It will recover a little bit but then it will go down again. The crypto market was damaged through the manipulations at the end of 2017 and it has not recovered until today. It annot recover because currencies have been invented to improve the trade in goods and services. Unless crypto currencies are not used to trade at least services there will be no recovery as exchanging crypto currencies against cryptos or fiat currencies makes no economic sense at all. You have to look at the gold price in the next days. If the gold price is going up in the next weeks significantly then the bitcoin will drop below the 10.000 Dollar benchmark. And then it will take some time to see much higher prices for all crypto currencies. But in the end the cryptos will not only survive. The cryptos will defeat the central bank systems in this decade and create more wealth for more people than ever before.
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I totally agree with you. after this tragedy, bitcoin will get back again to its track and start to skyrocket. Currently, government and central banks declared war against crypto, they are trying their best to eradicate virtual currency in their lands. but i firmly believe that crypto will end up a winner in this battle of supremacy.
You mean like PayPal and their absolute LIE CAMPAIGN!!!??? "PayPal Is New Money"!!! Really? I thought it was an archaic platform for sending and receiving money for the type of things you stated! Oh yeah and since it's break with E-Bay it's a cesspool of scammers, ALWAYS siding with the buyers!!!!