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Coinpoppa

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Whether you believe cryptocurrency is going to rise again or continue to fall, this domain has potential. This domain can be used as a bankruptcy law referral service among other things. The important fact that you must consider is that people were buying Bitcoin, among other cryptocurrencies at all-time-highs with credit cards. The market capitalization of cryptocurrency has fallen from 820 billion in early January to 255 billion at the time of this post. Do a quick Google search for "credit card delinquencies caused by cryptocurrency" and you'll see for yourself. I did include an article/survey that was taken at Bitcoin ATHs:

"A recent poll shows that nearly one-fifth of all Bitcoin buyers are using credit cards to fund their investments, likely paying hefty fees for the privilege. A large portion of those buyers then carry the balance instead of paying their cards off, implying that they’re highly leveraged – but confident that their investments will grow in value.

The findings come from a survey conducted by LendEDU, a student loan refinancer, in December. They conducted an online poll of the payment behavior of 672 active Bitcoin investors, and found that 18.15% of them bought the virtual currency with a credit card.

Of those, 22.13% did not pay off their credit card balances. Nearly 90% of those planned to pay off the balances by selling their Bitcoin investments, implying a firm faith that the cryptocurrency’s price would continue rising. LendEDU doesn’t indicate that the survey was scientifically randomized, but its large sample size, and use of two layers of screening to ensure respondents were actual Bitcoin buyers, gives credence to its findings."

Posted by Fortune.com on January 13th, 2018
 
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