Russian, European and Ukraine Government and Industrial Systems Under Cyber Attack

a reply to: worldstarcountry

Just wanted to bring some cryptocurrecy experience to the table. Anyways, that blanket statement of speculators and shorting them all is simply not true. Granted this could still happen. But overall, the entire crypto market cap has gone up to almost $100Billion. From as low as 1 billion $$. In a matter of 2 years. It is actually increasing exponentially still as of now.

That could change, but it has not yet. If you look at a chart, Bitcoin itself reached an ATH of around 2700$ (double the previous all time high of 1350$ in 2013). Then it dumped to sub 1900$ range very briefly. I thought for sure this was it - the crash or bubble pop. In 2013 when that happened it went all the way back down to 100-200$ range quickly and recovered very slowly.

However this time around it surged back up to a new ath of almost 3k$. Then it went back down to 2200$ range and then the new peak was lower however the new dip has also been higher.

Basically, it is up in the air whether this is simply speculation or potential future widespread real world adoption causing the surge this past 9 months. But IMO, based on the charts and lack of real prolonged crash. I think bitcoin is going to settle around the 2500$ range this time around for a year or two.

By that time, real world adoptions of blockchain tech will be numerous and the sky is the limit. Just my opinion i could be dead wrong but the lack of crash changed my mind and full disclosure yes I am a crypto investor.

As to the OP, i do find it strange that these attacks are targeting Russia and eastern Europe, etc the most. To me that points to less cyber security precautions over there and the hackers simply want as much bitcoin as possible. OR it is the USgov doing it themselves as dry runs of future actual damaging (not monetary) cyber attacks. The old tools they use getting leaked provides a pretty good excuse.