It seems that nearly a third of people surveyed in the UK during November looking into Bitcoin think that the currency will collapse in the next six months due to high speculation.
Bitcoin is now widely known across the globe, and albeit public awareness of the technology has reached its all-time high, confidence in this new digital currency is still low as a study has suggested many investors and analysts think bitcoin will burst in the next six months.
The price of bitcoin has surprised a lot of people lately. It has already gone across the $7000 barrier but suffered a huge set back a few weeks later. Now the price is orbiting above the $7000 barrier again. However, a recently released survey by market research firm D-CYFOR, which had a sample size of 1,015, found that although 80 percent of the general public in the UK have heard of bitcoin, 58 percent said they would not invest in it while 30 percent predict the currency will be worthless within the next six months…
Read Full: UK Survey Highlights Anticipation of a Bitcoin Collapse in the Next Six Months | BTCMANAGER