i analysed the chart of bitcoin and i focused on times when the price were dropped, I concluded that the bitcoin always save him self and back up more then ever.
Because of the current crisis for bitcoin which is not the first in its history, some people have become suspicious of the future of this crypto currency, so much so that they are saying it is useless.
I just want to remind the world that bitcoin is the first crypto currency in the history, raised in 2009 as decentralized currency in the blockchain technologie.
bitcoin has the value, because is the first.
It is true that bitcoin always finds its way back to the top, and always comes back stronger than ever, but with a high price like this, shouldn't we ask ourselves who would use his bitcoin to buy things these days, no one would, because spending a 10$ worth of bitcoin today maybe become 1000$ tomorrow and that though is what prevents bitcoin from becoming a being a practical currency, bitcoin is good and was the first and has brought a revolutionary idea of transactions to the world, but it is not well adapted to be used as a regular payment method.