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Biggest threats to the price of Bitcoin.
by
Bergkampsballs
on
07/11/2020, 09:48:38 UTC
⭐ Merited by
suchmoon
(4)
Hi,
As everybody keeps pointing out that Bitcoin is a risky investment, I'm trying to get a better understanding of the greatest risks to my coin.
I must admit that sun flares and quantum computers were not what I was expecting to find when I googled this but alas...
https://medium.com/coinmonks/the-5-biggest-threats-for-bitcoin-that-have-the-potential-to-destroy-it-9b3845ebcd1d
https://decrypt.co/29625/the-biggest-threats-to-bitcoin-in-2020
To be fair, I think these sources are talking about things that would all but wipe out Bitcoin rather than just reducing the price.
I was wondering what you guys think is the most likely instances that would cause the price of bitcoin would sink back below say the $5,000 mark?