Bitcoin Forum

   I've noticed that the volumes of bitcoin trading, they are the same as in November 2017, when the price were in the range of 6-8.2k, and there were no "tothemoon".

What could change the situation? It could be a radical change on the market, and here I see two scenarios:

1) the worldwide legalization of the cryptocurrency and the expansion of the possibilities for its use, like, everyone has in his pocket telegram with gram pays or LN and use them as simply as apple pay, pay pass etc. There are also normal exchanges in two clicks with a low commission.

2) some kind of cardinal global changes that will force people to immediately invest money into the crypto, massively, and a real example is the new sanctions against Iran as a result of which the Iranians will begin to buy up BTCBTCBTC , because there is simply no other option to keep money, sanctions may be implemented against the Russian Federation and China, will turn off the swift transfers and destabilize the banking system.

   Considering how the world is not stable today, the second scenario seems more likely to be truth, the first one needs much more time and without pushing up  it will not be realized. Your opinion, guys?

Yeah, bud! Really interesting thoughts, buy I suppose everything depends on big player, with huge cash flow....unfortunately everything is up on their deci

I'm for the first script. Legal regulation of the cryptocurrency market will protect the interests of every user, who have become the bitcoin owner, altcoins owner.

the volume is as high as every other time that price became stable like this. there are hundreds of examples one of which is the one you mentioned here!

in a way this is a natural phase that needs to happen. it is called accumulation and unless it is done we won't see a change.

bitcoin wasn't created to need "legalization" worldwide or local in order to be used and be strong. it is strong because it doesn't need those things.

no, they are investing in Gold and other currencies including USD and EUR just to "store the value" of their money. they are not considering bitcoin as much as you think even during the sanctions and the financial crisis that IRR is losing its value.
not to mention that there is no exchange market for bitcoin apart form P2P trading which happens to have a big spread between bids and asks which makes it not-profitable to buy at this time.

Bitcoin will become the best coin forever and will replace dollar being the only one king in the market. I think that it is not my fantazy, this will happen later a bit and we should wait a bit

of a truth, regulation and inflow of mor funds into bitcoin would be one of the best scenarios for bitcoin

these two scenarios have very good ideas number one, make sure that the legality of bitcoin, so that we can use bitcoin in terms of payments and so on, because so far the legality of bitcoin is not so comprehensive, some countries can use bitcoin in their daily needs.
and number two, bitcoin is sure to be the number one choice for investing.

I'm tired of hearing different bitcoin scenarios. they are so irrelevant to each other. I think the right scenario is your own scenario.

both of these things you mentioned here are highly unlikely to happen on a large scale. they both happen on a much smaller scale. like some countries legalizing bitcoin, some others incapable of making their mind and on rare occasions banning it.
and none of them are "best scenario for bitcoin"! that actually would be if people realized how to use bitcoin as what it meant to be used for meaning a decentralized currency and stop caring what the government says.

People always says that this is that, that Bitcoin is the same with last years, blah blah blah. We should try not to expect anything for us not to be hurt for what is going to happen.

My thoughts, regulations might be tough but its all we need to become more established and for institutional investors protection. Before, IPO's are also feared by many until they are fully regulated same thing will happen to ICO's and crypto. Bitcoin might serve a big role in changing and modern economy it might be the new Gold reserve of the future and some countries may start acquiring moreto backed there currencies.

Probably going to be a difficult goal to reach though. Most likely majority of the people are somewhat afraid of the government. Especially when talking about brick and mortar stores; the last thing they would want is the government shutting down their shop just because they didn't follow a certain rule(though it completely depends on the country and it's laws).

however, the key to both scenarios is the legalization of the government. because the state government is the one that plays a major role in economic policy, including bitcoin regulation.

 For me,the best scenario in bitcoin is that when I buy bitcoin at low price then suddenly it increases its value.

Bitcoin wasn't invented to make you money.

yeah but that would only be the extreme case of a country that has actually banned bitcoin like Bangladesh. the rest of the world have not done such a thing and stores are free to accept bitcoin as payment.

what i said about "what government says" was about when they are stuck arguing whether they should call bitcoin a security or a commodity or ... or approve ETF or reject it or... :D

1) Bitcoin's adoption will grow, but it won't become as widespread as most people hope, because average people are actually quite satisfied with banking services, and Bitcoin might be hard to use due to risks of hacking and losing your keys. It's unclear how much value can be backed by Bitcoin's adoption as currency, I'd say it's up to $60,000.

2) There are no good examples of Bitcoin's price rising as the result of economic disasters, so this theory is yet to be tested. And I really doubt that it will help circumvent sanctions, sanctions are not only about payments but about preventing businesses from working with sanctioned countries. x

here the second scenario makes sense, I am very sure this second scenario is running and will continue to do so

I live in Bangladesh, there is no broadcast of Bitcoin in my country. If Bitcoin is promoted well in my country and all by selling or buying bitcoin, it will be the best scenario for me.
 

Both scenarios are possible,but if we are talking about the best,then of course I like the first.Yes,you're right,this process is not fast,but this is exactly how events should develop.That's what cryptography is for.This distant future is not so far.And we can direct the flow as needed.If the whole world to unite FOR, we will achieve the necessarily.Otherwise, it will lose all meaning.

yes the volume was the same


With the passage of time the first option will become a reality, this is only a matter of time, just be patient.


We need more fresh money entering the world of crypto and for this we need the collaboration of governments and central banks, this may be possible in the future, For now we are struggling to change the minds of governments and central banks

Worldwide acceptance is good but all the Traders are earning their money from the volatility of Bitcoin and the differences between two prices, so they cannot survive in the case of Bitcoin would be stable and used as a currency.

Very wise statement, I think in it is almost the main reason of its volatility, big players just need to earn money, but it will not last for a long time, as far as bitcoin will be used as the currency and will be more stable then fiat currencies, the world will change.

I think that now the big players in the cryptocurrency market specifically lower the price of bitcoin and alternative coins. someone specifically postpones a meeting of the sec by the ETF. so now the market will fall. It is possible that bitcoin will fall to the level of 4500

Bitcoin cannot low its capitalization under 100$ billions, otherwise it will be considered as a small market and there will be no bitcoin
futures. I see this situation like altcoins will lose its positions, and btc dominance will reach like 80-90%, only after that, probably in 2019 we will see the bull market.
Also there are rumors that tendency on the market will change when Bitmain will start its IPO.

LOL ;D

also not for losing money and also not to just keep it equal so what an idiot thing to say
when you buy its cheap and its a store of value ..... and more getting in it what drives up the price ..... than ofcourse its a moneymaking thing

The pumping value really kepts the price into abundant progress, but the real thing on this was based on how people managed their funds over btc holdings. We all hope and pray that this time we'll be given great scenarios which bitcoin will always be the main proponent for our trading success. I know it's hard, but still the dedication and perseverance of everybody always counts every second.

Last year and this year's price scenario were entirely different. Last year during November-December, the price was sky-rocketing. This year, its sky-fallin'

1) We don't need legalization of bitcoin, as good as it sounds, its not, the entire decentralization would become into Governments indirectly saying "I control you motherfucker!".

2) Iranians won't buy Bitcoin, they are on the verge of self destruction, their economy has been so bad for years, they won't affect bitcoin's price by any measure.

If you want bitcoin to go up, just get some rich as fuck person who is also a stock market player(like Warren Buffet, but he hates it, so find another one), to admit bitcoin has a good future, and look how things will change.