Josemendez
Verified member
It is no longer news that the popularity of Bitcoin is second to none , however there is currently doubts over the future of bitcoin following Elon Musk tweets against Bitcoin
In his tweets , Elon Musk made it clear that Bitcoin mining is not good for the environment ,and thus has stop the use of bitcoin for as a payment method.
There are presently concerns that this revelation may prompts government of various countries to ban Bitcoin mining . Also , the price of bitcoin has reduced tremendously after the tweet.
In my opinion , one needs to be careful with his Bitcoin investment. Don't give in to panic sell , don't wait too long in cutting your lose if need arises.
If this means the end of bitcoin , then there will be greater chance for survival of altcoins especially the new brand of altcoins that are in Quadrillion. What do you think about bitcoin future ?
In his tweets , Elon Musk made it clear that Bitcoin mining is not good for the environment ,and thus has stop the use of bitcoin for as a payment method.
There are presently concerns that this revelation may prompts government of various countries to ban Bitcoin mining . Also , the price of bitcoin has reduced tremendously after the tweet.
In my opinion , one needs to be careful with his Bitcoin investment. Don't give in to panic sell , don't wait too long in cutting your lose if need arises.
If this means the end of bitcoin , then there will be greater chance for survival of altcoins especially the new brand of altcoins that are in Quadrillion. What do you think about bitcoin future ?