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I think that in the not too distant future blockchain technology will be part of banking transactions, and I think we have a bit of that with ripple and its association with central banks.
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I believe the same thing as long as a project does not have utility and innovation for nothing will serve its price, because it will not grow again it will stay stagnant and fall. bitcoin has decreased its use as a means of easy, safe and fast payments and at the same time to carry out slower transactions with high rates. I hope this is just a bad time and that your developers can continue to innovate and improve bitcoin because their project still has a long way to go.
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As long as a currency has utility, its price will increase and ripple has proven it although it is not a favorite within the bitcoin community, but it is one of the favorites within the investor community. If RippleNet manages to be an integral part of the financial industry or the standard protocol for inter-bank payments, then it could consolidate and continue to rise in price. However, the chances of its failure are very high. The main criticism against Ripple is that it will be unseated in the long term by Stellar (XML), an open-source hybrid block chain that is also used as an equitable payment system for people and banks.
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at the moment the wallet that I know of cardano is Daedalus and as for the exchanges, ADA is in bittrex, binance, coinnest, gate.io and Mr. exchange. I recommend bittrex where you can do direct exchanges from ADA to BTC, USD and ETH and vice versa.
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Apparently the bitcoin developers did not prevent this problem, high rates, perhaps at the time would not believe that bitcoin was going to have great growth in its price, now it has become a currency only to have it retained and not to do Payments.
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it is possible that bitcoin increases more than 300% within a year knowing how has been its behavior this year, but of course it is an unpredictable currency for which you can raise as maintain or lower, everything will depend on how your environment will be in the next year.
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I'm using both Bitconnect and Davor. Bitconnect is an established lending platform, although I'm not sure how long it will remain, since there are a lot of rumours they are working on their exit strategy (let's hope the rumours are false). Since shortly I also started with Davor. Their daily interest for lending is definitely higher than Bitconnect. I now have a small amount in lending, and some more just in Davor coins, and staking these. Staking "only" has a monthly interesest of 10%, but you keep the coins, which are currently growing in price rapidly. So the coin will be woth a lot more in a couple of weeks (assuming prices keeps increasing), and then I'll put this also in the lending platform. The only risk in here: Davor is fairly new, so who knows whether they are legit (but I can't imagine why they would exit soon). Feel free to join using my referral link: https://davor.io/Account/Registration?r=AB8BAEI do not think they'll leave soon, apparently Davor made an excellent ico and his loan platform has gone very well as the price of the currency, of course we should always have a reasonable profit limit to withdraw our investment and insure it. |
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You can choose to keep your investment retained or change it to a currency that is rising, the important thing is that you do not lose your investment because you are in a hurry, do not despair the bearish market is a good opportunity to continue investing.
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This rise in ripple is due to the fact that the financial services company SBI Holdings and its subsidiary SBI Ripple Asia established a consortium with some Japanese credit card companies to use the Blockchain technology. While the scope of Ripple's participation in the new consortium was unclear, the digital currency rose 20 percent to a record high of $ 1.43.
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Bitcoin represents a certain price but faith is what gives it its value, so if you keep faith in them and make many more people trust you can make bitcoin reach the highest you can imagine.
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The introduction of celebrities in bitcoin is a clear example of the boom and growing popularity of a technology that offers great changes in the way in which the current world is conducted, and an opportunity for Distributed Accounting Technology to penetrate new niches of the hand of influential people in many areas of our society.
For me the most influential has been Bill Gates which has transmitted more confidence to bitcoin users for give their good point of view.
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for me if it is possible, until the last bitcoin is extracted, it will continue to increase and give profitability to its users. Personally I think that Bitcoin can reach up to $ 25,000 in 2018, with extreme volatility. although there are more and more influential people who predict that at least it will reach $ 40,000 by 2018, generating as a kind of "consensus" to achieve that value.
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A good exchange should provide:
A good security with limited history of vulnerability leaks.
privacy although this will depend on the form of payment.
That shopping limits are high.
Rates of reasonable change based on the current price.
A good reputation, try to choose a trustworthy and long-dated Bitcoin exchange. Sure, some new Bitcoin exchanges may offer lower rates and better service, but until you have built a good reputation from below, you should continue with the most popular exchanges.
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for these operations I usually use localbitcoin although it charges a certain fee when depositing and withdrawing bitcoin, itīs very reliable when it comes to switching btc to fiat money. what I'm not sure is that this platform is included in Pakistan.
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I have participated in several and none have seen gains since then, most are responsible for sending you junk mail which is a bit irritating, in my case I lost the hopes in the airdrops.
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by improving bitcoin with the increase in the size of the block up to 4 MB and the production speed of the block to 2.5 minutes, its popularity will grow and those who did not use bitcoin for their high rates, will invest in this currency increasing their market and price.
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With the next fork that will be given before the end of the year, we do not know how the market could act. Bitcoin dawned well today, increasing its price. I will take advantage of the low price of bitcoin to invest, but I would not know if it is going to have another sharp drop.
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I think that bitcoin is something difficult to control, no doubt there can be manipulations that can confuse the user but, without a doubt, Bitcoin has managed to maintain itself and this year it has been put to the test under the worst scenarios.
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I'll buy some coins, My idea Prices may increase in 2018...Want to know your opinion, I do not think there will be a loss..My previous purchase was something Their prices are much lower now
I think that buying bitcoin will be profitable in any case, until the bitcoins are mined. Once mining is halted, the growth of the rate will behave differently, but now is still a good time to buy this coin Of course, the last bitcoin will be extracted within many decades, so for the moment you have to take advantage of the losses, which is the perfect time to enter bitcoin. |
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So what is the "official" stance of the Chinese government in regards to Bitcoin and cryptocurrencies? Is it totally illegal in China? Or just the development of it? Since the majority of Bitcoin mining is in China how does that affect what the "official" stance is? Can Chinese use Bitcoin/cryptocurrencies in China or just hold it?
The information could go a long way to clarifying some issues with BTC in China and maybe help spur some interesting conversations/solutions.
As far as I know it's not completely illegal. But the thing is that the miners and exchangers have to be complied with very strict regulations and laws otherwise they can't run legitimate business and they probably have additional costs. At least that is my understanding of situation in China. The bigest mining farms are still placed in China and I haven't heard information that they stoped mining or that they have moved elsewhere. Thank you for the clarifications. With all the additional regulations, is it possible that the companies that could would move their operations to another location that is more amenable to them being there without the additional costs? Of course this would happen over a period of time as to not hamper their operations too much. After most of the exchange closures in China, many miners were apparently preparing for the worst, with some plans to move to neighboring countries or very cold areas, such as Iceland. Currently I do not know why they are kept in China, but I suppose that China will not allow its miners to leave so easily from the country, knowing that they represent the highest percentage of bitcoin mining. |
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