For quite sometime now I have been secretly praying and hoping that Bitcoin doesnt rush with this upward trend.
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!
As a burst, its not your prayer that got answered as if it had been about prayers getting answered then during the time when price fell to $15,000 from the high point, the prayerful people would have pushed it back to $20,000 or above that. Its simply the forces of demand and supply. Getting to the point of praying about it means you are not getting detached from the dynamics of the market which to me is the worst thing anyone could do no matter how much of a believer you are.
Getting worried about it is just not going to change anything at all unless efforts are geared towards actions that would increase the activities and thereby increase the price of bitcoin. But thinking, speculating and even praying about it, won't move things.