The entire market is unpredictable, and in such a manner price could reach $50k or even higher than that, but what people expect at this instance is to cross the $10k mark. Bitcoin has been struggling a lot to cross this particular barrier, over which it might gain stability at the shortest and moves forward towards $15000.
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Everything that falls under the earning segment is a business. In this regard bitcoin too is considered as a way of earning as there are more opportunities from trading to mining. Apart from this bitcoin being accepted similar to currency makes it a business opportunity to make an earning. In future more and more businesses will adopt bitcoin taking it to higher levels of growth.
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use of crypto in paying dept overseas can help in economy boost but the major thing is blockchain or ledger technology which can revolutionize existing system to improve it better way,it can play a vital role in reducing the government level corruption so citizen can view the transaction done by govt from taxpayer money.
Agreed, and bitcoin being an useful innovation for a troubled economy was put forth years back when Zimbabwe was facing hard financial crisis. During that time economic analysts suggested for the adoption of bitcoin and in reality now if Zimbabwean government has done that, it could have gained more stability in its economy.
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Even when the market is down, the price variation is happening in large scale. So, one can make use of the difference to make a profit. From my understanding whether the price is low or high, always there is opportunity to earn and it is our responsibility to make ourselves involved and get the best.
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Bitcoin will increase 20000 in end of the year
The question would be when? currently, bitcoin price was dragged down to $7k - $8k most of the cryptocurrency price was as bloodbath but not a serious one like last January normal corrections and fluctuations as always, $10k resistance was a strong one as we almost nearly going to break it then the price decreased down to $8k, hoping the price will increase on the next days. BTC price is around 7.5 k and yes it has fallen form 8.5 k which is little worry as prices suddenly started falling instead of anticipation that price will now in bull run to reach 10k mark soon. But nevertheless we can witness the momentum is with btc and investors would be buying at this point and will bring price back to 8.5k . Now it has fallen below $7500, we don't know what is gonna happen next. It has been mentioned as a price correction, when the price fell low from the value around $9600 it was termed as a correction and the same keeps on, but we haven't experienced any good increase rather than the fall.
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What's happening is completely unpredictable, because it is the time to cross $10000. But, to the expectation things were taking place in the opposite direction. This is all because of the manipulation by the large volume holders who were trying to keep the entire network under their control similar to the way of corporate functioning.
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Similar news from different companies will roll out soon, because companies have begun to realize the true potential as well the growth of blockchain. Already Samsung into mining equipments development and now LG coming up with its own blockchain support with the growth of technology step forward along with the growth of the cryptocurrency market.
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None has the perfect reason to describe for the price drop. Some term it a correction, because the price has been staggering without much increase after falling from the level above $9500. Whether it is a correction or some kind of manipulation, now a pumping is required to make the market move good.
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I can't believe this, because being a trader when he experiences loss, automatically he'll look for something alternative to make trading more profitable. Here strategies and alternate plans need to be ready to take effect. If the user begins to rely upon luck for his profiting it gets ended in loss.
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Find whether the particular token you've in the MEW is listed to the coinmarketcap. From that find the respective exchanges which has listed the particular token for the trading purpose. Further it is good to send the tokens to the respective exchange wallet from the MEW. Doing the trade will let you withdraw the amount in terms of bitcoin or ethereum.
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In India the present government always give agenda describing that there focus is upon making each and everything go digital. But, in reality they're corrupt. Because, such a governing body should always give support same as that Japan did in the country. What we see in India is just opposite to that, and the impact also found to some extent because India contributes about 10% of the total transactions taking place.
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The market hasn't gained the resistance to grow in a sustained manner. It keeps on moving with fluctuations, so it takes a little time to make its move over the track. If the fluctuation takes it to the price increase then furthermore growth will happen, else the fluctuation will continue for short-term.
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Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
It is quite possible to happen but we can't exactly predict when. As we know that crypto markets today are in high volatility, fluctuation of price happen always and there will be only two possible results either up or down. The market is highly volatile and it is completely speculative on development. So, each and every statement related to the cryptocurrency market gets impacted upon the growth. In this way we don't know when price drops and when the price pumping takes place. Everything happening around looks like a dream.
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Waves is one among the best blockchain platform, but when it comes to ethereum the support it has gained over the years is very big. Next thing is the usage, very few number of projects get developed upon the waves platform while majority of the projects get developed upon the ethereum smart contract platform adding more potential to the ethereum. In short, waves will compete with ethereum and make itself more stronger.
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It's never considered a legal global currency by most of the governments. Very few governments have given support to bitcoin to be used same as the currency that we use around the world. I never expect government to consider it legal, but I expect governments not to get into the regulating of bitcoin usage which at leads to the drastic fall of the market.
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A trader cannot be successful through cryptocurrency trading if he is uneducated. He needs basic understanding and the knowledge to predict the market, without which it is impossible to be successful in trading. Even the lucky people cannot profit without the basic education.
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When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
Cryptocurrencies will always be volatile because it is decentralized so users have the power to move prices. There are advantages and disadvantages. But this is the good thing about this. If you are lucky and willing Everybody has a chance to be financially free in a short period of time Being volatile is the attraction of bitcoin than many other investment opportunities that are available to the people. Volatility has given access to the users more chances of making an earning and the same has made the cryptocurrency more risky than the stock market or the commodity market. Possibly crypto will continue to be volatile.
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It went almost close to the $10000 mark, and slowly while gaining resistance to break the $10000 the value decline has taken place. Now this has gone so wild reaching around the $9000 mark. I expect the price to reach $10000 within the ongoing week and the $15000 tag by the starting of the second quarter.
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Majority of the altcoins which got developed on Eth smart contract platform will go high along with ethereum. We can expect this to happen very soon, because from cryptocurrency expertise view we are getting close to the days of ethereum towards $1500 mark which has been reached few months back.
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There is no limitation on your portfolio, you can add as much assets you can. As a in the above quote it is upto you, you decide upon the amount you have to make a perfect portfolio. If you go through the portfolio of different users, almost everyone has got bitcoin and ethereum within it, apart from that based on the research they hold other assets.
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