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I think you have too high expectations. I am pessimistic ripple will be able to reach the price of $ 3 this year. because currently the price of the ripple is only 0.21 so the ripple needs 14x increase if you want to reach the price of $ 3. And if we look at the ripple chart only increases 1% - 3% when bitcoin goes up. so I think this year the ripple won't reach $ 3.
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Individuals are still practicing old traditional ways of transactions to accomplish the money stream. However, Cryptocurrency Era has arrived and people aren’t aware of it. If we see this era with future perspective, different industries and businesses will switch towards cryptocurrencies to pay for their services. With this, the middleman will be completely removed from many progressions. This progress will cut down costs and will offer cheaper services for the end user.
Cryptocurrencies will influence the future, as the protocols are getting tighter. Countries like the United States, United Kingdom and Australia have accepted cryptocurrencies. Many countries will be accepting cryptocurrencies in the near future. IoT is already here.
Crypto world will emerge into the ultimate trading option as more cryptocurrencies will be introduced. The trading will take place between all these different currencies once the prices of crypto increase. One of the most demanded features is the fast transactions, which will take place with the advancement of technology, with this downloading and transfer will happen within seconds. Games, books, videos and music will be combined in a blockchain and sent through crypto wallets, with the high speed feature. The most influential crypto coins are here to stay but it won’t halt the birth of other crypto coins, it will increase with time.
Cryptocurrency schemes are on a growing phase. On predicting cryptocurrencies future, features like the grand crypto bull market will continue. As with fast-track, every day it effect extensive implementations.
As soon as they are broadly approved, will become the next version of the technology in all regions. Crypto will easily be converted into currencies and vice versa. Cryptocurrency Development Services have emerged in recent times for the betterment of investors who would like to create a foundation.
According to some sources, cryptocurrencies will fall down while experiencing fluctuations, which is making the traders and the holders worry. But as per the market experts, this is just a matter of time.
Bitcoin is still very much used and adopted all around the world to this day. It has been accepted by organizations and payment gateways all across the world. So what about Altcoins? Are they worthy to buy in future? To predict the future is very hard. In the cryptocurrency world, prices are very volatile. Dealing with the issues of transparency and scalability problem, might effect cryptocurrencies in the future.
I agree with you maybe in the future people will start using cryptocurrency as a means of payment as you say. and I think altcoin will also remain and survive in the crypto market. but now some countries have supported and adopted the blockchain and plan to make their own crypto. so I think in the future the payment instrument will be crypto from the government. so bitcoin and altcoin will still be a commodity of trade and investment. |
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I think even though there is no Iran conflict and America the price of bitcoin will still go up. because it's been a few months at the level of $ 7k and I think now is the time for bitcoin to start increasing. and also bitcoin will be reduced by half in May before half the price of bitcoin will tend to go up. so I think yesterday's rise in bitcoin was more influenced by the market than the iran-american conflict.
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I think that is a good plan. because bitcoin is the main cryptocurrency and has always been the benchmark for altcoin. and investing in bitcoin also has a lower risk than altcoin. but in my opinion it would be better if you also have altcoin. of course the top altcoins like binance, ethereum and litecoin. because sometimes altcoin can also provide greater benefits than bitcoin. because the percentage increase in altcoin is greater than bitcoin.
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The conflict between Iran and America yesterday did have a slight impact on the increase in the price of bitcoin. because maybe some investors will secure their assets to gold and bitcoin. but I never expected the price of bitcoin to go up because of the war. war will never give an advantage. war will only bring destruction and loss.
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since I first heard this news, I didn't believe it. there's no way bitcoin suddenly jumped so high and that only happens in Iran. although Iran is in conflict with the United States it will not immediately make the price of bitcoin rise. people just like to exaggerate the news. therefore we must not be easily influenced by the news we must confirm the fact or not the news.
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yes I also think the increase in the price of bitcoin yesterday was influenced by the conflict of Iran and America. because geopolitical conflicts will affect stock prices. and so investors will move their assets to gold that is more stable, safer and has a lower risk. and also partly secures its assets to bitcoin even though bitcoin has high price fluctuations but bitcoin can still be used to store value.
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I think this year is quite risky if we invest in the stock market because at the beginning of this year America has been at war with Iran and this has made most of the shares fall. and before that America was also in conflict with China and made the world recession. by looking at this situation I think investing in stocks is not the right choice. I prefer bitcoin I think is safer and not easily influenced by world politics and economy.
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if we look at bitcoin price movements in the past then bitcoin will reach a bull run after a year reduced by half. if bitcoin is reduced by half in May 2020 it is possible that bitcoin will reach the moon in the middle or the end of 2021. and also usually bitcoin will increase before it is reduced by half but until now the value of bitcoin is still stable at $ 7k - $ 8k. so in my opinion bitcoin will reach a price of $ 14,000 in the third quarter of this year.
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in my opinion the Chinese new year will not affect the price of bitcoin. bitcoin prices can go up and down suddenly without a reason. and i see op chart there is no increase or decrease during chinese new year. if later in the Chinese New Year bitcoin increases I think it's just a coincidence. or this is a whale manipulation that utilizes the moments of the Chinese New Year.
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bitcoin which already has a high price and a large community can still be manipulated by the popes. especially altcoin whose price is not as expensive as bitcoin. of course there is a possibility that the trading volume can be manipulated. and decentralized and anonymous cryptocurrency is very easy to manipulate. but as long as we can make good use of price fluctuations we can make a profit.
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as far as I know in my country there are no universities that provide blockchain majors. but I'm sure if more and more are adopting blockchain technology then universities will open a blockchain majoring. because if blockchain technology is growing we will need people who are experts in the field of blockchin. so I think it really needs a university to establish a blockchain major.
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in my opinion we will just laugh out loud and be happy in 2021. because I think bitcoin will not go to the moon in 2020, bitcoin will reach a new ATH in 2021. after reducing by half bitcoin will take at least a year to pump high. as happened in 2016 bitcoin was reduced by half and reached the month in 2017. but I am always sure I can reply to ridicule people who do not believe with bitcoin. I am sure in the future bitcoin will make us successful.
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It does take a while before the price could actually take off, everyone considers halving as something that will increase the price of bitcoin but between July 2016 when the last halving happened to April of 2017 (10 months) nothing changed, price moved from 700's to 900's or so, that was the all increase there could be.
After that there was a bitcoin cash deal where if you hold bitcoin you would get free bitcoin cash as well which increased the price of bitcoin a lot and people assumed it might be due to halving maybe, after that there was the 2017 December peak of 20k. So, it took over a year to increase and over 1.5 years to increase to all time high. That is why I think 2021 will be more fun than 2020 if the similar stuff happens again.
I agree with you, maybe in 2020 bitcoin will not experience an upward trend even though bitcoin has been reduced by half. as you said bitcoin will take more than a year to get a bull run. but this is just a prediction nobody knows for sure the price of bitcoin in the future. we can only wait. this year bitcoin can experience a downward trend or an increase all depending on demand and supply. |
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in fact I am quite doubtful that the rise in bitcoin yesterday was the impact of the conflict between Iran and America. But today when President Trump declared that he would not use military force to handle Iran's conflict, the price of bitcoin suddenly dropped again to $ 7k. so I think the Iranian and American wars have a little effect on the price of bitcoin.
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yes op it is the basic principle we must do when investing in cryptocurrency. always research and invest as much as we can afford to lose. and investing in a few coins is also a good choice because by having a few coins we don't only rely on one coin. and the important thing is that the coins you choose are potential coins and not too many. I have 4 types of coins. holding too many different coins is also not good.
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I think it's very difficult to predict the price of bitcoin. 4 days ago bitcoin continues to increase and has reached the price of $ 8k. but today bitcon is down again and is at $ 7k. and in my opinion bitcoin will not experience an increase before decreasing by half as in 2016. Because if I see bitcoin is still in a downtrend. maybe bitcoin will increase after decreasing by half in May.
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I'm not sure that's the cause of the rise in bitcoin prices, if examined further there are many reasons for the rising price of bitcoin, but don't know the exact reason, halving bitcoin can also be a reason for price increases, even without the current news, technical analysis also shows the beginning of a positive trend.
yes i also agree with you i think the price of bitcoin is not rising due to the conflict between iran and america. I think the increase that's happening right now is a normal increase and maybe this is also because bitcoin will be reduced by half in May. and bitcoin has declined since november 2019 now is the time for bitcoin to increase. |
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Who doesn't want shitcoins to disappear from crypto space? We all hope for this but since crypto world is a free world without laws or rules we investors are the ones to look out for each other, time is the only thing that can kill shit projects
I agree with you that most of us want coins that have no trading volume, do not have any real use and coins that do not develop are immediately deleted from the list and disappear from the crypto space. but because crypto is decentralized and free so no one can delete or turn off coins. the coin will die by itself if there is no trading volume. therefore we must always conduct research in earnest before investing cryptocurrency. |
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I think the increase in bitcoin right now is not due to Iran and America conflicts. in my opinion the current increase in bitcoin is the usual increase that occurred before bitcoin was reduced by half. if we look at the bitcoin graph in 2016 before bitcoin was reduced by half it also increased. so I think this is an increase that usually occurs in bitcoin fluctuations.
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