It looks like Cryptocurrency markets are recovering
It finally looks like bitcoin is coming back!
Bitcoin has been falling for almost a week now. But Today it finnaly look like its recovering. The market recovery comes in the wake of a major dip at the end of last week that was followed by several days of volatility. Just last week the cryptocurrency market was awash in red. However, Bitcoin has a long way to fully recover its pre-dip heights...
Bitcoin(BTC) is a Nuber 1, distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars or euro, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Therefore, it is more resistant to wild inflation and corrupt banks. With BTC, you can be your own bank.
Not all people think the same way.
Many people beleive that its going down now due bad South Korea and US news. There are lots of people that think bitcoin is a bubble, and that's predicted on the concept that bitcoin has no value. But I think there's reason to believe that that just isn't true..