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Author Topic: Factors affecting bitcoin business  (Read 680 times)
swiftbits
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September 01, 2021, 06:09:30 PM
 #81

Yes, for a stable business, cryptocurrency is not yet the most reliable option, as for me.
You have a point; I also see the vulnerability of it cause not everyone is willing to adopt it. I think it's normal for every business to be affected by the government; one of the major problems is how you can keep the business operations smooth and clean; it is operating online, which makes it easily exposed to cyber threats. Entrepreneurs could implement many bitcoin business ideas, but being the prime would be a challenge.

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syedakhlaque
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December 06, 2021, 06:47:10 PM
 #82

There are some factors affecting the bitcoin business. These are:
*Good news about legal acceptance in some countries. Similarly the bad news about its ban in some countries.
*Too much purchasing or selling of bitcoin also affects its value.
*Too much mining of bitcoin also affects its value and business.
*Some pandemic spread also devalues it as it happened in the past due to coronavirus.
*Political conditions of the world like war, stock markets crash also affect on its value.




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