Anonymoo
Excellent Contributor
wrote a post · Dec 11, 2019 23:45
The decline of cryptocurrencies
The decline of cryptocurrencies
It seems like the cryptocurrencies are starting to decline. Bitcoin, along with other currencies such as ETH, EOS, LTC, and XRP, may soon be approaching their 52-week low values. It seems that this trend will continue and Bitcoin will end up around $6400 to $6600. This may cause other new currencies to depreciate in the market and close down. This value may persist for about a week to fully close down the new cryptocurrencies. Those cryptocurrencies that survive this will be the future leaders of the cryptos. The time around this declining period will be a very good investment for our moomoo users. Good Luck
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Anonymoo
OP
:
Understandable opinion because of too much uncertainty. However, there are limited number of BITCOINS in the world, which makes it more trustworthy currency than any other printable paper currencies of the world. Another thing is, some Bitcoin wallets are planning to expand their research to a credit card or Bitcoin debit card. This will immensely make the Bitcoins more valuable than any other currencies in the world. Since, it has a transaction in public barrier which is holding it down.
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JOSUESHARES : Never Trusted Cryptos
Anonymoo OP : Understandable opinion because of too much uncertainty. However, there are limited number of BITCOINS in the world, which makes it more trustworthy currency than any other printable paper currencies of the world. Another thing is, some Bitcoin wallets are planning to expand their research to a credit card or Bitcoin debit card. This will immensely make the Bitcoins more valuable than any other currencies in the world. Since, it has a transaction in public barrier which is holding it down.