Post
Topic
Board Altcoin Discussion
Re: If Bitcoin buble bursts eventually, how will Altcoins fare?
by
dificanovi
on 04/01/2018, 13:21:13 UTC
As we arrive 2018 analysts say this is likely the year the bitcoin bubble will burst, reason being that if it continues to push up the ceilling above the 20k dollar mark governments might impose strict controls or even outright ban in order to protect government issued fiat currencies. My question to us all is: How would an eventual ban on bitcoin effect Altcoins and the global crypto market? Please be constructive in your views.BTC

if there is a prohibition on accessing bitcoin on the internet then people who invest in bitcoin and altcoin will lose a lot, chances are there will be rebel society to the government in the country. but if the government only prohibits using bitcoin or altcoin as a means of payment then it does not matter because it can be bitcoin and altcoin can be converted into paper currency.