Bitcoin has reached a 10-month high in transaction volume. The Tx fees are now at a multi-year low. These figures suggest that fundamentals remain intact, due to factors such as scaling of the Bitcoin protocol and the relatively moderate price of Bitcoin transactions.
Bitcoin was declared 91 dead in 2018 alone, and 337 times so far. But despite the current bear cycle, data show that Bitcoin has grown more than 82,000 percent over the last seven years.
2018 was not a bad year for Bitcoin
Because as long as these Siberian babushkas continue to use their bitcoin miners to dry pumpkin, tea and herbs (and, incidentally, improve their pension), everything will be fine.
We wish all our readers a happy new year!
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