Topic: Why the Recent Bitcoin Crash is Normal? - page 2. (Read 3143 times)
Because people is driven by greed. What is more important for bitcoin is the fundamental. If the adoption rate continues to grow, eventually at one stage, even when everybody is dumping, there will always be ready buyers to buy back even at a slightest reduce price and that will support the coin price.
If privacy really is the ultimate promise of cryptocurrency, and I believe it is, then Bitcoin is pretty much out of the game.
Why do you think so?
It is there to make sure that every transaction in the whole chain is "clean" at the least, and no double spending or whatsoever occurs within the entire blockchain. Well even if the whole transactions are transparent as you say, still people will have a hard time remembering all those strings of numbers for addresses and anytime they can change their addresses to a new one, so as to add another layer of security to their own holdings.
If privacy really is the ultimate promise of cryptocurrency, and I believe it is, then Bitcoin is pretty much out of the game.
Why do you think so?
A crash would mean something below the $100s mark. Small dumping of weak hands can be the caused of this decline in price.
i don't see any crash to be honest, just a small dump
If privacy really is the ultimate promise of cryptocurrency, and I believe it is, then Bitcoin is pretty much out of the game.
Why do you think so?
If privacy really is the ultimate promise of cryptocurrency, and I believe it is, then Bitcoin is pretty much out of the game.
Privacy the ultimate promise? Maybe that was the intent of the original devs but if that's true then they really didn't think it through very well
Ever since Satoshi Nakamoto published the world’s first paper on bitcoin in 2008, many inquisitive folks have salivated at the ultimate promise of the cryptocurrency: privacy.
Read full: http://www.coinfinance.com/news/why-the-recent-bitcoin-crash-is-normal
Read full: http://www.coinfinance.com/news/why-the-recent-bitcoin-crash-is-normal
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