Bitcoin and major altcoins have recently experienced some significant volatility. While some players in the industry believe that the
initial surge in price is as a result of value proposition and reasonable adoption of the entities, others have insisted that the surge is fueled by speculators who only want to recycle the capital to make a profit.
The recent
decline in the price of the aforementioned entities presents an opportunity for further questions about the robustness of the market value of cryptocurrencies in general. These questions arise due to the early history of Bitcoin price which saw a significant crash after previously appreciating in value.