i analysed the chart of bitcoin and i focused on times when the price were dropped, I concluded that the bitcoin always save him self and back up more then ever.
Because of the current crisis for bitcoin which is not the first in its history, some people have become suspicious of the future of this crypto currency, so much so that they are saying it is useless.
I just want to remind the world that bitcoin is the first crypto currency in the history, raised in 2009 as decentralized currency in the blockchain technologie.
bitcoin has the value, because is the first.
Bitcoin has value more than the fact that it is the first. There is definitely some value in that but it is not the primary reason. I would like to believe that the reason why Bitcoin came into the top and stayed there every single minute is that its technology is revolutionary and that it can be used in so many things. The price drop has been happening not just to Bitcoin but to every coin. Not a big story therefore.