We've been noticing the upwards and downfalls of BTC in market, we've watched news, listen to the economy experts, reading banker's reviews and keeping our eagle-eye over the #Crypto-currency fluctuations.
Within the timeline of 1-year, the good days have came and pass, the good things happen to crypto and so, the bad.
What i am suggesting here, after reading experts views that crypto is bubble, crypto is just a fluffy game and will end at some point, or the bubb;le will burst and BTC and other currencies will remain at "0" value.
#Cryptocurrency has survived, i want to relate the #CRYPTO with "THE ROCK", a wrestler, fighting with different opposition, trying to win, making them tired till the end and attack in response after the opposition gets tired.
#Cryptocurrency has fought back, as the speculations spread around, countries like South Korea, India, UK has taken action against and filled the market with uncertainty.
Even with actions taken against CRYPTO currencies might have gone successful, but its effect remained for a period of time, Crypto (BTC) lost its value around 50% in weeks, but still it is recovering.
Because, #crypto has now huge value in market, not because of people are buying it and paying for it, but it evolved in many different shapes and structures, many online shops are pulling into crypto and creating the gravity and ozone layer around it, that even if the minning machines stops, the crypto will still remain and will run afterwards.
Crypto-currency has proved this time, that how #tough it is, how it survived the most dangerous times. If today's BTC value is approximately 8000$ with existance of rumours and pressure. It will rise 50x more faster when the clouds vanishes, clouds i say, the pressure and speculations, #uncertainty.
The BTC/others will recover faster as we've analyzed that market massive pressure and actions taken against it couldn't damaged it, as it fought back with full power.
As a business graduate, i may not be the expert in it, but i've felt its existance, and the technology behind crypto is far more powerful than any other currency.
#CRYPTO is currency of GLOBAL economy!!!