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Yo, what's up my peeps. If you've been keeping an eye on Bitcoin, you'll know that it's been taking a little break lately. That's because China went ahead and banned ICOs. Ain't that a bummer?
For those who don't know, ICOs (Initial Coin Offerings) are a way for companies to raise money by selling new cryptocurrencies. China decided to shut that down because they think it's too risky. They don't want people losing their hard-earned money on something that might not even exist in a few years.
But that doesn't mean Bitcoin is dead, far from it. The chart below shows the price of Bitcoin over the past year. As you can see, it's still going strong.
Some people might be worried about the future of Bitcoin, but personally, I ain't scared. It's got too much potential to just fizzle out. Sure, there might be some bumps in the road, but that just comes with the territory.
So if you're invested in Bitcoin, don't panic. Keep your head up and stay positive. And if you ain't invested yet, maybe now's the time to jump in while the price is still relatively low. Just don't go crazy and put all your money in, ya feel me?
Anyways, that's all I got for now. Stay woke my friends.
Bitcoin price one year ago
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