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?
I do not think so. Despite its price being significantly reduced compared past year, this is nothing but a natural consequence because of its innate nature and origin. Remember, check the price history index of BTC and you would see that its volatility is responsible on why its price is relatively low on the market.
Remember also that there are countries who are starting to adapt BTC as a form of legal tender. Not to mention, more and more countries also have started to integrate it into their finances and education system. The governments now see its potential use and long-term advantage to the economy.
Just to reiterate, regardless of its price being low, that does not equate that this would be the end of Bitcoin let alone all the cryptocurrencies present in the market.