We are in a bear market and bitcoin has disappeared from the news. In my post about the gathering storm clouds on the Bitcoin horizon, I had little good to say about the state of the markets. The market is down now and good investors know to buy when there’s blood on the streets and sell when there’s music in the air. So I suggest we now use the bloody streets to our advantage. The market-shaking brutality can be emotionally exhausting. That’s why it’s elementary for an investor to be convinced about his investment. So: what are we actually buying? Or, put another way, what is the real value of Bitcoin?
Reading time: 33 min