The acceptance of the other government to the cryptocurrency is not like how they accept gold. They do not really understand how bitcoin works that is why they do not want to accept it as a part of their economy. They are afraid because they think that it will replace their main fiat money, but little did they know, it will for surely gonna boost their economy by the help of crypto.
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I do not know if it can reach that kind of price. But I think it will not reach that kind of price this year even if there is a halving that is about to happen. The effect of halving is gonna happen in the 2021. The expected price od bitcoin is $100,000. If that is true, it will have an effect to the ethereums price and it might reach the 1400$ mark.
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If the government is going to create their own coin, this is gonna be good since they are already accepting the idea of cryptocurrency. It will for surely gonna help the community of cryptocurrency because it is already accepted nationwide. The more consumer, the higher chance that the value of that coin will rise up.
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Actually I do not know other countries that allows to buy and sell cryptocurrency but this happenings in Japan will probably inspire other countries even more that there is no harm if they allow cryptocurrency in their country. Some of them do not want to allow it because they were afraid that their fiat money might be replace by it. Little did they know that it crypto will have a huge impact for their economic growth.
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I am not really into altcoin as of now. You must always consider the events that is coming before you are going to invest in a specific coin. Instead of investing in altcoins, why not invest on bitcoin? It will for surely going to make your money triple after the halving. We all know that it will for surely gonna rise up because it will lessen the supply by half.
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It is better to hold all of your coins as of now because halving is coming. Bitcoin price will continuously gonna rise up due to the demand of the consumer because of the said event. Halving will make the supply of bitcoin into half that will probably lead to bull run of it and other coins since they are dependent to the price of bitcoin.
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I would like to go to coinbase since most of my friends that is also doing crypto is using it. It also offers a double authentication every time you log on that will increase the security of your cryptocurrency. They are using it for a long time so I have decided to use it also since it is proven and tested by them.
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It is normal that investors will probably gonna look for another investment. They are scared that if that dump continuous, they might lose their money. The only thing that they do is to withdraw their investment when the price drops and invest it on another company for them to be able to earn a good amount of money.
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Actually as ethereum reach the 200$ mark, that is already an achievement since it doesn't even reach that kind of price before. It is actually good because that is the highest so far this year. Lets just hope that the halving might cause an effect to the ethereum price that will cause for its price to grow and pump even more.
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I do not think that there is really a certain reason on how are going to call the coin as shit coin. First and for most, almost all of the coin has been called a shitcoin because some of them drops its price. But if we are going to talk about ICOs, you can identify it by just checking the background of the creator of the coin. If they do not have a good background, it might be a scam since they do not have or has a less experience about developing it and might not be able to sustain the needs of that coin.
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I would like to go to ethereum and ripple this time. The price of this coin has a chance to pump because they might be affected to the halving that is about to happen this coming April-May 2020. There is a chance that after a year, halving effect might happen that will cause for every other coins out there to rise up its price.
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Not all the bounty projects deserves to be hold. Some of them must be sold as early as possible because its price might be able to drop sooner or later because of the lack of control of the developers to the supply and the exchange that they have chosen. Also, there are some projects that needs to be hold for its price to rise up even more. Those project will for surely gonna be successful and give you a big amount of profit.
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If that is IEO, they will for surely gonna pay in bitcoin or sometimes in Ethereum. But, if it is ICO, they will pay a coin that they are trying to endorse that is why it will for surely gonna cause a dump to that coin. Bounty projects must be real at some point since most of them is scam. We must learn how to identify legitimate bounties to avoid getting scammed.
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We must really pay attention to the halving that is going to happen in April-May 2020. It will for surely gonna have a huge impact to the markets current price since it will make the bitcoins supply into half. It will for surely gonna affect the price of other altcoins since they are dependent on what will be the price of bitcoin. Lets just hope for a highest price that bitcoin might possible to reach.
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Actually the Corona Virus doesn't really have an effect on the price movement of the bitcoin. As you can see, the price of bitcoin is continuously moving upward meaning it doesn't really have an effect at all to its price. Maybe this circumstances does not have a relationship to the markets price movement at all
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It will give us a hard time to predict the next price of the Ethereum since it is volatile meaning it is continuously changing day by day. There are some person who will manage to predict the nearest price of Ethereum but it will never be exact. I am pretty sure that the value of Ethereum will be high this upcoming 2021 because it will be affected by the halving.
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We are all hoping that this update would really help the Ethereum to boost its price. Plus the fact that there is an halving. Ethereum price will for surely gonna be affected also by this even that will lead its price to pump up even more and achieve its biggest price or value this your or maybe from the start of 2021.
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I do not think that we can do an legal action to them. But the only thing that we should do is to try to report them and warn those people that this developers must not be trusted because of scam that happened. Remember those developers who is behind this kind of project because they are the one that must be punished.
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I do not think so. Well for me, the they cannot replace banks because from time to time, we will be needing a physical money for our daily lives. Not all the time we do have internet for us to be able to access our wallet or digital currencies online. Maybe this two would probably work on the future. But no one has going to replace the other one.
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Market price is not really stable because the consumers is the one who dictates the price of the specific coin. Do not expect that the price of it will be stable because the demand of the consumer is different from each other. It is all about supply and demand where in if the supply is higher than the demand its price will for surely gonna go down.
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