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RE: When Bears are in the Market
BTC is still the same coin. Supply is still low af and they have every market.
Worst case scenario, BTC stays low and we get to watch McAfee eat his dick on live national tv.
Lets be honest, it would only take one solid announcement from BTC Core to make things go bonkers again.
I purely believe this is all FUD. I don't understand how could Wall Street saying btc may go 1000$ is not that baseless to win short on bitcoin in future trading ? but I am pretty sure we are gonna see ATH again by august. South Koreans banks said that they will enable exchanges account by the end of the month.
From my perspective when BTC is mooning, everyone fuds the alts. When BTC is questionable everyone fuds BTC. Yes other networks have faster/feeless/private/masternode/staking etc... but all those coins sell for BTC, and until that changes its going to be the medium of exchange for cryptos. Lucky for us, SBD/Steem are making headway by accepting KRW directly, via UpBit.