Kakashi2020 Posted November 5, 2018 Share Posted November 5, 2018 Is there a looming problem in the future of Bitcoin and other Cryptocurrencies? I've read a paper that says Crypto Spamming or flooding the market with different Cryptocurrencies would ultimately lead to their devaluation. If that's the case then it can be a big danger in the near future. Quote Link to comment Share on other sites More sharing options...
anyone01 Posted November 5, 2018 Share Posted November 5, 2018 Devaluation isn't always necessarily a problem. right now, the central Banks of the biggest economies are engaged in a livid task to outdo every other in weakening their currencies. They achieve this to be able to growth the export competitiveness in their respective nations. The Eurozone has been engaged on this exercise for many years and Japan even longer. Quote Link to comment Share on other sites More sharing options...
Martinsx Posted November 5, 2018 Share Posted November 5, 2018 There is a possibility that this might happen with the numerous cryptocurrencies being launched and pushed into the exchange market. It's just the Bitcoin is very strong and stable which is why it's managed to be in business since 2009 till today. Quote Link to comment Share on other sites More sharing options...
menchuuy58 Posted November 6, 2018 Share Posted November 6, 2018 23 hours ago, Kakashi2020 said: Is there a looming problem in the future of Bitcoin and other Cryptocurrencies? I've read a paper that says Crypto Spamming or flooding the market with different Cryptocurrencies would ultimately lead to their devaluation. If that's the case then it can be a big danger in the near future. I think so. There is a looming problem in the future. Many people will not trust it anymore if the price is going down and down all the time. Quote Link to comment Share on other sites More sharing options...
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