An observation on Bitcoin resliliency

in #cryptocurrency6 years ago (edited)

I'm old enough to have lived and invested through a few bubbles and bursts and remember the coordinated positive press on real estate right before the subprime crisis. Yes, Bitcoin has fallen in value but I'm frankly impressed that it has only fallen about 60% in value. Normal companies go bankrupt from this kind of international coordinated onslaught in the press and politics (notice how politicians have only said things and done small targeted things, but haven't banned anything). There's something solid to this tough little terrier that won't quit even while under assault. That's impressive. Once they stop talking about it and just let Bitcoin be Bitcoin, I thine we're looking at a very positive upward correction.