Post
Topic
Board Speculation
Re: Bitcoin's future prospects
by
pinggoki
on 07/10/2019, 11:48:19 UTC
Bitcoin's future prospects could be better than the current one, but will the price continue down when it rises?

What is the probability of a bitcoin collapse? It is extremely likely that someone will attempt to take advantage of people's ignorance of the true nature of bitcoin.

If bitcoin's price continues to rise, people will soon be unable to ignore it; it will be perceived as the 'gold standard' for currency.

What are your thoughts?
Actually there's a low probability of a bitcoin to collpse or I'd say it won't happen due to the fact that bitcoin is already known of having a great potential and this will be attract more users that will make inflate the demand. As long as there's a demand  bitcoin won't fall down.
Regarding on future of bitcoin we will never predict how much price of bitcoin will have in the future but we can guarantee that it will have a bright future.