Originally published at: https://toshitimes.com/swiss-researchers-expect-bitcoin-market-value-to-drop-significantly-in-2018/
According to a recent research, conducted by Didier Sornette and Spencer Wheatley, professors of entrepreneurial risk at ETH Zurich, bitcoin’s (BTC) market value, which currently floats around $124b will be slashed by 37% to approximately $77b by the end of 2018. The research was based on Metcalfe’s law, which is a theory crafted by the…
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Wouldn’t the drop in Bitcoin be more related to wider recognition of the still not clearly resolved scaling and transaction rate problems?
It makes some sense to me that any negative factors in the cryptocurrency space in general would affect bitcoin as well. It certainly seems that bitcoin and the altcoins collectively seem to move more or less together up and down.
But advertising bans and more regulation ought to be impacting mostly new ICOs, I would think. As to bitcoin itself, regulation might make it more difficult or cumbersome to transact on exchanges, but at the same time regulation of exchanges would tend to make them more secure, which would be a positive.
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