Bitcoin can not be a national currency. He has no attachment to any state. Crypto currency also can not be the only means of payment for the state, even purely from the practical side. In the financial market of each country there will be situations in which the crypto currency can not be applied. Therefore, reasoning on this topic is a waste of time.

If it happens that China will still prohibit the circulation of crypto currency in its country, then the crypto currency will move from China to other countries, such as South Korea, Hong Kong, Japan. Already, the exchanges of these countries have increased their bids taking into account the incoming crypto currency from China.

In my opinion, China's government will not be able to prohibit the circulation of crypto currency in its country. Apparently, they themselves have already realized this. It is also believed that these restrictions were taken before the 19th Party Conference of China, which will be held on October 18. In addition, bitcoin has already shown its vitality and could quite manage and yuets of China. Therefore, the future of bitcoin is unequivocally.

The crypto-currency market can be stopped only if all countries take a decision about it. However, if at least one country refuses to do this and will have a crypto exchange, this market will work. Since all countries can not unite for such a decision, at least because in some countries, such as Japan, the circulation of crypto-currency is fixed by law, then such a situation can not be. So the crypto-currency market so far nothing is threatened.

Scammers will always invent different ways to attack our savings in digital wallets. Therefore, before you enter the sites that store wallets, you really need to always make sure of its original name. Such warnings are very useful, because they help to recognize fraud and not succumb to their tricks.

To beatkoyin paid as wages, it is necessary that the state, first of all, recognize it as a means of payment, otherwise there will be problems with paying taxes. However, I do not even know if I would agree to receive my salary in bitcoins. Most likely would be all that is not. Bitcoin is highly volatile in price. And to ensure their livelihoods it is necessary to constantly receive ordinary paper money. Bitcoin is well used as an investment in the long term, and not for everyday needs.

The Ripple coin has a good long-term retention perspective, as it is used in the banking system and the demand for it will only increase. However, I believe that its price will not rise sharply, but gradually. If now its rate is about $ 0.17, then in the next few years it can not go up to $ 100. I think that to make a few dollars she can. In many respects this will depend on the general growth trends of crypto currency in the world.

Bitcoin and other crypto currencies give a person more opportunities than ordinary money. Therefore, in this syslog kriptovalyuta better than used paper money. However, in my opinion, the crypto currency can not completely replace the existing traditional money. She can walk while only along with them. To replace the usual money, in us for a long time for this there will not be sufficient prerequisites.

Whatever individual states have undertaken, no matter what prohibitions they have made against crypto currency, bitcoin will vseravno exist in the future and actively influence the financial side of states and public life in general. We will now witness the results of the ban on crypto currency in China. In many respects the future of the crypto currency will depend on the outcome of this confrontation. If the Chinese government can not actively resist its crypto-currency bans, it will actively spread worldwide and continue to grow at a rapid pace in price.

Altkoine need to counteract the bitcoin. They have enough space in the virtual world, and in our real world. Altkoins, as a rule, are created to serve a certain sphere of our life in order to significantly improve, simplify and accelerate it. Bitcoin is also created as a digital universal way of making payments and payments. In addition, recently it has become increasingly used as a means of accumulation, a means of value, actually becoming digital gold.

Lately, a lot of information has appeared that the subsequent hard fork in November will lead to the formation of another altcoyin. This serves as another incentive to transfer altcoyins to bitcoin, or simply invest in bitcoin, because in November, following this fork in the digital purse, where bitcoin will be stored, another coin appears that will have some value, as it was on August 1 with Bitcoin Cash.

Such statements as the South African Reserve Bank have no significance for bitcoins and crypto currency in general. Crypto currency can go around the world without official recognition of it by the majority of governments. Banks, if possible, will always oppose the introduction of the crypto currency, because it violates the established foundations of financial relations of any state.

If bitcoin is widely spread all over the world, it will not completely replace the currency fiat, which is currently used. This can not happen in the real future. Existing currencies will long walk along with the digital currency. In order for people to fully switch to the digital currency, it is necessary not only official legislative recognition of the digital currency. It is necessary that absolutely all citizens have access to the Internet, had for this technical knowledge, and this is not feasible.

Criminals have always used and will use advanced technology for their own purposes. However, this is not an excuse to ban them. For example, many crimes are always committed with the use of household knives. However, it never occurred to anyone to prohibit knives, because criminals use them. This is the problem of law enforcement agencies as such criminals to find and isolate. This should not stop technical progress.

The just rising price for the crypto currency, and above all bitcoin, compels individual states to adopt their prohibitions and restrictions in order to prevent uncontrolled movement of the money supply. While its price was not high, the state still tolerated this, because it did not know the way to limit or prohibit the crypto currency. Now China first introduces restrictions and prohibitions, and already in parallel with this it tries to find the best way to interact with the crypto currency. We should inevitably experience these steps sooner or later. Therefore, we will now see whether the state can centralize the crypto currency or it does not give in to it by its nature.

Now China is introducing tough measures against bitcoin and other crypto-currencies. This is a good way to see if a separate, large country by territory and population, the recent leader in bitcoin mining, can cope with the crypto currency and prohibit or severely restrict its circulation on its territory. We will have a good experience. It is already clear that a single country will not be able to significantly affect the crypto currency, and the experiment that is currently conducted by China is quite interesting from the point of view of the vitality of the crypto currency. If you look at this issue more broadly, it is that the individual country can actively resist the circulation of the crypto currency and what will come of it. After all, Chinese citizens will also look for ways to bypass government bans and restrictions. For fans of crypto currency, this will be a good experience. So, let's look at the example of China who wins who

Due to the high volatility of bitcoin, it is increasingly compared with a bubble recently. This does not prevent him from restoring his course and developing. If you look at these things a little wider, then the economy of any state, the world economy can also be called a bubble, because it can burst under certain conditions. In the world, nothing is absolutely stable. If bitcoin is not liked by someone because of its rapid spread throughout the world and a sharp increase in demand for it, it is simply attacked and criticized. This is just not worth paying attention to. Bitcoin is and he continues victorious procession around the world. Let the dogs bark, the caravan vseravno goes.

Now the governments of some countries are concerned about uncontrolled diversion of money from their country through crypto currency transactions, as well as by the fact that the profit from using the digital currency is difficult to tax. A few days ago, the Chinese government bluntly stated that it considers the decentralized crypto currency to be a threat to its economy and therefore prohibits the circulation of crypto currency in its country. This example can follow the governments of other countries. However, it is one thing to prohibit the citizens of their country from using crypto currency in financial transactions, but it is either impossible or difficult to control the implementation of this prohibition. In addition, the country, in which the circulation of the crypto currency will be banned, automatically loses a significant part of the revenues from trade in the world market and during the period of expanding use of crypto currency in trade agreements by other countries, leads to self-isolation and, again, to a decrease in the inflow of currency into the country. Therefore, the prohibition of crypto currency to fill the economy with money, on the one hand is ineffective, and on the other hand it leads to the opposite effect. Therefore, the governments of different countries today face difficult tasks related to the crypto currency.

Unfortunately, unconfirmed rumors about the banning of the ICO in China were fully confirmed. Moreover, the Chinese government is carrying out a number of measures aimed at a complete ban on its citizens to trade in crypto currency. What China is really trying to achieve is difficult to say. It is even possible that the current ban on the ICO will lead to its emergence and cleansing from the existing risks of fraud and they will continue to be successfully conducted in this country. Let's look at the results of these events.

The etherium is now in great demand and support. On the basis of its platform, numerous ICOs are conducted, so I do not see the basis for not trusting the etherium. This is an old, good and promising, in my opinion a coin.