Post
Topic
Board Economics
Re: Important conditions for the progress of bitcoin
by
arpon11
on 05/04/2019, 18:45:09 UTC
2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

Bitcoin and cryptocurrencies market has grow all this while without the regulations and governments involvement in it.  I think it will be better for bitcoin and cryptocurrencies to develop on it own because regulations will definitely going to pull it down.  Governments and financial regulatory authority could have destroyed it since if not because it is decentralized and most of it transactions are anonymous!  I think bitcoin is going to grow once people and society began to understand how important it is to us and that cryptocurrencies is far better than the old financial system we have!