Bitcoin falls?

Question

Bitcoin falls? Will it be replaced by a new real means of payment?

Answer 1

Yep, you're right, bitcoin was created by programmers. But it doesn't mean that programmers know if something is going to happen with it. The price of bitcoin depends on demand.
Here are predictions about cryptocurrencies in 2018:
https://www.cnbc.com/2018/01/05/five-predictions-for-digital-currencies-in-2018.html
https://www.inverse.com/article/39901-bitcoin-in-2018-what-experts-say-about-the-cryptocurrency-s-future

Answer 2

I think that it would be better to ask this question at specialized forums ;)

Answer 3

@Igor Makarsky I thought that bitcoin created programmers ;-)

Answer 4

@Igor Makarsky Thank you for this information

Answer 5

I think Bitcoin is fail. But cryptocurrencies will be get a new stage.
what is the next stage ? the new crytocurrencies will be a link with assets (as example). Then, when you bought a crytocurrency ABC, you are getting percent of assets of Google, Microsoft and Apple.

Answer 6

Yes BTC will fall, there are many other Krypto currency's which are way more better than BTC, for example RIPPEL or Etherium and many more. The success of a Krypto currency is the system behind it, if there is a better system, company's will invest in it and there are and there will be better systems.

Answer 7

Bitcoin may be facing a downward trend at the moment, but I wouldn't jump to the conclusion that it will be replaced by another means of payment just yet. Yes, Bitcoin has its flaws, but it also has a strong network effect and widespread adoption. It has proven to be a store of value and a hedge against traditional financial systems. While there may be alternative cryptocurrencies with better technology, it's important to remember that trust and acceptance play a significant role in the success of any form of payment. Bitcoin's brand recognition and established infrastructure give it a significant advantage over newcomers. It would take a substantial breakthrough to dethrone Bitcoin as the leading cryptocurrency.

Answer 8

From my personal experience, I've found provably fair CP Media to be a promising platform that offers a unique approach to content creation and distribution. The platform utilizes blockchain technology to ensure transparency, authenticity, and fair compensation for creators. Unlike traditional media outlets, CP Media allows users to verify the integrity of content through a decentralized consensus mechanism. This ensures that the content is not manipulated or censored, providing a more trustworthy and democratic media ecosystem. Moreover, the platform's native cryptocurrency incentivizes active participation and rewards quality contributions. I highly recommend exploring <a href="https://coinspaidmedia.com/business/provably-fair-what-it/">provably fair</a> CP Media if you're interested in supporting a decentralized and community-driven media platform that challenges the status quo. Give it a try and see how it can revolutionize the way we consume and interact with digital content.