Is Bitcoin back? Did the winter end for the crypto-coins?
Crypto-Coins and Bitcoin were a hot topic in 2017.
However, last year was not exactly terrific for anyone who believes that Bitcoin or any other crypto-currency will dominate the world.
In recent days we have seen a slight recovery of Bitcoin, which in turn has also dragged the other crypto-coins to a safe haven.
Bitcoin grows back?
Bitcoin finally reached $5,000 after the end of 2017 was valued at $18,000.
A severely reduced value for what the “currency” has achieved, however, inspiring for those who believe that the crypto-currency may have a place in the sun.
The growth of Bitcoin boosted the other crypto-coins.
“Bitcoin once again showed its economic resilience and potential to get rid of the ‘moderately pessimistic’ tag some analysts put in early 2019.” – said David Futter, technological financier of the company Ashurst.
He went on to say “However, substantial volatility remains in the crypto-currency market in general.”
Careful words for those who think that this is the “H” time to invest all their savings in crypto-coins.
It is unclear what happened to the crypto-coins in the last few days, but it is believed that the excellent look of companies for crypto-coins and the growth of decentralized services is one of the causes.
One of the crypto-coins that most value this decentralization is the Ethereum that curiously also grew substantially.
With the growth of Bitcoin, the other crypto-coins seem to follow.
It is not known whether this will be the future of the world and our “money.”
We believe in blockchain and all that this entails.
I think that decentralizing information is the way forward and if the future goes to that side, users and companies will be safer than ever.