On November 22, Hoskinson took to Twitter to notify the crypto community that Bitcoin is the real deal, while accusing news media “FUD” – or fear, uncertainty and doubt – along with market manipulation, to be the reason behind the most recent decline in Bitcoin price.
According to Hoskinson, the matters revolve around Bitcoin goes far beyond just the ups and downs of its price, and expect that the most famous digital coin across the globe to achieve new market values in the future.
“Bitcoin’s price is going down? Remember everyone, after the FUD, news trading and manipulation clears out, we still have a global movement that’s going to change the world. We will see 10k btc again and welcome 100k. Crypto is unstoppable. Crypto is the future.” Hoskinson shared.
Bitcoin, along with altcoins, have all experienced a sharp decline in their market values yesterday. Specifically, Bitcoin price stood at the sub-$7,000 not long before a minor increase. Nevertheless, Bitcoin still maintains the 69% dominance rate, reinforcing its leading position despite the price drop.
In October 2019, Hoskinson also hinted that if Bitcoin is no more, the crypto scene would also be perished.