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RE: An Australian Guide to Buying and Selling Cryptocurrency - Level: Beginner

in #cryptocurrency • 7 years ago

useful information. @holoz0r
but i want to ask. how do you think about the development of bitcoin in 2018 in the future. whether the price will increase or the price will decrease?

7 years ago in #cryptocurrency by
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     7 years ago 

    I personally think that BitCoin is destined to no longer be the entrance / gateway for cryptocurrency. It is slow, has fees that are too high, and is a pain in the ass for people to understand as a transfer medium.

    Its market dominance will slip even lower as more fiat currency enters the market, and as a result, it will become just another alt coin. Its scarcity and institutional interest will make its price go up, but I think it will lose the number one spot.

    Probably not in 2018, but definitely in 2019.

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     7 years ago 

    Thanks for the response I just wanted to let some people know

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