Property Advertisement - AMO Residence for sale!

Property Advertisement - AMO Residence for sale!
Click on the banner for more details.

Search This Blog

Wednesday, January 17, 2018

Cryptocurrencies have crashed but have not reached bottom yet. Why?

https://sg.finance.yahoo.com/news/bitcoin-ethereum-price-forecast-crash-040830037.html

G20 summit will convene in March 2018 and the USA wants to work with G20 members to remove the anonymity in the cryptocurrency so that criminals cannot avoid detections.

http://sg-stock.blogspot.sg/2018/01/bitcoin-is-inching-closer-to-its-death.html

As bitcoin is impractical to use for a merchant transaction since it takes about 10mins to process and costs around USD$30 per transaction, the only intrinsic value lies in the anonymity of the holder.

Without this anonymity, bitcoin will crash further!

Let's see what the G20 will do to remove the anonymity.

No comments: