I don't pay attention to the price as much as the development.
Bitcoin is as promising as ever, there is no reason for me to think of it any less.
I the long run, useful technology always stands the test of time.
That's great but I have a conspiracy theory but do you agree?
Like Bitcoin shorting
People buy the contracts
Then alot people predict BTC will rise
Then the company which are providing the contract for btc shorting, they purposely make the price drop ?
I think they pumped BTC Market Cap and then withdrawing it and fk those who are having contracts.
Cause BTC surely newbies will say it will go to the moon and don't know it will drop this much.
What do you think?
Idk if I'm right just a conspiracy I thought of
There is no way for me to know such things or have any educated opinion on it.
All I can say is that in the end, it doesn't matter.
Price of Bitcoin can go up or down for any outside reason of fear, panic, manipulation, greed, etc.
But in the end Bitcoin will rise in adoption, no matter it's price.
It is simply a better technology that can survive things that other currencies can't.
With natural selection of ideas and technology, Bitcoin will either come to the top or it never deserved to come to the top in the first place.
Either way, humanity will be better off.
My opinion is just that there is absolutely nothing as good as Bitcoin and that it is senseless to not expect it to take over the global stage as a main world currency.
I made little profit with my bitcoins turning them into ATLS.
I just bought back and earned a some coins.
I like when I can take a part and earn from fluctations.
To be honest, when Bitcoin goes down compared to fiat, every cryptocurrency goes down compared to fiat.
Due to transaction congestion Bitcoin lost some of it's cryptomarket share, but the price drop was felt in every cryptocurrency for other reasons.
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