The price of Bitcoin has declined 65% from its all-time high set in November of 2021, testing the mettle of crypto enthusiasts.Sector sentiment is negative as several cryptocurrency lending/brokerage platforms are going bankrupt and liquidity is draining out of the market.In my opinion, cryptocurrency is merely a trading vehicle, and there is a strong possibility that many digital coins could fail as long-term stores of value.History shows that technological advancements in currency are not a new phenomenon, and this time may be no different in terms of the end results. The word is about, there's something evolving, Whatever may come, the world keeps revolving... They say the next big thing is here, That the revolution's near, But to me it seems quite clear, That's it's all just a little bit of history repeating. The newspapers shout a new style is growing, But it don't know if it's coming or going, There is fashion, there is fad. Some is good, some is bad. And the joke rather sad, That it's all just a little bit of history repeating. Source: Propellerheads ft. Shirley Bassey, History Repeating Investment ThesisBitcoin (BTC-USD) was revolutionary in the fact that it brought about a new technology to the world - the blockchain. This technology has the potential to become a greater part of society, but with great potential comes rampant speculation on the part of investors. History shows us that this is not a new phenomenon, ...
