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???
We'll actually don't know yet until it comes. Everything is surprising you know...
We have some analysis before that Bitcoin will just die but despite all those negative things, we even survive from it and we are already more than a decade of its existence. This means that it remains unpredictable, it might burst or not, but for now, it wasn't on my mind, I'm still optimistic for the future of Bitcoin. And this continuous adoption that we see brings such huge change.