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I cannot say what will happen in other countries, but I think crypto currencies will be mad legal in my country because there is no way government can avoid this global phenomena.
I think that in the future cryptocurrency will continue to grow exponentially because many countries are actually starting to see the value in this financial system and how it can benefit the country in the long run and this has resulted in much of them adopting cryptocurrency.What will be the future of cryptocurrencies? Will Bitcoin lose its value completely? What are the most important factors to understand the future of cryptocurrencies?
I don't see bitcoin loosing it's value in future because bitcoin is coming to a stage that 1 bitcoin will worth 1 million dollar. And if not every year but every two years the price of bitcoin will continue to rise.What will be the future of cryptocurrencies? Will Bitcoin lose its value completely? What are the most important factors to understand the future of cryptocurrencies?
Experts have predicted that Bitcoin would have exhausted all it's circulating supply of coins by 2023 then let's see if Bitcoin would loose all it's value or continue to increase.What do you think can make bitcoin lose value ? Cryptocurrency has come to stay and it has been given a strong ground by the world. I doubt if it will go away anytime soon.
I don't see bitcoin looses its value in future. I see bitcoin and other coin as the future. Because many people including the top business men and some countries are now adapting crypto currencyWhat will be the future of cryptocurrencies? Will Bitcoin lose its value completely? What are the most important factors to understand the future of cryptocurrencies?
Actually if this happens , the price of bitcoin will soar to an extent that people will not want to drop their bitcoin holdl and as such there will be tremendous rose in price.Experts have predicted that Bitcoin would have exhausted all it's circulating supply of coins by 2023 then let's see if Bitcoin would loose all it's value or continue to increase.
That is a theory that I would like to believe in because I am holding Bitcoin myself lol, but on the other hand when there is no more supply to outsiders the price may reduce in valueActually if this happens , the price of bitcoin will soar to an extent that people will not want to drop their bitcoin holdl and as such there will be tremendous rose in price.
It won't reduce because it is scarce. When a commodity or an asset is scarce , the price of the asset is affected positively. It should rise instead of fallingThat is a theory that I would like to believe in because I am holding Bitcoin myself lol, but on the other hand when there is no more supply to outsiders the price may reduce in value
Yeah.... the highest market cap in crypto just hit 2 trillion usd... and some big investors are yet to trip in.... Very soon it will be bigger than the continent GDp.I read somewhere that the crypto currency market has a worth of 2 trillion USD. If that's true, it is a huge market. I believe the market will continue to grow because there is no other assets that is appreciating just like crypto currencies.