Lack of awareness: Many businesses currently apply bitcoin as one of their method of payments because of its advantages; however, it not many businesses are aware of this yet. To increase more users, people should be educated to openly use this new currency. When people in society starts using it, the value of bitcoin can gradually increase.
Risky: The factors why Bitcoin is risky and volatile is numerous. It can be its supply, demand, regulation, new project conception, and many more. With that, price bounces from time to time and new investors should be careful of their investment decisions. In the future, if more businesses, traders, and users participate in this market, the price can possibly settle down.
Early stage: As Bitcoin is new to the market and to people, some elements do not fit well and needs improvement, similar to normal currency. The services, tools, and features need more development to be more accessible to the masses. Although note that such development is already happening today.
Interested to buy Bitcoin? Check the Market Now https://www.bitkub.com/market/BTC
Comments
0 comments