- The coin that some have described in previous periods as a new safe haven and the new global currency are today in a truly civil war. Between developers and also miners for BTC...
- But just a quick look how BTC has been moving lately; Yes we've seen very strong heights since 2012 to the day but only during this year we saw a rise to 138%--a 500-fold rise since 2012--the highs reached this digital coin to around $3000 per BTC, and then we came back to see some pressure and the prices fell to below $2500 but of course the market value reached BTC for about $39 billion and thus today questions what is the fate of this digital currency
- For some, it is felt that there are many factors that support this digital currency, talking about growing official recognition of this currency, whether it is by States or even by companies. A lot of companies today accept to deal with BTC, we're talking about Japan, too. It embarks on BTC, we saw a very high rise of Asian markets specifically from China in addition to profit-driven speculation and other factors as well, we have seen during the recent times the price was supported and the latest was the so-called ransom virus "wannacry"-more speed in money transfer, lower cost, difficulty tracking conversions- Today, when we look at these new viruses that spread around the world, we watch that they are demanding payment in BTC and that's what a massive spread of some of the people knew in this digital currency and also there are many processes that transfer faster for money which is of course less expensive and this has increased the attractiveness of the BTC, anyway, these were some of the reasons...
- But today we're talking about this BTC, who may replace the future gold that's a question of course dramatically put up and we've seen even some analysts and statistics for example from ""Fundstrat "", see, BTC may reduce the demand for gold, of course. This is one of the things that we have heard so much and slower. The growth shown of course from BTC compared to gold, we know it's only going to be about 21 million in a few years. While the gold continues to be produced continuously, some see that the price of the bigenesis may reach between 20 thousand to 55 thousand dollars per BTC in 2020. Imaginary predictions for some but when we see the movement of this digital coin just two or three years ago, when it was even without levels hundred dollars and see these levels they may not be far away impossible but what if the market value is $500 billion , will we also witness the central banks that contain this digital currency and are currencies that may be considered as havens, it is expected that the central bank will buy that coin in case the market value of the configuration has reached 500 billion, plus the currency of choice, all speculation to the extent of the day...
- But today's most significant danger for BTC , will the BTC be divided? ... The fate of the coin will be determined in a few days, maybe at the beginning of august we will see this thing, but today the talk that on July 21 will launch a new driver which is "" segwit2x "", of course this new program has different views about it--between miners about using the new program--many of whom want to use this program for the reason of the speed of this program and developing dealing in the BTC but only if we see more than 80% of the miners they depend on this program ,,, we will therefore see its adoption If the rate is lower, it means that we will see that the coin will be divided into two parts and therefore traded through two different platforms. This means that they all BTC will have a different price and thus some see that this may lead to the collapse of the BTC because they were not built on this basis. Split BTC Two separate currencies that will actually lead to very fast and violent fluctuations , we started seeing these twists a few days ago but you will continue or what...
In both cases the BTC will rise, but its height without being partitioned will be faster, stronger and better than being , which will make the process slower and weaker and will take time..