It's been a tougher year than expected for Blockchain currencies. From a value of $20,000 at the end of 2017, Block Chain currencies plummeted to less than $6,000 in the summer of 2018. Bitcoin itself fell 3% on a 24-hour basis and has lost 50% of its value since 'start of 2018. a whopping 60% of its value from its December high. Then, as the world began to take its first steps out of recession and looked forward to a period of growth that would be more robust with higher inflation, bitcoin rapidly increased in value. Then growth stalled before declining spectacularly. Due to this admittedly worrying collapse, experts have warned that Block Chain currencies have now entered panic mode. Bitcoin itself hit its lowest value of the year just a month ago, while Ethereum has also suffered, losing 25% in the same period. This is a far cry from the “Bitcoin will be worth more than gold” prediction made by experts in their field. After all, by its very nature, its value will always be cyclical. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay So why this drop? Well, the main reason why Block Chain currencies are declining is because investors are using the frowned upon method of raising funds by liquidating their Block Chain holdings earned through coin offerings. Furthermore, because Block Chain currencies remain largely unregulated, central banks do not have the ability to step in and manage a decline in assets as they would with national currencies. You can feel the negative change in the air in online Block Chain currency forums. Just a year ago, investors were full of positivity, rejecting all detractors who dared to question the potential of cryptocurrencies, now attitudes have overwhelmingly moderated. While the market price of Bitcoin, Ethereum, and other cryptocurrencies may be in crisis mode, the regulations, regulations, and technology businesses and infrastructures surrounding them are all booming. This is to say that although Block Chain technology has declined dramatically, its market share has actually increased. It is also worth noting that Block Chains have suffered from trust issues in the past. Numerous failed blockchain startups have made investors reluctant to commit or recommit to the technology that had previously been burned. Over the next year or so, well-positioned Block Chain currencies are expected to rebound, however unlikely that may seem at the moment. In fact, if you listen to the bitcoin faithful, the digital currency could very well surpass its all-time highs from late 2017. The nature of cryptocurrency always means that this exciting new currency will fluctuate in value, but investors shouldn't worry just yet. Indeed, more and more reputable sites, such as online poker providers, predict that the currency will thrive in the long term. Some industry experts even predict that, despite current difficulties, Block Chain currencies will prevail and replace 25% of national currencies by 2030. Bank card providers, Visa and MasterCard, have already made the use of Bitcoin more habitual for everyday transactions, especially outside the United States where, in some places, payment infrastructures are not yet very well established. Facebook has also announced that it will form a blockchain group and even create its own Block Chain currencies to trade with on its site, bypassing the need for a government-backed currency. This move is known,.