If we look at the chart bitcoin have started to rise up again. It fell into the dip at 6200$ and now it has climb up again to 7k$. Despite the news of closing of exchanges on Japan and India the community are having smiles on their face when they see bitcoin climbing up again. Possibly this is due to the good news being circulated around about the new development in bitcoin. All spirits are alive maybe this is the sign we are looking for.
Is this the sign we are looking for or this is just temporary?
I am convinced that the Bitcoin developers are working hard and will not let the coin being destroyed by rumours, fake news and FUD. Bitcoin is here to stay. Bitcoin is still the king, I still have solid faith that it will be able to surprise us yet again.
How do you convince them if the FUD comes from out side of the team? Its very hard to do.
Now the time of proof for bitcoin and also altcoin that they are not finish yet. Now they can prove that the crypto world would be exist for long longer time.
I find it funny how Bitcoin's price did the exact same as the stock market price of BTC related companies lol. Only it took 4 months for the coin to settle this low whereas BTC stock companies crashed out in 1-2 months. The stock market wipes you out quick. I'm down 60%. The BTC stocks I traded like MGTI, HSSHF, BTCS all had crazy volatility like Bitcoin has had these 3-4 months before they stagnated down to a new low. This is why I was telling people to hold out on buying at 8-9k but no I'm spreading FUD.