- Documenting Bitcoin has disclosed that BTC active users are now the same as the Internet did in 1997.
- Bitcoin is currently trading at $34,809.25.
According to a tweet from Documenting Bitcoin, the flagship crypto Bitcoin (BTC) current active users are roughly the same if compared to how the Internet did in 1997.
— Documenting Bitcoin 📄 (@DocumentingBTC) July 6, 2021
Moreover, Documenting Bitcoin further mentioned that despite the ongoing crypto bull market, Bitcoin continues to show a steady forward growth every day. In this essence, BTC is not even ready to give space to other existing digital assets to surpass it. That sounds awesome.
In fact, Documenting Bitcoin’s tweet attracted many crypto Twitter enthusiasts’ attention. Likewise, many people shared some negative thoughts after seeing such a Bitcoin tweet. The Twitter community also questioned Documenting Bitcoin as to why they keep repeating this Bitcoin tweet.
Consequently, this made many others say that Documenting Bitcoin does not have much info to report again because of the bearish market nature nowadays.
Furthermore, others also said that the current Bitcoin users do not even match its price in any way. “the Ponzi Scheme cannot handle conversions into fiat and subsequent withdrawals on a large scale”
Bitcoin price is $34,818.03 with a market capitalization of $652,671,734,537 at the time of writing, according to CoinGecko.