Topic: [2017-11-14] When will bitcoin collapse and what stands behind crypto hype (Read 6406 times)
November 17, 2017, 10:35:36 AM
Bitcoin may collapse, when every housewife, student, school teacher, taxi driver invest their holdings into cryptocurrencies. This bubble have extremely large potential for growth. Only government restrictions can slow it down or significantly decrease the price.
November 17, 2017, 12:24:57 AM
Bitcoin can cede its place to the leader of the crypto currency if its development team does not timely eliminate the difficulties that have arisen with using bitcoin. Now many people complain that there are more than half a million hung transactions. The bandwidth of bitcoin in seven transactions per second does not meet the increased requirements of users. This is a big bitcoin problem, which must be urgently eliminated.
November 16, 2017, 07:07:56 AM
WHEN WILL BITCOIN COLLAPSE?
There is a widespread opinion often met in the media that crises taking place across the world increase the demand for bitcoin and other cryptocurrencies. Recently there has been some suggestions that confrontation between the US and Korea fueled interest in cryptocurrencies. Is the cryptocurrency market so sensitive to all sorts of political games, and is it true that it’s just a pyramid and that bitcoin will crash soon, Bitnewstoday figures out.THERE IS TOO MUCH PR-FAKE IN CRYPTO NEWS
The talks about influence of political confrontations on the demand for cryptocurrencies are considered by most experts as a PR-fake. In their opinion, journalists and representatives of crypto startups with such positions just give out desirable for valid.Considering that the total market capitalization of...Read more
This sounds like a poor Google Translate article. One would wonder if you can’t even get language correct, why one would rely on their forecasts.
November 15, 2017, 02:01:53 AM
I think either extreme case is unlikely.
I don't think bitcoin will be wiped out or replace fiat anytime soon.
I don't think bitcoin will be wiped out or replace fiat anytime soon.
November 14, 2017, 11:39:40 PM
Collapse would be inevitable if bitcoin prospered safely and rose to meet its death. On the one hand, low throughput of only seven transactions per second and the high cost of the transactions themselves, and on the other, an exorbitant price gap from other crypto-currencies, which has been exacerbated as the demand for it rises. Bitcoin cash eliminates this bias and due to its improvements in comparison with the original bitcoin, it itself grows in price. We need a healthy competition between bitcoin and its clones, which would lead to their improvement, rather than pumping the bubble, which actually happened.
November 14, 2017, 07:48:08 AM
WHEN WILL BITCOIN COLLAPSE?
There is a widespread opinion often met in the media that crises taking place across the world increase the demand for bitcoin and other cryptocurrencies. Recently there has been some suggestions that confrontation between the US and Korea fueled interest in cryptocurrencies. Is the cryptocurrency market so sensitive to all sorts of political games, and is it true that it’s just a pyramid and that bitcoin will crash soon, Bitnewstoday figures out.THERE IS TOO MUCH PR-FAKE IN CRYPTO NEWS
The talks about influence of political confrontations on the demand for cryptocurrencies are considered by most experts as a PR-fake. In their opinion, journalists and representatives of crypto startups with such positions just give out desirable for valid.Considering that the total market capitalization of...Read more
Let me answer you based on my study.
Demand for cryptocurrencies may not cause worldwide crises because it is only a demand per se. There is nothing in it that will affect how the world revolves and conducts trade and commerce. Nevertheless, worldwide crises may come to play when all people do is transact using cryptocurrencies because by then, there will be no longer enough tax for the government to sustain its cause thus chaos arises. Imagine if almost all people earn through Bitcoins, these business transactions can hardly be taxed because its business is anchored on anonymity. In this situation, I do not think Bitcoin will ever collapse UNLESS governments worldwide unite to put an end to it. Although to be really realistic about it, the latter statement is better said than done.
November 14, 2017, 04:20:59 AM
WHEN WILL BITCOIN COLLAPSE?
There is a widespread opinion often met in the media that crises taking place across the world increase the demand for bitcoin and other cryptocurrencies. Recently there has been some suggestions that confrontation between the US and Korea fueled interest in cryptocurrencies. Is the cryptocurrency market so sensitive to all sorts of political games, and is it true that it’s just a pyramid and that bitcoin will crash soon, Bitnewstoday figures out.THERE IS TOO MUCH PR-FAKE IN CRYPTO NEWS
The talks about influence of political confrontations on the demand for cryptocurrencies are considered by most experts as a PR-fake. In their opinion, journalists and representatives of crypto startups with such positions just give out desirable for valid.Considering that the total market capitalization of...Read more
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