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RE: Overstock: Cryptocurrency’s Reverse Merger?

in #cryptocurrency7 years ago

Bitcoin and cryptocurrencies are possibly the biggest bubble out there right now. The reason why cryptocurrencies have all been rising very high is all due to speculations that someday the mass adoption of these currencies will increase. In a recent poll (reported by CNBC I think) they did state that majority of people around the world don't see cryptocurrencies as alternatives at all since they are happy with the current (fiat) currencies that they are using. Let's just give it a few years and I may be right or wrong. But my predictions are that cryptocurrencies will go back down to $0 and no one will care about them anymore causing the value of these coins to decline rapidly. But Blockchain may have the opportunity to disrupt some industries although Blockchain is only being put in test recently and many firms haven't concluded whether blockchain can be helpful. These are just hypes right now but we will see what the future holds regarding cryptocurrencies and the Blockchain technology.