A crash? Last crash was 1100->250, so maybe we now go from 2700->600?
Sounds horrible, but...last time we went from 250->2700, so if in 2 years we go from 600 -> 6000+, we can live with that I guess
Sounds horrible, but...last time we went from 250->2700, so if in 2 years we go from 600 -> 6000+, we can live with that I guess
I think that is based purely on supply and demand but there will be no demand then if the system can't cope with higher volumes, how long will we have to wait for a confirmation then? There is no point buying a currency that you can't use..right?
That is the biggest drawback with bitcoin as of now. Even though we pay a high fee also sometimes we need to wait hours to get transaction confirmations. But I believe developers will do something to improve otherwise slow people may move to some other potential altcoins. Also, we can't guess the prices based on last time trend because now bitcoin demand is higher compared to a few years ago.