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RE: The Mother of all Game Changers: Central Banks will start buying if Cryptocurrency tops $500 Billion

in #cryptocurrency8 years ago (edited)

Well, that's a new one. May be the banks have been realising the real value of cryptocurrency but still there's nothing which can affect bitcoin pricing in the short term. Crypto currency are highly volatile as it is decentralized. It means it is controlled by common man and people will always use it for their own benefit. Nowadays the market is in kinda recession because people are panicking over segwit hype. So, there will always be hype about bitcoin and there will always be falling and rising of market. Banks will not be able to do anything. May be in future government would centralize it, then what would people do?
Thanks for the article though @jrcornel