+ 12

Bitcoin falls?

Bitcoin falls? Will it be replaced by a new real means of payment?

22nd Jan 2018, 3:53 PM
Vladimir Prokhorenko
Vladimir Prokhorenko - avatar
8 Answers
+ 28
Yep, you're right, bitcoin was created by programmers. But it doesn't mean that programmers know if something is going to happen with it. The price of bitcoin depends on demand. Here are predictions about cryptocurrencies in 2018: https://www.cnbc.com/2018/01/05/five-predictions-for-digital-currencies-in-2018.html https://www.inverse.com/article/39901-bitcoin-in-2018-what-experts-say-about-the-cryptocurrency-s-future
22nd Jan 2018, 5:36 PM
Igor Makarsky
Igor Makarsky - avatar
+ 30
I think that it would be better to ask this question at specialized forums ;)
22nd Jan 2018, 5:01 PM
Igor Makarsky
Igor Makarsky - avatar
+ 7
@Igor Makarsky I thought that bitcoin created programmers ;-)
22nd Jan 2018, 5:14 PM
Vladimir Prokhorenko
Vladimir Prokhorenko - avatar
+ 6
@Igor Makarsky Thank you for this information
22nd Jan 2018, 5:40 PM
Vladimir Prokhorenko
Vladimir Prokhorenko - avatar
+ 5
I think Bitcoin is fail. But cryptocurrencies will be get a new stage. what is the next stage ? the new crytocurrencies will be a link with assets (as example). Then, when you bought a crytocurrency ABC, you are getting percent of assets of Google, Microsoft and Apple.
26th Jan 2018, 7:00 AM
Vinicius Souza
Vinicius Souza - avatar
+ 3
Yes BTC will fall, there are many other Krypto currency's which are way more better than BTC, for example RIPPEL or Etherium and many more. The success of a Krypto currency is the system behind it, if there is a better system, company's will invest in it and there are and there will be better systems.
22nd Jan 2018, 10:01 PM
Juan Rosenthal
Juan Rosenthal - avatar
0
Bitcoin may be facing a downward trend at the moment, but I wouldn't jump to the conclusion that it will be replaced by another means of payment just yet. Yes, Bitcoin has its flaws, but it also has a strong network effect and widespread adoption. It has proven to be a store of value and a hedge against traditional financial systems. While there may be alternative cryptocurrencies with better technology, it's important to remember that trust and acceptance play a significant role in the success of any form of payment. Bitcoin's brand recognition and established infrastructure give it a significant advantage over newcomers. It would take a substantial breakthrough to dethrone Bitcoin as the leading cryptocurrency.
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Matthew Richardson
Matthew Richardson - avatar
0
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26th May 2023, 9:06 PM
Ostin Calison
Ostin Calison - avatar