Post
Topic
Board Economics
Re: How long could bitcoin last?
by
Kim Domingo
on 26/09/2017, 20:36:27 UTC
As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
Probably, bitcoin can do really last for a long time since it was a new type of currency which was operated and generated online, still bitcoin has already boom into action because of the massive number of bitcoin users and potential investors that are continuously growing into numbers as time passes by meaning bitcoin do really have a lot of supporters so I do not see any reason for bitcoin to not for a long time. Talking about the hard dump in the price rate, it do really happen on random times because there are sudden changes and happening within the market that directly affects the price but we do not need to panic and worry because every now and then bitcoin still regain its dump into a booming pump. I think that was an enough reason for bitcoin to last for long time.