Quote from: Mikcik on December 15, 2018, 07:40:29 PM

Quote from: fibrolit on December 15, 2018, 05:42:35 PM

Quote from: bob3772 on December 15, 2018, 10:29:25 AM

Quote from: OluwaTosin10 on December 14, 2018, 09:59:33 PM

Theres a reason why Bitcoin was called a bubble..

I strongly believe Cryptocurrency will bounce back... but in a different form with a higher hash function than SHA-256 and probably strictly managed by some elements within the G8.

Bitcoin was a test but the world must still go fully digital in basic finance administration and other areas as well

Tulips were called a bubble as well and they never bounced back. Not all things that experience a bubble will one day recover. Even in the dotcom bubble only a handful survived.

Advancements with hashing functions are probably inevitable if bitcoin is to survive and scale but I don't think it will ever be controlled by the g8 or anyone else, people use bitcoin because of its decentralized nature. Without that it's nothing.

You can buy more than half of all bitcoins or other cryptocurrencies and then they will not be decentralized.Now there is news about 50 % attack on the network, though not yet bitcoin.If the state (government) wants,it will be able to attack many cryptocurrencies in this way.

I have read about Bitcoin, Bitcoin's programming team has come up with solutions to prevent attacks 51%. Then, in the future, it will not affect the Bitcoin blockchain

Yes the hack prevention is a positive growth and development in the right step but it is pitiable that it does not command a corresponding increase in demand

But the future will be better I believe and there will be stabilization