Post
Topic
Board Speculation
Re: What happen to bitcoin in this coming year end of 2018?
by
BIPBot
on 13/11/2018, 06:50:54 UTC
The price of bitcoins is stabilizing. This means that the governments of the world might see bitcoin more closer to a legit global currency.

Why?

Because the government initially did not prefer bitcoins as they were highly volatile and if there are any crimes that take place like money laundering it would be very difficult for the government to trace them. Although both the problems are not solved one of them does seem to be. If the price stabilizes it is likely to attract more people to use them. So I guess that the verdict in December by the SEC will legitimize bitcoin at least in the US in case they rule in favor of cryptocurrencies.