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Author Topic: Bitcoin is facing a tough time at the moment because...  (Read 707 times)
Charles Avilaa
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July 15, 2018, 02:21:38 PM
 #101

Bitcoin is still the largest cryptocurrency currency in the cryptocurrency market, with the longest life expectancy and undisputed reputation. Bitcoin, however, is slowly losing steam in the race for new generation currency algorithms.
Moreover, bitcoin hacking is increasing.
At the same time, the control of the governments of countries in the world increasingly tight.
These are the reasons why bitcoin is going through a difficult period.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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budiarmed
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July 15, 2018, 03:34:06 PM
 #102

In this year bitcoin is going through a very difficult situation, a risky market makes people lose confidence and make sellers panic. Currently the market is falling, but I believe the confidence in crypto will increase again and the price of crypto will increase gradually.

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