How to survive the Bitcoin and cryptocurrency crash

 
- m. The total market capitalization of all cryptocurrencies is hovering around $450 billion, down ~30 percent from $650 billion just 48 hours ago. By the end of the year, Bitfarms plans to  23 Nov 2017 For people outside of the complex and exciting world of cryptocurrency, Bitcoin can be hard to understand. SINGAPORE (Reuters) - The head of Singapore's central bank  Singapore central bank head hopes cryptocurrency tech will survive 'crash'. As always, bubble burst will come without a warning. 2. 22 Dec 2017 While a “Santa Claus” rally appears to be underway in the stock market, cryptocurrencies just got a visit from the Grinch. How To Survive A Bitcoin Crash Created with Sketch. 9 Oct 2017 The cryptocurrency is up 1600% in two years – but state efforts to remove its near-anonymity will undermine its popularity. Don't think in  17 Jan 2018 Bitcoin's price dip Tuesday shows that the cryptocurrency is still volatile. 21 Jan 2018 Bitcoin / U. Broken representation of the Bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illu. At 29, Josh Olszewicz is another one of crypto's so-called OGs — a trader who survived bitcoin's 2013 crash and the bear market that followed. Would in a currency crash the cryptos not be one of the little alternatives to 'get out' that still present themselves? 24 Dec 2017 Now that the cryptocurrency markets are down $150 billion for three days straight (don't laugh, some in the field view this as an eternity), it might be a good time to talk about the inevitable crash. Bitcoin has gone through multiple crashes before: in spring 2011, in November 2013, and in January 2017. 17 Jan 2018 Bitcoin and the wider cryptocurrency markets have taken a big hammering. 15 Dec 2017 However, the average cost of a transaction on the bitcoin network has grown tenfold in recent months to as much as US$27. The crash came a day after Wall Street got its own long-overdue correction: The Dow Jones Industrial Average fell by 4. 04; - Curators $0. . Speculators may have gobbled up this brief bitcoin dip. Here's how you can work out which digital currency is likely to survive the onslaught. MAS chief hopes cryptocurrency tech will survive 'crash'  2 Jan 2018 BITCOIN fever will burn out in a "spectacular crash" and regulators should step away as the cryptocurrency will take care of itself, according to a Former Reagan President Reagan's former director of the Office of Management, David Stockman, said the cryptocurrency will not survive in the long-term. 11 hours ago America's largest banks had myriad worries in mind when they rushed this week to ban customers from using credit cards to buy cryptocurrencies. , the Ethereum-traded coin was trading at more than $370 per unit, a gain of roughly 6. The value of bitcoin surged around  15 Jan 2018 The Monetary Authority of Singapore (MAS) is carrying out extensive research into the distributed ledger technology that underlies bitcoin. a circuit board: Broken representation of the Bitcoin virtual currency, placed on a monitor  29 Nov 2017 Bitcoin shot through the $10000 (£7440) barrier on Monday and by the time you read this it has probably gone through $11000 – the last quote I saw was $10831. Meanwhile bitcoin has dropped  15 Jan 2018 On Monday, the head of Singapore's central bank said about hoping that crypto technologies such as blockchain would not be undermined by an eventual crash in the virtual coins. I need to start by saying that there is not much historical data to properly analyze Bitcoin and Cryptocurrency  13 Sep 2017 Zivkovski further warned traders against relying on the assumption that Bitcoin will always rise in value. Some have zero, others have market capitalization less than 0. The mood over the past few days across online boards where enthusiasts discuss cryptocurrencies was a mix between sombre and resilient. twitter. Submissions that are mostly about some other cryptocurrency belong elsewhere. This subreddit is not about general financial news. Even though, you will never know when the market is going to crash. Make no  Which bitcoin mining stocks are worth buying and which ones should you avoid like the plague? How long will the Crypto Mania last and how should you be playing it? Which cryptocurrencies are going to survive the coming Crypto Crash? Cody Willard, who famously told people to put up to 1% of their portfolios into bitcoin  Singapore central bank head hopes cryptocurrency tech will survive 'crash'. Bitcoin alone takes a chunk of the cryptocurrency market cap percentage. 04. bank head hopes cryptocurrency tech will survive "crash" Cryptocurrency concerns echo other global central banks South Korea, a crucial source of global demand for cryptocurrencies, said last week it plans to ban cryptocurrency trading, a move that sent bitcoin and other  13 Dec 2017 The magic of the blockchain notwithstanding, most Bitcoin trading may take place off the blockchain and look a lot like traditional financial markets. What is likely, is that Bitcoin and Dash and other top 20 coins to fall hard during the upcoming market crash. 17 Jan 2018 Many people are convinced that cryptocurrency will crash sooner or later and investors should at least consider the possibility that this could happen. This means buying  16 Jan 2018 as Bitcoin prices nearly touched 11k USD and if this crash continued for 2 more days then Bitcoin will dropped below 10K USD, which will be lowest to 6 cryptocurrency are survive in this crash from top 500 so we could say some cryptocurrency slowly lowering their drop rate then when it comes nearly to  29 Nov 2017 After crashing to $11 in 2002, it's now worth $32 — less than half of what it was worth at the peak of the dotcom bubble. But having so many different  18 Oct 2017 In fact, many of these new cryptocurrencies will need to fail in order to maintain the viability of the best-known currencies, bitcoin and ether. Let's break these down There is too much to be learned and too much profit to made from the incredible innovation that is cryptocurrency for you to be sitting on the sidelines. + ghostgod · + funkit · + amarie · + cryptoadvocator · + alinix · + johnmichaelfava. Bitcoin soared more than 1,700 percent  17 Jan 2018 The crypto crash that began two days ago accelerated yesterday and today, with essentially all top 100 coins down anywhere between 15-30 percent. Ravi Menon, managing South Korea, a crucial source of global demand for cryptocurrencies, said last week it plans to ban cryptocurrency trading, a move that sent bitcoin and other virtual coin prices plummeting. Reply 1. Bitcoin news: Strategist claims cryptocurrency is not a challenge until it is  6 days ago Futures trading provides a market for cryptocurrency-bears, writes Atulya Sarin. Only the strong survive. Except with Decred, you're doing significantly more than you would with a bank. 1 day ago Singapore says no strong case to ban cryptocurrency trading will also not be known for some time," the deputy prime minister said in a written answer to questions from members of parliament on banning the trading of bitcoin or cryptocurrency. Shishido is an early-stage investor in crypto projects like Breadwallet, Yours, Stashcrypto and more. S. Still, Gary McFarlane has found food for the crypto bulls. Unlike investing in a house  22 Jan 2018 9 Jan 2018 Bitcoin news: Charles Hoskinson, Ethereum co-founder, says change is coming to cryptocurrency in the form of a crash — and a follow-up consolidation. Bitcoin lost more than $3,500 before quickly recovering. 1. As of 4:40 p. Singapore Central Bank Head Hopes Cryptocurrency Tech Will Survive 'Crash'. He goes on to suggest that it is likely that a nation that is recovering from terrible leadership will decide to adopt a cryptocurrency instead of relying on a central  20 Dec 2017 A bitcoin “flash crash” briefly rattled cryptocurrency traders last night. Bitcoin prices sank from around $16,000 on Thursday to  16 Feb 2017 Altcoins are springing up on a daily basis, you might have noticed that they appear pretty regularly in the lists of CoinMarketCap. I could imagine a Star Trek-type civilisation utilising an advanced Bitcoin version for value exchange (which, in a post-scarcity economy, could be  16 Jan 2018 - 7 min - Uploaded by Matt AndersenHi Friends, Cryptocurrency is extremely volatile and should be taken into account when starting 23 Nov 2017 Despite China's recent ban on cryptocurrency exchanges bitcoin has gone from strength to strength. We'll be lucky to survive our own. Pinpointing the best opportunities can prove quite helpful. Promotion of client  4 Dec 2017 Find out how to buy into the financial phenomenon with this Bitcoin crash course that'll help you invest in cryptocurrency. If this theory is true, it has the potential to crash the price of bitcoin and potentially hobble the operations of many  16 Jan 2018 I'm not saying there will be a cryptocurrency crash of epicly disastrous proportions. Singapore's central bank is among many global regulators voicing concern about the risks in investing in  3 Dec 2017 Not All Bitcoin Investors are Mark Shulgasser. 14 Jan 2018 A representation of the Bitcoin virtual currency placed on a monitor that displays stock graph and binary codes. Its price will crash and everyone who thought they had made fortunes will wake up with  21 Sep 2017 It is important for traders and investors to keep in mind that even if the larger cryptocurrency market crashes, some of these digital assets would be able to hold up. However, in the long run, the cryptocurrencies that hold real value and the network that help make processes efficient shall be the ones to survive all kinds of crash and Ethereum (ETH) is one of them. 15 Jan 2018 But it is carrying out extensive research into the distributed ledger technology that underlies bitcoin. The Hype, The Craze, and the Crash. . It's not, and this crash is the proof. 18 Sep 2017 Bitcoin will survive the China crash, just as the internet survived the dot-com bubble and the global economy survived the Great Recession. Back in 1999, I . Top coins  4 days ago Now the race is for scale in a sector where larger players can more easily survive the wild swings of virtual currencies. Investors should keep in mind that even if the broader cryptocurrency market crashes, some of  How to survive the Bitcoin and cryptocurrency crash | Motley Fool Australia #Bitcoin #Bubble. But it isn't the last time we'll see wild price action in the  12 Sep 2017 Do you remember the housing crash of 2008, when the innocents who bought homes thinking they'd make a fortune on soaring prices ended up losing . Some have labelled Bitcoins what traders call a “fool's asset”. )?I need something to store my money for a 2 days ago After flirting with a dizzying $20000 price point in December last year, Bitcoin is truly now a bubble in the process of bursting. cryptoadvocator (47) in cryptocurrency • 8 months ago. Monetary Authority of Singapore managing director Ravi Menon said he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash  14 Jan 2018 UPDATE 1-Singapore c. ”. the ability to process thousands of transactions, but despite the odds it is making an impact in many people's lives, countless of which rely on the cryptocurrency to survive. 75. 19 Jan 2018 Bitcoin has been hailed as the future of money – but will it survive the introduction of strict new rules (Photo: Getty Images). The value of bitcoin  15 Jan 2018 Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), said at a UBS Wealth Insights event in Singapore on Monday, he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the virtual coins, Reuters reports  19 Nov 2017 “It may be difficult, if not impossible to access for a while, but once things start returning to some level of normality, then the blockchain will return as it was before the disaster,” said Rob Harvey, a bitcoin investor who prepares for natural and nuclear catastrophes by learning and teaching survival skills, like  15 Jan 2018 The head of Singapore's central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money. “To be in bitcoin and cryptocurrency, is to be in the wild wild west. 8 months ago by cryptoadvocator (47). Many have brushed it off for years, saying that. Yesterday  Which bitcoin mining stocks are worth buying and which ones should you avoid like the plague? How long will the Crypto Mania last and how should you be playing it? Which cryptocurrencies are going to survive the coming Crypto Crash? Cody Willard, who famously told people to put up to 1% of their portfolios into bitcoin  16 Jan 2018 rules in order to try to exercise some control on the cryptomarket and regulate cryptocurrency trading. However, this current  16 Jan 2018 Ken Shishido, a Bitcoin Cash evangelist and crypto entrepreneur with strong ties to Roger Ver, believes that this year will be all about BCH. But this isn't the only reason Ripple held the the second largest cryptocurrency position after Bitcoin for nearly a week. Jan. There is nothing that indicates bitcoin crash specifically in August. Follow @SophieCo_RT. Video - Bitcoin Cryptocurrency Crash Course. “I do hope when the fever has gone away, when the crash has happened, it will not undermine the much deeper, and more meaningful technology associated with digital currencies and blockchain,” Ravi  23 Aug 2017 In fact, Goldman Sachs technology strategist Sheba Jafari, who predicted the cryptocurrency would crest $3,900 in June, now says Bitcoin is headed to "We're still in the early adopter phase, but now that it seems the scaling debate has been resolved and Bitcoin has survived all the drama, people are  13 Sep 2017 Yesterday, Jamie Dimon, chief executive of JPMorgan Chase, told a conference that he thinks the cryptocurrency bitcoin is a "fraud" and "not a real thing. However, when one looks at the big picture, it becomes clear that Bitcoin will struggle to survive. The cryptocurrency world was terrified by MORE: Heartbroken families 'lose life savings' in catastrophic crash of Bitconnect cryptocurrency. com/58UXBdQhkH. 6 votes. I 10 Jan 2018 As an example, Dogecoin, a cryptocurrency that was intended as a parody for the bitcoin boom, has a valuation of $1. A bitcoin is worthless. CST. 04; - Author $0. Which cryptocurrency in the top 100 would survive a Bitcoin crash (Bitcoin would lose around 50-60% in value. some ways more capable—technologies it inspired, like Ethereum, Monero, and Zcash, presumably surviving it (although they followed Bitcoin's lead Bitcoin has crashed several times in the past, and it's notorious for its volatility. Ethereum rose back to  10 Nov 2017 Cryptocurrency traders are used to extreme volatility, but latest swings will have caught out many. What to do if you believe in the future of cryptocurrency and are currently invested? Having experienced the previous Bitcoin bear market from the end of  16 Jan 2018 Bitcoin and the wider cryptocurrency markets have taken a big hammering. Bitcoin's gut-wrenching slide was just one of the threats. Can bitcoin be a transformational, technology-based, currency and be in a bubble at the  29 Nov 2017 Bitcoin has posted a return of over 900 percent since the start of the year. EST. Cryptocurrency boosters are trying to buoy the market by writing about how celebrities are bitcoin curious or professional traders are giving bitcoin a second look,  15 Jan 2018 Singapore central bank head hopes cryptocurrency tech will survive "crash" South Korea, a crucial source of global demand for cryptocurrencies, said last week it plans to ban cryptocurrency trading, a move that sent bitcoin and other virtual coin prices plummeting. The Great Cryptocurrency Crash and Why Enjin Coin Would Survive It . Is it just another bubble, or a glimpse into a radically different financial future? We ask Rick Falkvinge, CEO of BitCoin Cash and founder of the Swedish Pirate Party. Put some skin into the game! 1 day ago BITCOIN saw a dramatic crash in prices last week as the value plummeted to an overnight low of around $8000 today as Lloyd's bank announced a ban on “While their short-term value fluctuates depending on market news, the underlying technology – blockchain will survive and prosper, and I am very  20 Oct 2017 Let's try to see what we can do to prepare ourselves for this kind of events. 31 Jan 2018 It plays a central role in the operation of many leading cryptocurrency exchanges, including Bitfinex, but there is speculation that the company behind it may not hold the dollar reserves it claims. Those that survive will  13 Sep 2017 The Bitcoin cryptocurrency symbol on a stone sphere monument painted black by unidentified persons in Oktyabrskaya · Bitcoin is in a bubble, and here's how it's going to crash 5:38 PM ET Wed, 13 Sept 2017 | 00:51. So let's make a prediction. With Bitcoin prices near  15 Jan 2018 MAS chief Ravi Menon hopes cryptocurrency tech will survive 'crash'. Bitcoin for example, has plunged 50 per cent since mid-January to about $9,017, amid concerns about overvaluation regulation and security. As of early this morning, the digital currency is back above $17,000. This is one of the parameters that determine whether a cryptocurrency is here to stay or die. Goldman Sachs has announced it's looking into setting up a bitcoin trading operation, and Coinbase adding instant bitcoin, Ethereum, and litecoin purchases, the cryptocurrency has reached new heights,  18 Jan 2018 Electricity consumption from Bitcoin rose to a record high of 47 terawatt-hours this week. Shutterstock. 6% over the last 24 hours, according to CoinMarketCap. That is no accident. The Jefferson Club is for anyone interested in making sound and informed long term, strategic decisions in view of the current economic, social, and political climate. The coin has no Nolan Bauerle, research director at CoinDesk, says 90% of cryptocurrencies today will not survive a crash in the markets. 16 Jan 2018 Why is Bitcoin, and the market crashing? Developments in South Korea and China have always had a huge impact on Bitcoin prices since these are two of the biggest cryptocurrency markets with Korean exchanges leading global trading volumes. He has also been the co-organizer of Tokyo Bitcoin meetups since  By saving your Decred coins, you earn a fixed amount of "interest" as you would on a traditional savings account. It bounced back, and is now trading at $473 a coin, but the lesson is there. Sunday, January 14, 2018 11:12 p. Sunday, January 14, 2018 10:12 p. cryptocurrency. So far, I have said that Bitcoin will survive the "Crypto Crash" because people will need it for long-term investments, and a token  20 Nov 2017 The digital currency Bitсoin, once a toy for computer nerds, is now soaring in price, triggering a new gold rush. " He even went so far as to warn his employees that if they were caught trading  8 Dec 2017 While we've made the case that Bitcoin's current run-up has been "too far, too fast" and a painful correction is highly likely, the new cryptocurrency era is a . SINGAPORE (Reuters) - The head of  17 Jan 2018 Across the board, digital currencies were down for much of Wednesday, with bitcoin hitting a low below $9,500, according to Markets Insider data. If you'd bought in mid 1999 you'd still be For simplicity's sake let's say the crypto market consists only of bitcoin which is initially worth $10,000 per coin. Investors are more willing to survive the crash and they usually have the backup resources so they can sustain the  15 Jan 2018 Singapore central bank head hopes cryptocurrency tech will survive 'crash'. really knows what is going to happen in the future. Broken representation of the Bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illustration picture, December 21, 2017. Just like his hold on the long-term survival of Bitcoin, he has been perusing his computer screen since 2016 and  22 Dec 2017 Which is why I'm glad this happened. company allows Indian web users to buy bitcoins in exchange for a one-per-cent fee, is among those who believe bitcoin can survive its growing pains, outpace  12 Jun 2017 Prices for the cryptocurrency ether continued to climb on Monday after going on a tear for the better part of a year. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Many global Central Banks have concerns about potential losses for citizens through cryptocurrency trading. 2)Pinpoint Strong Opportunities. Since Bitcoin markets are the biggest, with all other  17 Jan 2018 The country is one of the biggest markets for cryptocurrency. Also I know I've been behind on livestreams! ▷ Below you'll find all your cryptocurrency needs! ▷  6 Nov 2017 The increasing value of bitcoin has led to some investment and finance advisors claiming that the digital currency is about to crash. Ripple is tied to Bitcoin on exchange markets. He's also a self-taught TA trader who pores over  22 Dec 2017 But which ones will ultimately survive and which ones will disappear? This is one thing to consider The promise of Bitcoin and other cryptocurrencies is to give anyone the ability to send money to anyone they choose, regardless of location, nationality or bank affiliation. REUTERS/Dado Ruvic/Illustration  26 Jan 2018 Earlier this year Ethereum – the second biggest cryptocurrency after Bitcoin – saw its value collapse from $317 a coin to $0. SINGAPORE (Reuters) - The head of Singapore's central bank  The Risks of Trading Bitcoins Even though there are risks associated with both investing and trading Bitcoins, the latter carries much more vulnerability because of the dynamic nature of this cryptocurrency. 21 Dec 2017 Will Bitcoin Survive Its Next Crash? Price drops of 20% or more have been routine for Bitcoin, and some have 4. 1 day ago JP Morgan's John Normand told Bloomberg he dislikes bitcoin and does not believe the cryptocurrency will replace or challenge traditional currencies. 24 Jan 2018 The top ten leading cryptocurrencies, including Bitcoin, Ripple and Ethereum, have had their prices drop by double digit percentages. 15 Dec 2017 As Venezuela's national currency loses value at a catastrophic rate, thousands have begun turning to the world of cryptocurrency to salvage what little value remains from their increasingly worthless John Villar has begun using bitcoin instead of bolivars to survive with the crashing Venezuelan currency. Nobody knows. 14, 2018, at 11:12 p. In this case: If you stay out of the  10 Nov 2017 Major economies approve the use of Bitcoin for transactions, several believe that the crypto could replace fiat currencies. 5 percent of the entire market. 00. " He declared that the open-source protocol would eventually "close. In fact, it can crash today or can crash in January 2018 or May 2019. All those people who thought they were "storing value" when there was no fungibility deserve to learn it the hard  2 Oct 2017 SUMMING UP Bitcoin has shown to be a powerful digital currency, but the real story of the future is Blockchain, say James Heskett's readers. But it is carrying  27 Dec 2017 How do you invest in cryptocurrency? Jeff Koyen's story of bitcoin, verge, litecoin, and cryptocurrency trading. To some extent TBD, after the inevitable crash, Bitcoin might survive in various niches at a plausible market value, and slowly start a climb up the slope of  News articles that do not contain the word "Bitcoin" are usually off-topic. 23 Jan 2018 Will Cryptos CRASH and Bitcoin fall, or will blockchain technology be here to stay? Let's chat about bitcoin/altcoin investing and trading, the future of blockchain and make up for yesterday's lack of video. 6 billion, as of this writing. Our goal is to better understand the direction of the economy, society, and politics, both in terms of trends and  11 Jan 2018 Learn how blockchain technology will survive the Bitcoin crash and power a new Internet of Transactions establishing financial relations that are behind Bitcoin, is thriving, and has every chance of becoming a game-changer in a wide range of industries not limited by cryptocurrency transactions. Every cryptocurrency comes with a market capitalization. Ether, the second-largest cryptocurrency by market cap, has been around for two years, so it's a relatively known quantity. Most of the recent ICOs are based on the  16 Jan 2018 Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), hopes that blockchain technology will not be affected if there is an eventual crash in the price of cryptocurrencies. In the light of a fair argument, I would like to point out that Bitcoin can change to tackle these issues and substantially increase its long-term survival. Follow market experts, get opinions and be heard! Join the largest trading & investing community on the planet. bitcoin price news latest crash BTS USD cryptocurrency GETTY•BLOOMBERG. Because I was getting sick of all those people who've been parroting the "Bitcoin is fine as just a store of value" narrative. 6 percent on Monday, the worst bitcoin #crypto #cryptocurrency pic. Cryptocurrencies are 9 Jan 2018 None of this is to say that Ethereum can't or won't survive a crypto bubble burst. As a believer in bitcoin, and cryptocurrency generally, I hope (and speculate) that it is the former, but in the meantime am not blind to the risks of human  21 Jan 2018 This second largest cryptocurrency is not alone in the downward trend, the widespread cryptocurrency crash has affected almost all cryptocurrencies in the market. Speaking to Cointelegraph about the  1 day ago After a merciless week of cryptocurrency crackdowns and a major hacking incident, the price of bitcoin plunged to $US8,590 on Friday morning (AEDT). 19 Dec 2017 Which bitcoin mining stocks are worth buying and which ones should you avoid like the plague? How long will the Crypto Mania last and how should you be playing it? Which cryptocurrencies are going to survive the coming Crypto Crash? 15 Jan 2018 Singapore central bank head hopes cryptocurrency tech will survive 'crash' Broken representation of the Bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illustration picture, Singapore cryptocurrency cafe launches as regulators sound warnings. His journey into Bitcoin started in 2016 when he spent $1,200 on two bitcoins. Get more trading ideas from E-55. at Dash, another cryptocurrency, told Business Insider that in the near term, similar situations could occur, but strong projects will survive in the long run. 18 Jan 2018 Taken together, these events may simply act as another reminder of the “volatility” of the cryptocurrency market, which saw bitcoin rise to a peak of $19,783 on December 17th. Mark Shulgasser is one of the investors who see a future in bitcoin. Past Payouts $0. But will it live up to Bitcoin Price Will Go To Zero As Bitcoin Will Struggle To Remain The Dominant Cryptocurrency. Will Another Coin Take the Crown? Bitcoin is the oldest and most valuable cryptocurrency, but a crop of nimble competitors, including Ethereum and Bitcoin Cash, could lure investors away. 9 Jan 2018 All that being said, my three picks to survive the “Crypto Crash” are Bitcoin, Decred, and Monero. 1 a coin in a day. $0. The founder and CTO of One way to survive a crash in cryptocurrencies is to 'Hold On For Dear Life,' or simply HODL. Dollar (BITFINEX:BTCUSD). However, Ethereum Classic's Charles Hoskinson predicts that as much as 90 percent of altcoin will probably die out in the near future. There is a problem with your question. Bitcoin and virtually all of its major rivals saw their prices plunge Friday, as the cryptocurrency bubble appears to be bursting. 15 Jan 2018 Singapore Central Bank Chief Wants Cryptocurrency to Survive “Crash” by most central bankers around the world, Menon has previously criticized adopters' “misguided approach” that bitcoin and other cryptocurrencies are merely being seen as an “investment vehicle…that's going to rise in value