Post
Topic
Board Bitcoin Discussion
Re: Poll: In your opinion is this the end for Bitcoin/Cryptocurrency?
by
adzino
on 20/08/2022, 02:14:04 UTC
So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.
-snip-
Cryptocurrencies have been hit with "many huge scams" since the beginning. I guess you forgot about all those ICO scams. At least more scrutiny and regulations means more business will be able to accept crypto currencies more easily with clear laws (though bad for decentralization, but as long as you don't interact with fiat or third party financial institutions, you should be fine).

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.
-snip-
The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?
It is not the lowest level. Bear market isn't a new thing. Just google how many times people said it is the end of bitcoin and you will know if it is or not.