Every good thing has side effects, I believed bitcoin ha play roles of changing lives and improving digital structural economy. But bitcoin also has negative damnation on lives by impoverishing people of their spare resource and income. Today I want point out some negative impact of bitcoin on societies such as:
5. Price vitalities - bitcoin price is unpredictable and nobody as monopoly of the market.
While you see this as a disadvantage, others see it as an advantage and are using it to make lots of money from trading or short term investment. Bitcoin isn't unpredictable as you can predict what will happened to the price of Bitcoin either by looking at the charts or its history. The prediction must not be accurate but it could be closed like predicting a range the price would be trading at.
We know that Bitcoin price usually pumps after the halving and you can use such information when investing or trading Bitcoin. The price of Bitcoin also crashes two years after having and you can use that information for your protection to avoid buying at the peak of the market.