what do you think about the recent declining bitcoin price.
and how your prediction of bitcoin in 2018, whether more expensive or more turu.
What is your opinion?
what do you think about the recent declining bitcoin price.
and how your prediction of bitcoin in 2018, whether more expensive or more turu.
What is your opinion?
Hard to tell. I am a computer scientist, that means I just can do prediction from a tech point of view.
And that does not look pretty good.
Bitcoin is compared to other currencies like eth, eos, tezos, cardano very very weak.
But the biggest problem is, that bitcoin does not have solved the scalability problem.
Check the unconfirmed trx on the btc blockchain. Thats very very veeeery concerning
https://blockchain.info/de/unconfirmed-transactions
BUT
Bitcoin is hyped like hell. If someone talks about crypto its mostly about bitcoin. And everyone knows about bitcoin but nearly nobody knows about any altcoins.
TLDR;
Some altcoins are from a tech point of view a lot better then btc, but btc is hyped.
All in all I would say that bitcoin keeps growing until the critical mass is reached where the networks cant handle more trx. Then it crashes.