The 3 Reasons Why Bitcoin Will Crash

in #bitcoin • 6 years ago

1 No Real Leadership

The creator of Bitcoin is an anonymous person who goes by the name Satoshi Nakamoto.
Vitalik Buterin, the creator and leader of Ethereum and Ripple’s CEO met with central banks and federal reserve in October 2017 but bitcoin had no representative.
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2 “FUD”

the bitcoin market is massively volatility so price can fall at any time.
the public may fear that bitcoin becomes illegal or get hacked and they will lose faith.
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3 Mining and Transactions

At busy times the transactions with bitcoin can take up to 6 hours
Mining and creating new coins is getting very difficult and the process consumes more and more electricity.
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Thanks for reading
Tell me in the comments if you agree
@youssef0202

#crash #steemit #marketcap #volatility
6 years ago in #bitcoin by
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