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Joe Davis; Vanguard Economist, Predicts Bitcoin Price Will Crash to Zero

Joe Davis;¬†Vanguard economist believes that Bitcoin price (BTC) will crash to zero, and it will never emerge as reliable currency. Bitcoin price remains range-bound after falling 15% from three months high of $9,900 level. The bearish trend has been receiving support from influential icons. The debate over the use of Bitcoin as a medium of exchange is also contributing to the sell-off. Bitcoin price trades around the $8,300 level today. Altcoins are in the red after a short rally at the beginning of the week. ¬†The total cryptocurrency market hovers in the range of $380 billion, down from $465 billion it hit a few days ago. Joe…

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