In light of what happened just last week where an apparent attack against Bitcoin was staged and manipulated by some groups supposedly connected with and to prop up the value of BitCoinCash, I felt a little bit discouraged because I realized that anytime the same thing can be done anytime and soon an attack can caused irreversible damages to Bitcoin.
Right now, things are getting back to normal and Bitcoin is showing the resiliency that many expected it would. Down the road, it is maintaining its strength in the $6,700 - $6,900 level and we all happy and satisfied with it. Do you think we are already back on track?
Yes,bitcoin is already back to the track as we can see the the price keeps increasing from yesterday and currently the price is nearly to $7000.I feel pity for those who converted bitcoins into bitcoincash because the price of bitcoin got stabled at about $1300 i don't think it will increase further.
But still some problem for bitcoin is their transaction fee is still high,I hope it will be resolved soon by the bitcoin community.