Despite Bitcoin's crash down to $10,000 earlier this week, 600 crypto investors are currently playing tribute to the crypto craze with Bitcoin-themed music and copious amounts of alcohol on a party boat.

For the second event ever held for the annual Blockchain Cruise, the gang set off from a bay in Singapore on Monday evening and arrived in Thailand for a beach party on Wednesday, arriving on the sun-drenched shores of Thailand to the news of Bitcoin's fall.

Many attendees at the event had theoretically become rich through their acquisition of cryptocurrency, as its value grew exponentially during 2017. However, since the crash, many of them have now lost their theoretical millions.

However, as anyone who has charted Bitcoin's rocky history knows, its market value is vulnerable to temperamental highs and lows. Founder of Standpoint Research in Miami Beach, Ronnie Moas, who spoke during the event on Wednesday, was unfazed by the latest news of Bitcoin's spiralling market value. He noted, "Nothing goes up in a straight line."

Moas remains highly optimistic about the future of Bitcoin, stating that it could potentially rise to $300,000 in under seven years. Moas went on to divide the world into two groups: those who "believed" in crypto and those who did not.