Considering the widespread and the global acceptance of bitcoin and also the reliability of the bitcoin technology, it is out of the picture to say that another currency will replace bitcoin except if the globe will accept unanimously just one currency aside bitcoin
Ethereum is a very good example to cite in topics such as this. That the president of Russia invite the ethereum founder is only a confirmation that it will be adopted in less than no time and besides its other functions.
What impresses me about bitcoin is the global acceptance and also the rate at which organizations and nations are adopting it as a means of financial transaction
now I think it's too late. bitcoin can lose the leader at any time. there were too many alternative pairs on the exchanges, and most of the crypto currency can be bought directly for Fiat
Considering the fact that other coins are considered as altcoins and the virtually have their units in bitcoin I don't see bitcoin loosing the leadership position
Considering forecast by analysts and adoption of bitcoin by nations, no time is ever wrong to invest in bitcoin. Just invest when you have the resources to.
The price of bitcoin goes up and down and as such need more than the forecasted time to hit that margin if we analyze it from this angle. However miracles are evident.
I quite agree with the price of bitcoin and the pace at which it grows but I will have a little bit of challenge believing that it will hit $27,395 by February.
If the entire globe get involved in the blockchain business then I don't see bitcoin dying off but if there is a form of centralized control as it is against the motive of the technology then its a problem
i see bitcoin becoming the mobile electronic wallet just like every other person carries his or her wallet in his or her pocket. it just a matter of time, it still will be.
I think it is more like of the pricing. the unstable price of bitcoin is enough reason for any organization to have a double thought on the bitcoin option, a nation will have to have every form of review of it before considering it.
the essence of business is basically to make profit. investing in bitcoin is for the same profit oriented reasons and as such will not be achieved if bitcoin is disposed in troubled days.
it is indeed necessary for china to resume cryptocurrency trading as it also stands as one of the major pioneers of the crypto currrency pioneers in the globe and it gives the blockchain technological institution more confidence
withdrawing your bitcoin to cash is as easy as alphabets, all you need to do is signup with a local bitcoin exchange company that buys and sells bitcoins and that all.