Bitcoin has died ?

in #bitcoin7 years ago


Hello to the whole community of Steemit.


The bitcoin is dead? Is the end of the bitcoin and the criptomonedas as we know them? Blessed are those who sold when the price was 20,000 dollars and those who bought at 20,000 dollars? Is it time to cry?


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Bitcoin has died again.


The bitcoin is the Cryptocurrency to my seemingly immortal; I have seen how throughout this time have been presenting attacks, manipulations and a number of events that have generated panic, fear, fear in the market and this has triggered the withdrawal of massive money from investors.

But this does not end here: I tell you that seeing a news in a portal I found that the bitcoin has died 251 times. Bitcoin has died over 200 times.

Source page

It is natural that most people feel anguished or fearful about the events that have been present in the last days.
China's prohibitions, South Korea's regulations, the problems of Bitfinex and tether, and a number of news items such as the famous Bitcoin bubble that already exploded.

At this time the price of the bitcoin is quoted at around 7274 USD with an abrupt drop if we return to the historic 20,000 USD. Although the markup seems to be recovering and the bitcoin and all the criptomonedas are having an upward correction

I consider that if this criptodivisa has already died more than 200 times means it is immortal, because in reality every supposed "death" that has suffered has made it stronger and it is clear as they say out there: "What does not kill you makes you stronger."



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I think if the trend continues as it has been historically since in the year 2009 was born this Criptodivisa we would not have to worry because in general the only thing he has done is reach historical maximums.


I can't assure you that the Bitcoin in a week is going to be at 20,000 but what if I'm sure is that those who bought bitcoin when it was worth almost nothing and waited for the 2009 to 2017 became millionaires, perhaps some of those old investors sold when the Currency reached 100 USD or when it hit 500 USD or 1000 USD and large amounts of money were made but if they had waited a little longer and had sold when the price reached its maximum historical we would be talking about something else.


This market is very volatile so we must accept that, just as we make large sums of money with our investments in the same way by different news or various factors that happen, very strong corrections can be presented in The price, so I think it is best to have patience and all of us should be attentive to all this situation that has been presented in this market. in the same way I'm sure the Criptodivisas came to stay!


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This post was written based on my knowledge, and information acquired through the Web.
The web pages that helped me to supplement the information are:
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The version of this post in Spanish you can find here