Absolutely, especially as the government and banks don’t like it and cant get their hands on it :)
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Please upvote and comment i'll do same on your posts
Follow me i'll Follow you Thanks!
https://steemit.com/introduction/@arsalanahmed/how-to-introduce-your-self-in-different-situations
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Thanks Arsalanhmed, will do.
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Thanks!
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