Bitcoin is holding steady above $3,000 as most major stock markets around the world are entering bear territory for the year. Investors are hoping that the temporary floor of around $3,400 for the most famous crypto will hold and serve as a jump off point from where Bitcoin can once again reach to greater heights.
Meanwhile experts predict that the Cryptocurrencies and their underlying blockchain technology will be entering 2019 as their make or break year. Certainly the underlying trend of a global slowdown will be a good test to see whether Crypto is something global investors are willing to enter once stocks go down.
Mr David Thomas, director of the Mayfair-based cryptocurrency broker GlobalBlock, says: "Many billionaire investors in traditional financial markets remain optimistic about the long-term upward trend in crypto despite the near 85 per cent decline in valuation across the board."
Related coverage: Japan - Shinoma Continues Development Of Susucoin Freedom Of Speech Cryptocurrency
"The simple fact is that these high-profile investors can manage losses that arise from these movements in high-risk emerging assets as they are only a proportionately small part of their overall portfolios, and they believe in the value that will be created in the long term."
Continuing concerns about the growth of the world economy keep dominating the mood on worldwide stock markets. Over in Europe, the continued uncertainty surrounding the Brexit deal is keeping investors up at night, as they unleashed a new sales wave of the British pound which now fell to its lowest level in 18 months.
The Susucoin team has meanwhile just implemented the first anonymous text board built from the ground up on blockchain technology.
Although it still looks raw and basic, those interested will be reassured that the coin’s profits will now be used to defend free speech forever from all detractors. For more information on the textboard visit: Vipsumo
At the time of writing, Susucoin was trading at `0.00000280 bitcoin` per susucoin.
If you are interested in investing in the crypto that will protect free speech, get your wallet at: Susukino
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