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?
What developments do you mean. Lightning network?
Lightning network is included but there are a lot more bitcoin developments that are occuring nowadays. If you are eager to do some readings and research then you can finally decipher what those development to bitcoin I am referring to. Anyway here are the list of developments that I am referring to:
1.Bitcoin Core 0.16.0 Is Released
2.Chinese E-Commerce Giant JD.com Launches Blockchain Accelerator
3.the Blockchain Defensive Patent League (BDPL)
https://bitcoinmagazine.com/articles/week-review-march-3-2018-bitcoin-developments-and-cryptocurrency-adoption/Very useful information. Thanks for pointing this out. I knew about the lightning network integration which will surely help Bitcoin catapult in value soon, but the updates that you mentioned will surely help Bitcoin in a positive way. Where did you hear about exchanges getting closed in India and Japan? Was not able to find any information pertaining to this news. I think that the market has finally started to recover and the value of Bitcoin and most other altcoins will rise upwards in a slow and steady manner and am expecting an even bigger rally in the near future. Lets see if I am right.