Scientists have predicted the fall of Bitcoin more than a third to the end of the year
Source:
Technical analyst Dubai Market Securities Ltd. Paul dey that Bitcoin can "feel the bottom" and to fall to 2.8 thousand dollars before the end of 2018. Agree with him the staff of the Swiss research center ETH Zurich. They that the first cryptopleura the end of the year will fall by more than a third.
theWhen will crash Bitcoin
Scientists refer to Metcalfe's law, according to which the network's utility is proportional to the square of the number of its users. The slowdown in the number of active users coins which can be already observed, will lead to a drop in value of Bitcoin causes their words to CNBC.
By the end of the year capitalization of Bitcoin will amount to 77 billion dollars, the researchers said. Now the figure is about $ 125 billion.
the study says that the first crypto currency has all the hallmarks of a financial bubble. For example, the hacking of the exchange Mt. Gox or the strengthening of control over the stock market in South Korea was accompanied by a collapse or significant correction of course coins. Investors employees of ETH Zurich are advised to monitor the state of the cryptocurrency market and invest the money very carefully.
evaluation of Bitcoin as a financial bubble coosawatee of the Bitcoin Foundation Jon Matonis. According to him, the bubble — securities markets and bonds, which "artificially inflated the Central banks of different countries." The first cryptocurrency in the needle that pierce him, said the entrepreneur.
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