It may depend on the result of bitcoin futures or any factors that affect the bitcoin. If they are all positive, the price will rise to another level. Some large correction or price crash will prevent the bitcoin from hitting higher prices like $30k or $40k. And the demand for 2018 should exceed the demand this year to be able to rise more.
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There are some indicators on how to choose an altcoin for long term investment and researching will help you to find the best coin. The market share, transaction volume, how they develop the coin, utility value,among others will show if that coin is suited for long term investment. Risk are always there and they are vary in degree in every coin.
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It good to know that some car dealers in your country has decided to accept bitcoin as one of their mode of payment. I hope that someday there will be car dealer in my country that accept bitcoin, even it is a second hand. online payment is fast and convenient but you abide by the rules when it come to tax that may come out of bitcoin transaction.
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When a huge amount of money is involved in trading, it is no longer fun because of fear that it may vanish in a second if you make a wrong move. If you win often in trading then enjoy your winnings especially when you already an expert and know how to win every trade. Trading is a serious game and losing a trade is not fun.
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That will remain to be seen after the first day of bitcoin futures as many predicts some more surge on the price of bitcoin. Some online news report that bitcoin futures will help stabilize the volatility of the bitcoin price, does it means that wild price swings will be a thing of the past? No one know what lies ahead for the bitcoin as it enter new chapter by means of bitcoin futures.
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The bitcoin fever continues as the price surge to another all-time high, will there be a correction in the days ahead? Hitting as high as $17k in the Bithumb and Coinone exchanges, it may reach $20k next week or earlier in that South Korean exchanges. In other exchanges like coinbase the price is in the $13k level. The next is it will try to break the $20k before Christmas or earlier.
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The future is bright for this main cryptocurrency as it continue surging to $14k and it seem to reach $15k or more before the year ends. The approval of US regulators for bitcoin futures might also affect the future prices of bitcoin. if the launching of bitcoin futures is successful and supported by many. the price might further go up in the future. But a big dip might also happen in the future as bitcoin price needs to correct itself.
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Trading is not for all, it's only for those who willing to take the risk forever. But if you are really a trader, even if you quit now, in a months to come you might miss the trading and might plan a comeback because once a trader is always a trader. You can always set aside of what you have earned from your last trading and save it for a possible comeback in the future.
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$13000 prediction remains to be seen but it can be achieve if bitcoin will encounter no corrections in the remaining days of 2017. the launching of bitcoin futures by CBOE and CME following THEIR approval will also boost the bitcoin price. If the launching is successful, there might be another surge of bitcoin price and it might reach the $13k level this year.
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Ethereum will reach $1000 in first quarter of 2018 most probably.
If demand for Ethereum will rise up considerably in the first quarter of next year, the the $1000 target might be reach. The price appreciation have been too slow if you compare to the newly forked coin the bitcoin cash which already has the value of $1500. Ethereum should reach $500 before the yearend and if its price will not go stagnant, the target price of $1k will be possible before end 2018.
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Either one, it always depends on your expertise or knowledge in trading and the amount of risk you want to take. If you want safer trading then go to stock market, or faster profit but riskier trading then cryptocurrencies is waiting for you. Trading cryptocurrencies really gives you faster profits and more earnings but the risk of losing your hard earned money is high.
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The future is here according to some of the well known supporters of blockchain technology and there will be a massive use of this kind of technology in the coming years. This decentralized platforms are being created to foster peer to peer interactions in the business. Blockchain also provides efficient ways with reduced cost of using it.
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Although no one can exactly predict the future price of the bitcoin because of its high volatitliy or fluctuation, several methods can be use to predict it. If you already know how to use fundamental analysis and technical analysis that involves chart reading with candlesticks, then you can be able to predict any price movement in the future. It is also a good habit to follow the bitcoin price trend everyday to help you guide in predicting the next price movement.
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Btctalk name: Rooster 101 Rank: Full Member Current post count: 275 BTC Address: 395uQ266D6huKkuBQoo9gehYBSE6gLWMMR Wear appropriate signature: Yes
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Bitcoin will remain to be The One, the original. If bitcoin did not exist, those forked coins that comes out of bitcoin will not exist also. Bitcoin wiil die only if the internet is gone.
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It is hard to replace the bitcoin as the main cryptocurrency which currently dominated the markets from all levels. But altcoins are always there to give investors alternative investments as its name suggests, which are more cheaper in value than the bitcoin.
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In India, the bitcoin almost hit the $13000 mark according to an online news. If bitcoin price rise that fast, it will able to reach $15000 before year end. If corrections or price crash will happen some times this December, then it will reach that price early next year.
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Litecoin is considered to be one of the profitable investment option and its value can go up to $100 early next year. The only problem that seem to be dragging litecoin's price down is the bitcoin price upswing but I think it will eventually manage to climb up in the coming days.
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i will invest in some trusted ICOs and in cryptocurrencies for trading and long term investment. Many altcoins are in now in good position for another price uptrend especially when bitcoin trend reverses.
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Bitcoin's still on uptrend and affected the upward momentum of many altcoins, but it will soon resume once bitcoin go into bearish mood.
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