Bitcoin's bad reputation
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Bitcoin industry has several problems and damage to reputation. Digital currency often had the image used for illegal purposes such as buying drugs online media. The collapse of the mountain. Gox in 2014 as a bigger bag Bitcoin world, is still fresh in the minds of users. Some of the changes are still waiting for compensation.
Recent issues include changes that do not allow people to withdraw their money fiduciary currency. In addition, Bitcoin's vision is still widely used as a currency for criminals after the massive reinforcement of cyber attack. Hacker WannaCry saw people block files and ask Bitcoin exchange for launch and more.
But Van-Petersen said the industry is still very young and major improvements will come maybe till then. Some of the factors that promote the acceptance of bitcoins, including the best portfolios, the simplest methods to buy digital currency, their use for money transfers in areas such as transfers, as well as countries of citizens with savings and flying currency purchase around the globe.
"Volumes are increasing, volatility declines, many people talk about volatility, but if you are in Zimbabwe or Venezuela and most other countries, this volatility is nothing, it is an interesting thing for me. I believe that many Western people also think it is speculative. The markets are going to meet their needs differently, "added Van Petersen.
While Van Petersen offers a way to improve Bitcoin in the future, others say there are other factors to consider.
"It's a way of trying to cut the cake, the future always predict price is based on several assumptions," said Charlie Hayter, CEO of the CryptoCompare local industry.
"Volumes of equations about the value of the bond is to try a method of judgment, but it ignores the basic ecosystem."
The basics of what Bitcoin is technically capable and how the forms of regulation around use will also determine its value.
We may wait till then..... We hope positivity...