Betting on the future of Bitcoin is like gambling, said pure-play analytics solutions provider Quantzig in its latest article on the cryptocurrency.
With more than 1,500 digital currencies available in the market, Bitcoin is just one of the many projects that could hinder the development of blockchain’s future as it gets more challenging to predict which cryptocurrency will dominate the market moving forward, the article reads.
“The big question for investors here is whether the Bitcoin bubble has burst, or will the future of Bitcoin witness it is getting back on its feet with time?” the article said. It added, “Though the beginning of 2018 saw a skyrocketing trend in Bitcoin prices, it looks like t...
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