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Bitcoin is constantly on the rise. Will it ever crash?
What is driving the the ever increasing value of BTC and ETH
- mtgx 9y agoCrash as in temporary lose some value? Yes, it will, and as soon as this summer. But crash as in "bite the dust and be forgotten", then it's highly unlikely at this point. ETH's growth is for a different reason, which is the fact that companies can now do multi-million dollar fundraisers on it.
- andirk 9y agoIt is not constant as it does rise and fall. A crash means something severely changed in people's confidence in Bitcoin. It will crash when people find something that makes Bitcoin obsolete. Best to stay ahead of the cue ball.
- afeezaziz 9y agoBitcoin as per any other asset class will have its ups and downs. It will crash when its perceived value is none but there is a lot of developments done on the blockchain that will make Bitcoin to be seen as improving.