{"id":1390,"date":"2019-02-13T13:02:22","date_gmt":"2019-02-13T07:32:22","guid":{"rendered":"https:\/\/blockchainappfactory.com\/blog\/?p=1390"},"modified":"2019-02-14T14:38:31","modified_gmt":"2019-02-14T09:08:31","slug":"nuclear-sleep-or-just-a-slumber-whats-it-to-be-for-bitcoin","status":"publish","type":"post","link":"https:\/\/www.blockchainappfactory.com\/blog\/nuclear-sleep-or-just-a-slumber-whats-it-to-be-for-bitcoin\/","title":{"rendered":"Nuclear Sleep or Just a Slumber, what\u2019s it to be for Bitcoin?"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong><span style=\"color: #000000;\">What\u2019s with the grave cryptomarket?<\/span><\/strong><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Is \u201ccrypto-winter\u201d really here? Let\u2019s find out the answer to this trillion dollar question. Not just Bitcoin but the entire crypto market has been agonized by this year-long deterioration. As a consequence of this value drop, caused by the weak adoption of Bitcoin, there is now a dent in the cryptocurrency industry. The only thing \u2018stable\u2019 about Bitcoin has been the perpetual fall in its price. Bitcoin\u2019s prime-time was in December 2017, when the price soared to almost $20,000. \u00a0Now, the prices have dropped by almost 80%. <\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Many conjectures from various companies have led to the assumption that crypto-winter could go on for a longer time if prices fall any further. <\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The peril of going into a nuclear crypto-winter is scary, to say the least. <\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">A few pressing questions like, \u2018why is crypto adoption not being done for real where are the real numbers and volumes? Was all this just a bubble?\u2019a re being asked on the internet by many crypto enthusiasts. <\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Bitcoin\u2019s value is fluctuating. It gains momentum only to take several steps back. \u00a0The unpredictability and uncertainty on a daily basis is the right time for acquisition and adoption, but this isn\u2019t something traders want right now. This virtual winter has caused many bitcoin and cryptocurrency based startups to cut down on jobs or entirely shut shop. The new top 5 roster shows, the Bitcoin Cash and Bitcoin SV have been struck out from the list.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">About $400 billion has been removed from the cryptocurrency market over the span of one year. There is a dire need of Stable Coins, to balance out the slow economy created by the drop in Bitcoin\u2019s price. <\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">If winter is here, can spring be far behind? <\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The good news is that as per the data generated in the last three years, Bitcoin has galloped in February. The second month has ensured greater success in Bitcoin\u2019s value. Adding to this, the promise of many investment firms providing crypto-based working products has elevated the hopes of numerous people. <\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The rise of <strong><a href=\"https:\/\/www.blockchainappfactory.com\/security-token-offering-services\">Security Token offerings<\/a> <\/strong>will have a directly proportional effect on Bitcoin\u2019s utility aspects. STO\u2019s will increase the general trade of coins in any exchange and the liquidity aspect of Bitcoin will witness a hike. After a sabbatical, cryptocurrency development is gaining steam, and <a href=\"https:\/\/www.blockchainappfactory.com\/cryptocurrency-development\"><strong>cryptocurrency development companies<\/strong><\/a> have started to get fresh orders for the creation of better tokens and exchanges. <\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">With many countries keen on adopting cryptocurrencies, it will happen, and the crypto sun will shine again, it&#8217;s about time.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; What\u2019s with the grave cryptomarket? Is \u201ccrypto-winter\u201d really here? Let\u2019s find out the answer to this trillion dollar question. Not just Bitcoin but the entire crypto market has been agonized by this year-long deterioration. As a consequence of this value drop, caused by the weak adoption of Bitcoin, there is now a dent in&hellip;&nbsp;<a href=\"https:\/\/www.blockchainappfactory.com\/blog\/nuclear-sleep-or-just-a-slumber-whats-it-to-be-for-bitcoin\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Nuclear Sleep or Just a Slumber, what\u2019s it to be for Bitcoin?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1391,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[49],"tags":[227,226,228],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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