Post
Topic
Board Bitcoin Discussion
Re: Poll: In your opinion is this the end for Bitcoin/Cryptocurrency?
by
wxa7115
on 20/08/2022, 04:34:06 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.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

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?
The points that you are bringing are nothing really new since there are scammers everywhere, not only in this market, so as long as you're careful you are not going to have much problems with scammers, the scrutiny of the governments has always been there, even in the early days Satoshi knew this was coming which was why he remained anonymous, and the environmental concerns are nothing but a smokescreen.

And about the low price that we are seeing for bitcoin, the low price is relative, while it is true the current price is lower than the all time high, it is many times higher than the price we have seen for bitcoin during most of its history, so I do not really see what is the problem, so as you may guess I do not think that bitcoin is nowhere near its end.