Is this the Capitulation for Bitcoin?
When do you think BTC sell off will finish?
Will BTC die here?
Will BTC raise again?
Why are you still holding BTC?
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.
1) No, I don't think so
2) I don't have the crystal ball to answer, sorry
3) see point 2)
4) see point 2)
5) and last but not least, I am holding because i believe in Bitcoin and its tremendous power to change the way we deal with currencies. Bitcoin has proven to be extremely resilient and to be able to recover. Do not forget to look at the picture in the LONG TERM. Bitcoin in the past six months has proven to be on an uptrend, despite all the volatility and recent drops. Bitcoin is here to stay, that's for sure.