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1 of the 7 Most Important Questions For 2018

It's going to be another fascinating year for the Internet. Hear are the questions we're asking about the next 12 months in tech..

Q1. Will Bitcoin Crash?

Long Answer

At the beginning of 2017, on Bitcoin was worth less than $1,000 (£745). As the year comes to a close, the digital currency has topped $17,000 (£12.760) and is expected to keep climbing. Congratulations to anyone who mined Bitcoin or bought in when it was worth much less, and commiserations to everyone else who missed this trend.

But will Bitcoin continue its march into the mainstream? Right now, it looks unlikely. While Plenty of fortunes are being made - and lost - on Bitcoin, it's still nowhere nearer to replacing cash. Indeed, the fluctuation value has made it nigh on impossible to use for actually purchasing anything, online games platform Steam has stopped accepting Bitcoin because it's simply to much trouble. So while Bitcoin may be filling bank accounts, it's not actually helping to build the decentralised currency system its designers and early supporters had hoped.

Short Answer

It's impossible to predict what this volatile currency will do next, but expect plenty of drama!!



This post first appeared on Technology Overload, please read the originial post: here

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1 of the 7 Most Important Questions For 2018

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