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Topic: Is it the end of cryptocurrency? - page 2. (Read 358 times)

full member
Activity: 336
Merit: 100
November 27, 2018, 09:00:00 AM
#7
Yes, cryptocurrency is dead and has no use. Even though its usefulness is in no way tied to its price and that price is still much higher than just a few years ago. Not to mention that there aren't millions of people using cryptocurrencies with many new institutions making movements to enter the market. Given all that, Crypto is nearing its end.
full member
Activity: 490
Merit: 106
November 27, 2018, 08:55:10 AM
#6
We can never tell. We've seen a lot of decline, correction and crashes, etc on the price of Bitcoin from the past but still it recovered. I'm not saying that it will always go that way but it is still possible. Remember that when the price is low, there are people that will always buy and there are whales that will try to manipulate the market. It is just funny that a lot of people are saying that this is the end of Bitcoin while the price is still higher than the last 7 years.
hero member
Activity: 1246
Merit: 529
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November 27, 2018, 08:23:39 AM
#5
Well those three can't be the only possibilities why this is happening to the market in whole. I mean, yeah whale manipulation will always be a factor and who knows, maybe your second choice is on it's way but there could also be several other reasons for this. One thing i'm sure of is that this is far from being the end.
full member
Activity: 560
Merit: 102
November 27, 2018, 08:21:45 AM
#4
Well, if logically think that the United States is beginning to introduce cryptocurrency for state needs, then the fall is justified. I think that the reason for the fall is still an opportunity to determine the potential of cryptocurrency - the fact that the first has fallen, is unnecessary for anyone, the fact that it falls the longer it will have to be used further.
Usually against the background of a general decline, when everything is falling, the introduction of new technologies takes place, which means that the fall as such signals a full transition to the scrypt algorithm.
The introduction of blockchain 4 versions will just happen with the scrypt algorithm and it will all happen again.
member
Activity: 597
Merit: 10
November 27, 2018, 08:17:32 AM
#3
The weird question actually, bro what is happening now with cryptomarket it is natural or maybe one kind of habitual fact nothing is new after all. Please stop thinking or imagine that this is the ending of cryptocurrency but it is common nature and even this will change very soon.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 27, 2018, 07:59:22 AM
#2
nothing is new in the current market. it is same as it has always been. bitcoin is being manipulated and is dropping lower, altcoins follow it down. and like always there are certain people who realize the trend of the market and go with the flow to make more money and some others who try resisting it and lose money.

in any case this can be both an opportunity and a way to burn your money. if you buy bitcoin in the dips while everyone else is worrying about the price you win.
hero member
Activity: 1176
Merit: 509
November 27, 2018, 07:35:58 AM
#1
Please vote and tell us your reason why you chose that answer. TIA!
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