The price of Bitcoin (BTC), the largest cryptocurrency by market capitalization has since faltered in the market after enjoying a surging trend that took it above $9,000 price level a couple of days ago.
The significant downtrend has been attributed to the unrestrainable spread of coronavirus that is negatively impacting the sector of health and economy across the world.
This huge downtrend of Bitcoin price has fueled the critics to envisage the end of the digital currency. It took BTC a couple of hours to lose relatively $1,000, which serves as a backup to critics’ assertions.
BTC is now priced below $8,000 level, but it seems to have bottomed. It’s now revolving below the price level for possible price uptrend.
At the time of filing this report, BTC is trading at $7,861.16, with a 2.42% price downtrend in the last 24 hours.
Jimmy Song Believes Nocoiners Will Regret for Not Buying When BTC Hits $100,000
A Bitcoin educator and developer, Jimmy Song has some hours ago asserted that the unbelievers in Bitcoin’s potential will have themselves to blame when BTC attains $100,000.
He shared this sentiment with over 150k followers on Twitter, when the digital currency was still experiencing a significant downtrend.
He added that the nocoiners won’t remember that their failure to buy the dip was a result of the fear and uncertainty they allowed to rule over their investment decisions.
Conclusively, he said, the patient holders will realize why they deserve the profits when the time comes.
Jimmy Song shared this, “To nocoiners: * When Bitcoin hits $100k, you’ll be kicking yourself for not buying * What you won’t remember is that you felt all the uncertainty and fear and that’s why you didn’t buy when price actually dipped * Holders know and that’s why they deserve the gains and you don’t.”
* When #Bitcoin hits $100k, you'll be kicking yourself for not buying
* What you won't remember is that you felt all the uncertainty and fear and that's why you didn't buy when price actually dipped
* Holders know and that's why they deserve the gains and you don't
— Jimmy Song (송재준) (@jimmysong) March 10, 2020