I think this article should boost the morale of bitcoin users. According to this CNBC article, despite bitcoin having a rough year, bitcoin supporters including financial experts, tech investors and CEOs remain excited and still see the digital currency breaking its record highs from last year. One CEO even referred to Bitcoin as digital gold.
Despite what the general media says, its definitely good that these respected experts in the finance world are expressing their support for the digital currency. This is good news and a big step forward, right? This could help influence others into accepting crypto as well. What do you think?
Source:
https://www.cnbc.com/2018/07/12/bitcoin-crypto-cryptocurrency-ether-etheruem-digital-currency.htmlWe all know that bitcoin is a volatile crypto currency and moreover it is a kind of investment and these two factors plays a very major role in determining the valuation of bitcoin and therefore the valuation of bitcoin flactuates and this time the bitcoin is going in crises as the valuation has been deflated to a very low extent and now investors are loosing trust over bitcoin and dont want to invest into it and on the other hand media is also demotivating people for not to investing into bitcoin but still financial experts believe that there is a lot to come in the crypto market.