Bitcoin 'may not last that much longer,' academic warns (cnbc.com) Ok, so the only thing I know about bitcoin is that there is a limited supply of bitcoin to mine and once that's over then demand for bitcoin is going to push its value up forever as there isn't enough to go around. But what has been happening recently is that Cryptocurrency is more often being traded on exchanges, such as Coinbase for instance, like stocks, instead of being mined. And the price of bitcoin dropped recently, so I don't know what's going on with that.
Ok, well, I'm officially done with cryptocurrency as an investment. I only lost money. Now I'm just going to use my Norton 360 antivirus miner to pump out ETH and sell it for a few bucks every month, but beyond that, I won't be investing in cryptocurrency anymore.
Ethereum is going to be upgraded several times to become eco friendly and unlike bitcoin, it has other uses and can be expanded and upgraded continuously. Its like a whole new internet for applications, loans, banking, games, etc