The awakening truth about bitcoin and crytocurrency

in #busy5 years ago

For the whole month of January60.jpg
, crypto currency is the talk of the town, but in this case, it is not the rising value of last year's record of more than 10,000 USD but the falling value and almost to no value point that people begin to be skeptical about the survival of crypto currency. Crypto currency has seen a lot of attacks from many sources, both Govt and Individuals of high power and position. Recently, Google said it will not show crypto currency and bitcoin adds on its site. This is a blow but against all odds, crypto currency and bitcoin had survived all these attacks and had come to stay for ever. Cheers my fellow steemians. One love

Sort:  

Agree with you that crypto is here to stay, given all it has survived in its first ten years of existence. I think one statement is not quite accurate. “the falling value and almost to no value point that people begin to be skeptical about the survival of crypto currency.” It hit a low of $3,200 per coin. An ounce of gold is presently $1,300. It takes almost 3 ounces of gold to equal one Bitcoin. While all things are relative, I do not find $3,200 to be “almost no value.” Many people do not buy gold because it is so expensive. One Bitcoin is way more expensive than an ounce of gold. And if we compare it to silver, well you get the point. HODL everybody. Better days are coming.

Yeah buddy, better days are coming, I never knew that gold is less expensive to one bitcoin, if that is the case, we are still on top.