It had being a hard 24 hours for the crypto markets, as bitcoin price fell beyond $9500, forcing a lot of people to sell their share in fear they may lose everything, other people took the oportunity and bought cheap coins in hope for the market to recover which it did (somewhat), bit it is not over, it is never over.

What what the cause of this madness? You don't need to be a genius to know that unless you live under a rock and if you did man that's an amazing rock to live under, in resume bitconnect closed doors, plus recent news of several countries expressing they intentions of going hard against bitcoin make every one and their mother panic, but you don't have to believe me, you can take a look in the market and you can read all about it. And as we had seems, if bitcoins dies almost every other coins will follow.

Nevertheless, now that the markets are recovering some people can finally see the light, but i fear that another big drop in prices it is still underway, and this will be even worse than we had seem in the last couple of days. Nevertheless there is a way to live trough it, just breath and of don't panic, this may never come to past i am just wrong, in which case, well i am glad i am wrong about and second, There was a time when bitcoin prices dropped from $1000 to just $192 and everyone called the dead of bitcoin then a there and yet here we are.

Taken from oinmarketcap.com/currencies/steem

Taken from oinmarketcap.com/currencies/steem

Take care Steemians and keep posting.

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