In the past seven days, Bitcoin has been above $11,600, below $8,500 and is currently trading around $9,500. Panic or positivity amongst investors has swayed with the latest offerings from the Bitcoin news cycle, whether the stories be true, false or exaggerated.
Times change, stories come and go, the price goes up and down, but Bitcoin itself remains solid and secure. It is still the number one cryptocurrency and the only one that is truly decentralized. There is no founder pulling the strings or tossing up whether transactions should be reversible.
Bitcoin has proven its resilience through years of varied market conditions and it has survived despite attacks from within and without. No one controls Bitcoin and no one can control it. The same can not be said for other coins within the crypto space.
SegWit adoption is bringing cheaper transactions, the Lightning Network is bringing faster transactions and it's still early days in terms of supportive technological developments.
If you're on the Bitcoin roller coaster, hold on tight. For many, doing so has turned fear into exhilaration.
Tone Vays went to extraordinary lengths to convey to viewers of his, Trading Bitcoin show, that the price of Bitcoin has been turned on its head. Seriously, I have not doctored this image. You can check out the upside down Tone episode for yourself here.
Of the technical mishap, the Bitcoin trading expert said, "I didn't do anything different, but for some insane reason, my webcam is showing me upside down. And I have absolutely no idea how or why, because the last time I used my computer I was streaming as a guest on the hyperwave channel and my camera was not upside down."
Well, at least this 'Tone flip' gave Bitcoiners something to smile about during the 'price flip' ... and perhaps an opportunity to 'buy the dip'.
BitcoinToTheMoon.com has rocketed to the Google moon, reaching number 1 for the search term, 'Bitcoin to the moon'.
Like the Bitcoin price, Google rankings can go up and down, so I captured the moment in time when this website first reached the search pinnacle for the popular phrase. That's one out of ONE MILLION, SEVEN HUNDRED AND EIGHTY THOUSAND results. Nice :)
Now, here's to establishing a long term hold on the position. Cheers, and Bitcoin to the moon!
Bitcoin trading expert, Tone Vays', recent interview with controversial Bitcoin figure, Richard Heart, revealed areas of disagreement, including Richard's upcoming ICO. They do, however, share common ground in relation to where they hope Bitcoin will go.
Richard Heart: "Bitcoin to the moon. I hope."
Tone Vays: "Yes, I agree with the Bitcoin to the moon part."
Well said, gentleman. Bitcoin to the moon. Let it be so.
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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