Below is a brief coverage of most important media mentions about cryptocurrencies >>>>>>>>>>>
All material in this post is gathered from various sources and is the collection of media news, not my subjective or objective opinion
Today is July 10, 2018
To begin with:
Todd Colvin, analyst at Ambrosino Brothers
is one of the crypto bears but he says - he can turn bullish when he sees clarity in the crypto system. It is very important to see the balance of investments and secure environment, without fear of loosing everything to some hacker who can easily take away all your wallet.
Source of this info is a CNBC article which you can read by using the following URL - https://www.cnbc.com/2018/07/10/bitcoin-bear-says-theres-one-thing-he-needs-to-see-to-turn-bullish.html
Is the drop of BTC price good or bad? It depends for who :)
As the crypto prices are down by more than 50% in 2018, one can say that the total market capitalisation is also down by more than 50% which is billions and billions of dollars but.....
Gamers are benefiting from this as high end GPU prices are also down and it is no more catastrophically expensive to buy one for a good gaming machine.
Here is the source URL where you can read the full article about GPU prices and Crypto prices correlation: https://www.computerworld.com/article/3288925/computer-hardware/as-bitcoin-values-slide-high-end-gpu-prices-drop-too.html
Meanwhile
BTC price attempted to reach $7000 level but eventually failed to do so as prices went back to $6000 zone. At the moment of writing the price is moving between 6300 and 6400 levels.
might be a good idea to stock GPUs while they are cheap and sell them to miners after next bull run :)