Bitcoin will not survive past 2018 but cryptocurrencies like Ripple and ethereum will – Quinlan
Different experts have been voicing their opinions about Bitcoin fate in 2018 and onwards. Bitcoin could sprint to $100,000 in 2018 is the one version by Pro-Bitcoin experts such as Kay Van-Petersen, an analyst at Saxo Bank where as some top industry investors, experts like Warren Buffett have already declared it as nothing but the bubble.
Well, it is not possible to forecast this cryptocurrency fate as previously we have seen Bitcoin bouncing back from the woods when analysts predicted it may be gone for good.
Benjamin Quinlan, chief executive officer and managing partner at Quinlan and Associates believes Bitcoin’s glory march is about to end in 2018 and signs are already beginning to show. According to him, the Bitcoin’s price will burst in 2018 as it is struggling for some time to become mainstream currency.
Despite of the fate Bitcoin may face, other cryptocurrencies will not only survive but gain the popularity equal to Bitcoin as experienced in the last year.
This Bitcoin fate debate, future forecasting by different experts is interesting. We would love to hear your thoughts, what do you think about Bitcoin’s future?
Depends what you mean by 'not survive'. Will bitcoin be worth as much in 12 months time as it is now? Hard to say. Will it still be around? Almost certainly. The critical thing will be how much the other cryptocurrencies can decouple from bitcoin.
Yup you're write to some extent