Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: What will destroy the bitcoin?
by
bitcoinminer45678
on 09/04/2018, 14:22:31 UTC
⭐ Merited by Etherlevis128 (2)
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
Investors can destroy Bitcoin and the current Crypto market. Investors are the ones who decide the survival of all, it will continue to exist as long as the investor, and it will disappear when investors abandon it to choose a new more potential.
I only see that investors will kill the growth of bitcoins since they are the reason why bitcoins is also popular right now. The value of bitcoins last december 2017 has reached 19k dollar and because of that, there are a lot of new investors who are keep on investing today in order to earn more profit when there will be a huge pump in the market again.