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Author Topic: Bitcoin's threat  (Read 163 times)
RudeeTam
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February 13, 2018, 03:44:01 PM
 #41

I think it is quite good that there are other cryptocurrencies being developed as it opens innovation for the blockchain technology. ALso, even though there are others, investors will not forget about bitcoin as it is still king in the current market.

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February 13, 2018, 04:19:39 PM
 #42

I really think that the creation of new E currency is a threat to bitcoin.
Like for example. Some investors may move their investments to other currency made.
If bitcoin for example has 100 investors in all, then several currency is made with the same value as bitcoin. (we say 3 currency)
then the 100 investors may move to other 3 currency to find more specific or easier way to earn money or inflate their investments.
Do you think these probability will occur?

I think that's not a threat, Bitcoin is the strongest and most popular coin that continues to grow. It may be that you think it can happen, investors split the money, but surely there will be new investors who invest money in bitcoin. Bitcoin is the strongest coin and will be an investment choice.

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