Post
Topic
Board Economics
Re: Digital Currency Recession
by
xdrpx
on 16/04/2018, 16:06:35 UTC
It sounds harder to digest when you term it as a recession, but there's no certainty as to whether it's going to be a long-term correction or a short one out. It's certainly been 4 months since the sharp drop in vlaue, but we're recently noticing that the markets are picking up and there's an influx of investment. Mostly certainly we're also noticing a positive investment attitude from Goerge Soros and serval traders. Now, the important thing to note is, Bitcoin will not just survive just because it's popular, but also because it's doing a lot in the research avenue. We're seeing lightning network development move up the ladder and there's now more open arena for instant exchanges. If you had noticed the price of Ripple a month ago, it dropped from $3.55 to what it is today. Most of the crypto market was covered in blood, and Ripple certainly isn't doing any better either.