WHAT NEXT FOR BITCOIN? The future of the most expensive crypto currency is uncertain, but these are three possible scenarios - Life Facts No.11

in crypto •  7 years ago 

Crypto currency caused the right financial madness in recent years. During this period, several people acquired great wealth, while others have lost millions of dollars because of the unforeseen drop in prices. However, the fate of bitcoin and other digital currency remains uncertain.

The most popular digital currency bitcoin reached at one point dizzying value of $ 20,000 to a few months later tumbled to the "only" ;, 10,000. Despite the drastic fall, people still earn bitcoin by which these days stabilized at about $ 11,000.

Still, many wonder whether the expected collapse in the future of digital money. According to the UK " The Guardian" ;, chance if there is a collective greed encourage financial bubble (like the one from 2007-2008) that will eventually burst.

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How often people hear stories that others create money with the help of kriptovaluta, and themselves begin to buy them, which increases their price and creates new stories about wealth, but also new investments. The cycle continues until the price of the underlying asset does not become unrealistic. At the end of his balloon, and many people lose everything, writes British newspaper.

What's next for the popular world of digital money is still not known, but experts predict three possible roads that before crypto currency.
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Boom

Kriptovalute could achieve the goal of their creators, and become more widely used in everyday life. In this case, few people will be very rich, but not more than the first investors in other core technologies such as computing or the Internet.

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bitcoin era and could be completed serious disaster that would totally destroy the faith of people in this sector, away investors. It could also lead many " miners " ;, who have invested thousands or millions on equipment with only one purpose, to bankruptcy.

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