growth, in which it climbed from 2,000 to an all-time high of 2,800. Benoit Tessier / Reuters, following June's record rally, the world's most popular digital currencies bitcoin and ethereum continued their slide on Tuesday. "I'm sure a lot of people buy. "Anything thats appreciating really fast will attract money, and people that dont care what theyre buying into, do not know the facts, do not know the risks, and basically treating it as gambling. Images courtesy of WorldCoinIndex, Shutterstock). "In our opinion, the recent crash in the price. At the same time, the recent price fall might be a positive factor for those willing to enter a new rapidly growing market, according to Lopp. One of the healthier thing with this kind of correction is it is reminding people that it is still a new asset class, that there are a bit of risks involved the expert said.
Bitcoin price plummets, mistakenly after indian media misinterprets
Ethereum cost around 8 at the beginning of the year, while bitcoin has gained about 150 percent year to date. However, the recent fall in price could serve as a sobering reminder of the potential risks of investing in a new technology, which has still got a long way before being firmly adopted worldwide, Van Petersen pointed out. Fuente / Source m All videos about cryptocurrencies Todos los videos sobre criptomonedas o criptodivisas. "When people fixate on price movements over a single day, my recommendation is zoom out of the price chart and look at the broader trend said Peter Van Valkenburgh, director of research at Coin Center, a Washington-based nonprofit research firm focusing on cryptocurrencies,. "So I think were going to have a lot of different crypto assets for a lot of different crypto needs. Bitcoin in my view is very firmly in the store value camp and Ripple, for instance, has taken a very different stance. Ethereum surpasses that of Bitcoin in the next one to two years.
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