Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
Subprimes generally aren’t the safest investment you can make on the long term, and economists like Nouriel Roubini are claiming such truth since years. In 2006, he predicted the 2008 subprime crisis. Now he is claiming, the Bitcoin is an economic bubble,which is going to Pop and fail. “It’s difficult not to see the downfall of this cryptocurrency, who has lost up to 70% of its value from December of 2017 to February of 2018”.
Even if the Bitcoin reach back the 10 000$ level, still many people and cryptocurrency expert are predicting a new dip and many crypto-sceptic claim his near death.
Most people know about the rise of value of Bitcoin that occurred from January to December during the year 2017. It was indeed spectacular, as it went from around $1000 to $19600. However, the history of the Bitcoin’s value graph between its creation and 2016 is less known. If you envision its price graphic from a yearly perspective, it peaked suddenly starting from 2017, but if you watch it closer, you’d see it has gone down several times, and even has lost as much as 87% of its value from November of 2013 and January of 2015.
Even during 2017, it nosedived more than once before reaching almost 20 000$. All that considered, the actual downfall may be seen as one among many others before the uptrend will start again. Of course, it all depends on the deep causes of the loss of value the cryptocurrency is actually facing. Not everyone agrees about the cryptocurrencies downtrend; some say it’s temporary, while others say it would lead to the end of these assets. But most of those making negative claims about cryptocurrencies are those who fear it.
However, the past and the Bitcoin history state his destiny. A path full of volatility and crash which always rise again and stronger.
Too many events are playing against the Bitcoin recently. We can for example mention China, who seems to take decision upon decision against cryptocurrencies and their users located within Chinese borders. We can also mention the controversy surrounding the Tether cryptocurrency, which is one of the most used currencies to acquire digital assets on exchanges. Bloomberg revealed about it subpoena during the end of 2017, due to suspicious relationships with Bitfinex.
Tether Unlimited, the company linked to the cryptocurrency, has been asked to prove if they have enough dollars to back the circulating Tether units. If the Tether drowns, it will take many people with it, and that’s another reason for people to be afraid of crypto-investments at the moment. Although, the fate of most currencies seemed to depend on the Bitcoin, as they nearly-instantly drowned right after the Bitcoin started losing value.
We would have to wait for all the doubts to be resolved before knowing the real whereabouts of bitcoin and other cryptocurrencies. The upcoming G20 summit might be decisive when it comes to the fate of the digital assets; important personalities from around the world will discuss about the expectations we can have towards them.
Most of the expert still wary the bad news which could bring a new dip. However with a new stabilisation around 10 000$ the Bitcoin seem unlikely to have a new dip more than 50% of his current value. And the future looks brighter than ever.
Like Julian Hosp predict, we are on the road to 50 000$
Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
TRENDING
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
BTC Fear & Greed Returns to the Greed Zone Ahead of Powell
19 minutes ago | FXEmpire
First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
24 minutes ago | Coindesk
TRON´s [TRX] sideways structure persists amidst upcoming FOMC meeting
34 minutes ago | AMBCrypto
Tesla Details $140 Million Bitcoin Loss in SEC Filing
39 minutes ago | Decrypt
JustBit Casino Review
JustBit Casino, which specializes in virtual currencies, is easy to use because withdrawals are expl...
Huobi Token General Overview
Is Ripple The Cryptocurrency of 2021? - In Depth Review of Ripple XRP
Ethereum Classic Review
Monero General Overview
XBO
XBO.com cryptocurrency exchange redefines how you interact with crypto. Designed to make the benefit...
Bithumb
Understanding Bithumb This article highlights what is Bithumb and where it is located. It also di...
Bitstamp
Bitstamp's continued success in the crypto market This article highlights what Bitstamp is. I...
Bitfinex
Bitfinex general overview delves deep into its operations since its inception in 2012 up to date. It...
FTXUS
Introduction to the FTXUS Trading Platform FTXUS is a type of cryptocurrency derivatives exchange...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
Bitcoin’s actual downfall
Subprimes generally aren’t the safest investment you can make on the long term, and economists...
Decentralized Finance General Overview
Decentralized finance is a new-age financial system based on blockchain technology. It relies on...
The Blockchain still used in the banking world
...
Microsoft Adopting Ethereum For Gaming Royalties; Benefits to The Gaming Industry
According to recent statistics, the PC gaming industry brings in an estimated revenue of $37...
The Reason Why Banks don't trust Cryptos
Cryptocurrencies have been rising throughout the years. Since the introduction of Bitcoin around...
Are we going towards a definitive ban on cryptocurrency trading in India?
Following the decision of the Reserve Bank of India (RBI) to ban cryptographic banking services,...
Is Algorand a good investment?
Algorand is one of the newly listed altcoins that shows a lot of potential in the crypto market....
What are the top 10 Altcoins?
Contrary to popular belief, bitcoin is not the only cryptocurrency. New cryptos have been...
VeChain and Mastercard Back Australia-China Supply Chain
VeChain and Mastercard show support for the Asia Pacific Provenance project. The council has...
Beechat: Instant Messaging For Cryptocurrency
For those who think that cryptocurrency has reached its peak, it might be time to think again....
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
COMMENTS (0)