Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.
And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.
Do you agree with the speculation without limits?
Cryptocurrency speculators play a positive and negative role. They actually gave the current fame cryptocurrency. They drew attention to it and interested the majority of the masses to engage in cryptocurrency, in particular, trade in it. Yes, it is speculators who are guilty of the fact that Bitcoin soared in price to $ 20,000 at the end of 2017, and we are still in a bear market. However, due to the fact that then Bitcoin soared in price, the whole world started talking about it.
However, on the other hand, it was speculators that led the states to very poorly legalize cryptocurrency, considering it a bubble and a too risky investment. Cryptocurrency has not yet become a full-fledged payment instrument, because due to the lack of consistency in building the infrastructure, the cryptocurrency is still rather poorly developed.