I do not know where you found that information,but BTC has never reached the price of 8000$ and then drop to 1000$.The highest price was achieved a few days when BTC crossed mark of 6000$.

Price correction is something quite normal in the world of cryptocurrency and happens constantly,in that way the market works.Is it possible that some big crash happens in future?It should always be taken into consideration that invest in BTC is very risky,but it can also be very profitable.If you have some money on the side and you can afford a long-term investment BTC is definitely worth the invest.

It would be really wonderful that something like this happens because there would be a lot of people who will become rich if they have 1 BTC or even less depending in which part of world they live.Considering nature of BTC I would never say that even this prediction is impossible by 2020,but I would be more moderate in such prediction.Can price of BTC go up around 80k $ per year to achieve such a prognosis?It is very difficult in the opinion of many users surely.If demand stay high and we see positive movements in next years,maybe after seven years and two more halving we can expect something close to this price.

I'm thinking of buying hardware wallet and the choice is naturally between Trezor and Ledger Nano S.How much I can see the difference is in design and price.As far as designs are concerned, both of them are quite okay for me and the only thing that makes me the difference is price which is on the side of Ledger.I see there is option for promo code in Ledger page for a discount,was there anything like that lately?

Just to add something important in case you want to import your address/private keys in Electrum.If some of address you import in Electrum have large number of inputs then you will face the problem when you try to spend that coins,Electrum just freeze in that case.Even import private keys is free, you may encounter this problem and also that address is not secured with seed.In general it is better to use sweep option,you need to pay transaction fee but you can send coins from all addresses at once to new generated address wich will be secured with seed.

I can agree with everyone who say that question by OP have no sense and that something like that would never worked.Using only one address is completely the opposite what represents BTC and it would be like we have account in normal bank.Only way government can track BTC users to collect tax is to force all exchanges that collect users data and give them that data back once a year.So if you are verified user who buy/sell BTC on exchange you will pay tax.Question is do we pay tax just to own BTC or in case we sell it for fiat?

It is possible that this is the beginning of interests for BTC in Zimbabwe,I am not surprised that you not see any store/service accepting BTC because in much more developed countries it is not easy to find someone to accept BTC.Africa is on this point far behind all other countries,only one BTC ATM all over the continent if the data is correct on this page : https://coinatmradar.com/countries/


American Dollar does not solve their problem since it is not their currency(they can not print US dollar) and they import 10 million $ every week,the question is how long it will work.For ordinary people that certainly does not work and they are turning to BTC.

I'm not sure this story is true or it's just a promotion for a particular company(as one comment on YT say)but trading is something which can be very profitable if a person invest time,knowledge and money and if you really decide that you want to succeed in that.It is true that this is not for everyone and that few people succeed to be successful in it.It is important to not invest more than you are willing to lose and you should start with small stakes.

When you bought BTC where you sent them,in which wallet you keep them now?If you have access to this wallet it should not be a problem to send that coins at any address/wallet you want.Give us a little more information but, without any link(I see you post something what is removed)so we can help you and solve any problem you have.

I think we live in a world where everyone has the right to their own opinion,and if someone does not like BTC and prefers altcoins I can understand that.
There is always some nice and interesting altcoins on market which provide the opportunity for earnings.But the only thing that bothers OP is just that he is not early investor and thinking that by promoting BTC just fill their pockets.

I think things should be looked from another angle also.Some people invest 5,6,7 year ago and they are early investors-but if we invest today in next 5-10 years we will be in some way early investors for them just because we invest at 4000$ or 6000$ and BTC could worth xx time more then today.

In the world of cryptocurrency and BTC everything is possible,who could predicted at the beginning of this year or just exactly one year ago that today price of one BTC would be over 6000$.Some dreamed about that,but it seemed pretty unrealistic at that time.Even today we see many speculation and prediction for next 6 months or year period,20k by the end of next year-why not?

Can BTC drop to 2000$ this year or in future?Chances for that always exists,because the market can move in both directions up or down.What should happen to such a scenario become reality it is a difficult question,but would have to be something really bad.On the other hand it would be a great opportunity for some to buy cheap BTC.

I have to admit I'm surprised that that we've hit 6000$ and that price is stay above this level from yesterday.I think it just shows how much interest is in this moment for BTC, probably caused with upcoming hard-forks and potential profits that come with it.Lately we have many historical moments,less than a year ago we welcomed BTC at 1000$ and now we have this price.I think that next great moment will be at 10000$,I believe that it is not a question of whether this will happen, but when it will happen.

Bitcoin Price Nears $10,000 in Zimbabwe Due to a Lack of Cash in the Country

According to TheNational.ae, bitcoin adoption in Zimbabwe is seemingly skyrocketing as the country’s economic situation looks bleak. So much so, that one bitcoin is trading at nearly $10,000 on the Golix.io exchange, while the global average is, at press time, of $5,642.00.

According to a local trader, bitcoin isn’t just being bought by individuals, but by businesses with bills to pay. The country adopted the U.S. dollar back in 2009 as its fiat currency, as the Zimbabwean dollar had lost nearly all its value.

https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/

This is a very interesting story considering recent history of Zimbabwe,especially from a financial point of view.Because of the wrong decision made in 2000 country agriculture collapsed and banks stay without money which lead to print of Zimbabwe dollar and that is caused hyperinflation.After that they decide to replace their currency with US $ but it work just for some time.The question is, can BTC become solution for them long-term?

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I expect that BTC price can easily be doubled in 2018 based on this year price increase from 1000$ at the beginning of this year to these day where we have 5000-5800$ despite one hard fork who has passed,and more hard forks to come.Some may say this price increase have something with new created bitcoin cash or new bitcoin gold,maybe there is a little truth because people buy more BTC to profit with new coins.But the reasons are much more than that,BTC is become more interesting to big players and there is much more interest from governments to regulate cryptocurrency and this is help to wider adaptation.

As we can see price is easy moving up/down 1000$ in just a few days so to hit 10000$ is not so hard task.Things will be much clearer after hard fork and
and if all goes well rise of BTC to 10k can start.

If you want to use online wallet try https://blockchain.info/wallet/#/ just because it is one of the oldest and most trusted online wallet.It support Bitcoin and and from recently Ethereum.I use this wallet just for short time and I still have account there, have no complaints and everything is working right.

What it is important that you use unique password when creating your account and to take all the security measures available,online wallets are most vulnerable to hacking.Therefore, if you want to keep your coins safe it is better to use desktop or hardware wallet.

The thing is quite clear,if you want to claim BTG after fork you need to move your BTC to wallet where you can control your private keys,and then at any moment you can claim BTG and keep safe your BTC.I think that easiest way is to download Electrum desktop wallet and just send your BTC there.

I doubt that price of BTG can reach big price,just look how is BCH doing now-for me it is the same thing,just another altcoin on market.But it is free money and why not take it.To move BTC to wallet where you can control private keys and pay few $ for fee it is certainly profitable.

If every country adopted such regulations I think it would be very good for BTC and for any other cyptocoin.State and government just want to have some kind of control and of course make a profit on taxes.The most important thing for every government is to regulate currency exchanges,but most users are accustomed to a great deal of privacy on this matter.Things are changing slowly so users will have to adapt to some new rules.I think that will have a positive impact on public opinion about BTC and cryptocurrency in general.

It is difficult to estimate number of BTC users in the world but we can safely conclude that their number increases each day.If this estimate is correct  then we are on the right track that bitcoin spread all over the world and becomes a serious player in the financial market.Also a very important factor for BTC is development of internet infrastructure and availability of the same in some pretty underdeveloped parts of the world.To use BTC you need to have computer / smartphone,electricity,internet and some knowledge.I think in those currently underdeveloped countries we have a lot of potential users.

If you want to own BTC you need to have address at which you will receive/keep it and for that you need wallet.You can choose different types of wallets but most of users go for online wallets because is very easy to create an account and start to receive/send coins.But such wallets are the most risky especially if no additional protection methods are used like 2FA, and also the users are not in possession of their private keys.

Desktop wallets are much safer,but they are also exposed to hacking just because you use them online-and without adequate protection of PC you can lose your money in a way of some keylogger install on your PC and steals your wallet password.

Hardware or paper wallets are probably the safest way for safekeeping BTC and others cryptocoins,but hardware wallet is not free-you need to buy it and paper wallet is not something most users want/know how to do.

I must admit I was surprised that India did not have any BTC ATMs in this moment,considering the size of the country and the number of inhabitants is really strange.To my knowledge there is quite an interest for BTC in India and it is only a matter of time when the first ATMs will appear.It seems that the main obstacle for any BTC ATMs is that Indian government is not regulated cryptocurrencies,but they are working on that and maybe next year first ATMs will appear in India.