Bitcoin’s Revitalization
As they believe that Bitcoin will be revived, bitcoin bulls have placed all their hopes on this year. The imminent entry of Bakkt, Nasdaq, and their respective BTC futures contracts will not only boost the token’s value but also attract institutional investors to the ecosystem.
A similar survey by YouGov was conducted in November and found that 20% of people in Britain believe BTC will become as popular as cash or card payments in future. A second survey aimed at millennials found that interest in cryptocurrencies has been growing rapidly. A survey also revealed that 38% freelancers regularly use cryptocurrency. These results show that more institutions and investors will be looking to the crypto market as soon as the market recovers.
Twitterati’s verdict
Alistair Milne, a Bitcoin evangelist, said that the Twitterati actively commented on this activity.
“Remember the Bitcoin mining death spiral FUD?” Just adjusted mining difficulty to +10%
CryptoCoinMaker is a Twitterati who said:
” Miners have either much more electricity than me, or they believe a bounce is coming .”
Kirkins, another Twitterati stated:
“Strange Mining Costs Increased 10% Despite Bear Market”
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