The reliability of cryptocurrencies
Experts predict that cryptocurrency will rise in price from $8400 till $60000 or even $250,000. But what we know about the reliability of coins?
In september hash rate of the Bitcoin Network has updated the historical maximum. We know that hash rate shows the processing power of equipment. The higher its level, the more secure the net is. Analysts expect that hash rate rises. So, the Bitcoin Network will become more reliable and inaccessible for hackers.
This is great news, but in any case, the cost of bitcoin is not big and there is no reason for growth. I think this fact pushes many newcomers away from investing
There is another reason for growth. This is a technical analysis. And he says that soon growth is above 9k, and maybe even higher.