Watch videos, top stories and articles on Bitcoin at moneycontrol. Should you substitute it with Bitcoin? Moneycontrol spoke to market and personal finance experts. On a consensus basis, they seem to recommend 15 bitcoin calculator investing it.
Here are a few reasons why experts are not upbeat about it. The story of the meteoric rise in Bitcoin’s valuation was punctuated by a steep decline in its dominance. This coincided with the rise of Ether, Ripple and Bitcoin Cash. By 10 o’clock in the morning the loss was over USD 200 billion. If you own bitcoin, Warren Buffett’s cryptocurrency predictions are scary.
If those ominous words aren’t enough to stress investors out, earlier this week, the popular cryptocurrency ripple plunged almost 13 percent and bitcoin shed nearly 8 percent of its value. 13,120, its weakest since January 2. The Senate Banking Committee will take testimony from Commodity Futures Trading Commission Chairman Christopher Giancarlo and Securities and Exchange Commission Chairman Jay Clayton in early February, the source said. He said that people are investing in the currencies which are unregulated. The blockchain is real,” Dimon added in the interview.