Cryptocurrency: lives or dies? Part 1

[TRIDENTG]

I think in the form in which crypto exists now she can't live long, most likely it will change,transformed, but still remains

Good day!
There will be competition between currencies, and it is difficult to say which solutions will win - some of the existing ones or radically new ones. In 2017, many considered Bitcoin an obsolete currency, and now it is again occupying more than half of the cryptographic market. In essence, competition does not occur between current technologies, but between development teams that are willing to improve them.

[rodel caling]

Cryptocurrency will not die, even though prices are falling, as many investors remain optimistic that crypto will become the digital currency in the future, which will replace fiat money.

Yeah it's that truly correct mate crypto currency continue to improve itself become worthy currency not goes into worthless or die, Therefore until people solid to support this new form of money. I still believe all trials of crypto currency will overcome at the right time how it completely people world wode  understand well the possible benefits came from crypto currency.
But for now I'm not convincing fiat money replace in quick time of digital currency but in the help of the expert and the support of the governments officials worldwide posible fiat will replace virtual currency.

[TRIDENTG]

bubbles are mostly misunderstood in my experience.  people either go over board and say bitcoin is a bubble no matter what its price is and some others go over board the other way and say there is no bubble whatsoever.
bubbles exist and are part of bitcoin, the 2013 ATH, the 2017 ATH, the previous ones at $20, and $10 were also bubbles. on the way up we will continue seeing the same action be repeated too. it doesn't have to be a bad thing and it is not all there is.
they also exist in all the markets. you just have to try and analyze how much of the price is a bubble. for example for bitcoin at last ATH i would say 50% of it was a bubble and needed to burst, for most altcoins i say 95% of it is a bubble which has not yet busted.

Actually there are still many people who misinterpret the bitcoin bubble, as you know that the bubble when it erupts will disappear but it doesn't happen to bitcoin, even bitcoin still exists and can even make bigger bubbles.

Bitcoin increases and decreases are certainly influenced by supply and demand, when supply is high and demand is low, the price of bitcoin will decline and vice versa, so don't misinterpret bubbles.

You are absolutely right. People read and appreciate such literate and knowledgeable people. Tell me, please, what do you think about mining? It is interesting to know your opinion