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Re: Do you think bitcoins will disapear or become unused?
by
Amph
on 07/01/2016, 08:03:42 UTC
People thought that bitcoin will disappear from the economy a while ago, however the coins have passed the test of time and it is even growing at a speed rate know could ever imagine of. Now that big financial institutions in the world are supporting and investing in bitcoins, it is a indication that they will not run out of market. It is a force that is here to reckon. I am so sure that by the end of this year, the digital currency might have been allowed in very many nations.

True, but what happeneds if the mining part is over and the price vs energy cost are not important anymore?

My fear is the price will crash and that money will go to other digital forms of payment.

it is more likely that some fiat will crash and the money will be sucked into bitcoin, than anything else

i'm not talking about major fiat like usd and euro or cny, but minor fiat are not secure right now, i cna say that soem of them are comparable to the stability of some altcoin