2018

“Bitcoin’s Soaring Popularity Will Trigger Its Demise” – Seeking Alpha | $10,685.16

By Alexander Reed

Last Updated: Dec 27, 2024

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bitcoin obituary
Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

The extraordinary volatility not only make Bitcoin unsuitable to use as a currency but along with the massive surge in value has attracted considerable attention from regulators. The threat of Bitcoin and other cryptocurrencies being smothered by regulation is growing at a considerable pace. When that occurs, it will effectively remove many of the characteristics that have made Bitcoin an attractive investment for many investors while significantly dulling speculative investment in cryptocurrencies.

Eulogy made by Caiman Valores

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Alexander Reed
Alexander Reed
Editor

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including... Read More

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