Is Bitcoin dying? Depends on whom you ask. Some analysts say yes: the first major cryptocurrency has lost half its value since July. Others say no: in the past year, Bitcoin’s value has essentially doubled, despite some volatile swings. But most Americans still don’t own or use cryptocurrency.
So where is it going? Our guests debate it:
- Mike Komaransky, head of Grapefruit Trading, and long-time Bitcoin supporter
- George Conboy, chairman of Brighton Securities
- Gary Palmer, Jr., founder of MintingCoins.com and Bitcoin NYS