It seems like bitcoin is at the mercy of Twitter these days, in fact, some recents tweets could be the direct cause of $42,000 dip. I have to admit, bitcoin dropping nearly 30% over a month is significant. Unfortunately, this will scare off a lot of people that were considering bitcoin as an investment opportunity. However, what those scaredy cats need to realize is that the volatility of bitcoin is what makes it so great. Despite bitcoins massive downfall, I could not be more eager to buy. I am going to work on scraping together as much cash as possible so that I can buy in at this great price. It would not surprise me if bitcoin dropped into the $30,000 range and then bounced up to a new, all time high.
