My wife was in a Chase bank today and overheard a chase bank rep stating to a customer, that the bitcoin is NOT going to last much longer.
Especially because the bitcoin continuing to grow in value. I guess that as a result of the increase and nothing backing and/or supporting it.
That as a result it can no longer continue to exist, if I am understanding this analysis...If somehow there could be a discontinuance of the bitcoin,
how does this effect the other forms of cryptocurrencies???
I don't think so, on the contrary when many want Bitcoin the price will continue to soar because Bitcoin has a limited amount.
currently the popularity of bitcoin is very high because the price is very high and also several world figures introduced it to the public so that a lot of news reported it, so as far as I know today many people who support bitcoin even one country El Salvador has used Bitcoin.