ALL CRYPTOCURRENCY TRANSACTIONS INCLUDING BITCOIN WILL HALVE IN VALUE THIS YEAR

According to a recent research paper from Juniper Research called ‘The Future of Cryptocurrency: Bitcoin & Altcoin Impact & Opportunities 2015-2019′, all cryptocurrency transactions including Bitcoin will more than halve in value this year. The paper explains that the transactions will fall from $71 billion (2014) to just over $30 billion in 2015.
Main Reasons for the Decline
The decline reported in the paper from Juniper is explained by the combined impact of bitcoin exchange collapses, Bitcoin thefts, and regulatory concerns. The researchers are worried about cryptocurrencies’ role in funding the ‘dark web’ and may see potential bans from different regulators and nations.

This post was published at Crypto Coins News on February 9, 2015.