Post
Topic
Board Economics
Re: What will happen to bitcoin?
by
junglist.massive
on 10/11/2018, 14:48:03 UTC
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
By simply looking at the status of bitcoin right now, we can already assume that bitcoin's successful future is slowly fading as time passes by and as the value gets low continuously. Though that is what's happening right now, we can still make a difference by simply supporting it through continuous investment and who knows, maybe it will surprise us one day all of a sudden.
of course the development of bitcoin will continue to be done. well, until this year, bitcoin is of course still being used. it's just that, the use of bitcoin is still being used for things like investments, transactions, or other things. I think that the price of bitcoin is a benchmark for its development, so the higher the price, the better the development for the future.
Yes there will be many new technology development to develop bitcoin to be faster and safer than before. About the price, it’s a natural thing because it won’t increase forever. And many altcoins that help pushing bitcoin to have higher prices, altcoins that developing with advanced technology will surely help to change bitcoin to become more sophisticated in the future.