Quote from: Cryptoreflector_666 on Today at 12:46:07 PM

Quote from: chretienm on November 24, 2020, 10:40:27 AM

Everybody looks so happy and optimistic about Bitcoin bull rally, everything is going fine for the crypto king and many expect it to last forever including myself. Do you really think so? I'm not talking about some corrective retracement, which is healthy for the market too.
What do you think can be the biggest threat for Bitcoin in current situation? In my opinion it can be only some sudden governments shift in regulations and laws to ban Bitcoin (which I don't really think may happen), otherwise there are basically no obstacles or threats.

The biggest problem for bitcoin may be that the government will simply ban its use once and for all and all crypto exchanges will be outlawed. Of course, some advanced States that understand the value of bitcoin will leave it as a secondary tool, but in most cases, a complete ban will first lead to a decrease in the cost, and then to a complete zeroing of the price of bitcoin.

As it is now I don't think any government ban or restrictions will have any impact or threat to Bitcoin again, so many past threats, clampdowns and restrictions has no impact at all, in the past it usually from Asian countries despite that Bitcoin has continue to wax stronger and grows leap and bound, these two features decentralized r and anonymous transactions had even make Bitcoin unique and standalone among the digital currencies.