Now, Zhao Dong, a Chinese billionaire who's one of the world's largest over-the-counter traders of bitcoin, has said now is the time to stock up on bitcoin because the "only thing you need is patience." The bitcoin price has been hovering around the $3,600 for most of 2019 after dropping sharply in November last year amid a civil war in the bitcoin cash community, a varient of bitcoin. Now [in the bear market], I start to talk people into buying bitcoin," Zhao added. Bitcoin and cryptocurrency fever gripped the world in 2017, with some major coins, including Ripple's XRP, ethereum, and litecoin, seeing price percentage increases that far outstripped bitcoin itself. I think it will be [bitcoin] given all the tests it has been through and the principles behind it, how it was created," Dorsey told podcaster Joe Rogan, though he didn't speculate on what this might do to the bitcoin price.

Source: Forbes February 13, 2019 07:43 UTC