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Do you believe that bitcoin is dead?
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[QUOTE="arunima25, post: 254834, member: 30475"] It's too early to predict it to be dead. But definitely the cryptocurrency scenario has seen a lot of lows in the current times. And looking at the scenario right now, things don't look promising in near future too. A lot of speculations and theories are being proposed but nothing concrete can be seen.. I read somewhere that seeing the nose dive dip in recent years, many people have lost their confidence in the cryptocurrency market. That's one reason that it might not see a bullish comeback in near future. Well, the current economic conditions around the globe don't look good and so the cryptocurrency market too doesn't look good. There is no concrete laws and rules around it too. And the legal future of the cryptos including Bitcoins are hanging on fine thread in most of the countries. All these right now don't give a clear picture about the future. This market ran on sentiments like any market and showed a bullish trend to start with. But then with all happenings in the recent times, it's showing a deep nose dive. People are not so confident about it and these sentiments are not further helping it. It's not dead yet. And there is a hope that it might bounce back later. But right now all looks dim. [/QUOTE]
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