Since yesterday, the price of bitcoin hasn’t changed much… In fact, it’s roughly about the same. It’s hovering at around the $236 range, and many of us are wondering if things are going to remain as they are for the time being.
Bitcoin has its slow days. We’ve all come to realize that, and in an attempt to be honest with ourselves, we should all recognize the fact that pretty much everything, not just currency, has slow days to overcome. Heck, even people have their slow days. How many of you have gone to work in the past and had difficulty getting your energy up? How many of you have had difficulty waking in the morning, despite the fact that you got reasonable hours of sleep the night before and your period of slumber went through little to no distractions? How many of you have been working on something specific with co-workers and had to be told something three or four times because you’re either feeling tired or drained from the previous week? It happens to all of us, and bitcoin is no exception.
However, despite the slow period that we all go through, we have to accept the possibility that our slow days can sometimes put others through difficult times. If we’re at work and our lack of energy is causing us to move or react slower than normal, that usually puts strain or extra work on the shoulders of those around us. Bitcoin does the same thing. These slow days are difficult for digital currency enthusiasts because they’re left hanging in the dark, not witnessing an increase in their funds and wondering what’s going to happen next. In other words, we’re feeling the pressure.
What do we do when we’re not quite ourselves? We usually need a pick-me-up. A cup of coffee or an energy drink or even a small meal often does the trick. The trouble with bitcoin is that it doesn’t eat or drink, so what kind of pick-me-up does bitcoin need? It needs some fantastic news to get it through the day. It needs something to push it forward and bring its reputation streaming across a golden pond. Something like the upcoming US Marshals bitcoin auction in March could possibly do the trick, so let’s wait and see if the price expands within the coming weeks.
Once and for all, we want to see where bitcoin truly stands…