What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
I think that at this time it is hard to figure out the true value of bitcoin, you can see the market is constantly fluctuating and it is hard to guess, bitcoin and altcoin prices are constantly recovering strongly in the days passed.
But you can see that bitcoins are still very few in the world, so bitcoins are not controlled by the government and will lead to bitcoin prices being manipulated by whales and sharks.
Bitcoin value will always depends on the community who are holding it.