if you look at ETH as BTC 2.0 regarding tech and problems it solves, there is no reason for ETH not to follow BTC in price movement. In my opinion it will rise up to 900-1000 usd in the 2018.
I too believe in such a growth, bitcoin being the primary asset and ethereum following the growth of bitcoin on a different platform has made it to be the best among the altcoins. Today the price seems to be close to $400, and the same might continue to grow taking further reach bigger price margins of $1000 and above as quoted.
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I've the plans of investing into offline business, but the same won't gain a good earning as its hard to find digital currency users around my locality. Maybe the foundation laid at present will benefit in the long run, as more and more people will come to know about bitcoin as well other digital currencies in the coming years.
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I think the unique real risk of holding Bitcoin is that price drop down and become with low price. This risk is nowadays minimized because Bitcoin keep growing up daily and its value go up as well day after day. So holding Bitcoin actually works and its profitable for the long run. There is also a small risk that you lose access to your wallet or to your private keys.
The price drop has been mentioned to be the major risk, but it is not. The uncertainty is the real fact, because tomorrow something named bitcoin can go out of usage we cannot go anywhere to make a complaint. Next one is the security which is getting updated, but hackers too learn more tricks to evade and make fool of the users.
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There is nothing to be specific with the picking of altcoins. Lots and lots of altcoins were available in the market. One needs to be lucky enough to buy and keep hold of the altcoin that has got the potential to grow. Apart from this ico's have a major role in making us rich compared to several other digital currencies.
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China is a very big economy, but bitcoin can survive without China
It's great that you can find out so much about what is happening in other parts of the world. As you can see, Bitcoin is constantly evolving and news about it is already in the world. The bitcoin popularity keeps on counting through different forms. Recently through the ransomware attack bitcoin got attention from a large scale of people around the world. China being a major player in the entire digital currency network has a big role during the early days of growth. Upon this thinking surely based on the stand taken by China bitcoin will be affected to some extent but the same won't make a big impact.
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Strategies for gambling events need to be developed from the experience, should not go with strategies developed by someone else. Here too coincidence happens leading to winning and the same doesn't mean that the strategy was found successful leading to a bigger winning.
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In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
It may happen in the future. You know that many governments work on how they use bitcoin for their benefits. 100 years are very long term. I think in the next 50 years some of countries will start creating their own cryptocurrencies. Paper money will be lose its value. I'm not sure how this is going to happen in the reality, because at present few countries that have created their own cryptocurrency have the paper money in use. So cryptocurrency will be generated by the governments for the ease of usage without destroying paper money.
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What we can do is just make speculations based on the market and predict the price to some extent. Here too correlation takes place and very rarely gets coincidence. The entire functionality and growth is uncertain, it's our goodness to expect growth and work for it, rest happens from the decentralized network.
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It all depends on the market. You keep getting pumps and dumps, all altcoins are affected. Just the other day Ripple spiked and had a 17% gain, but it's also expected it goes to $1 by 2018. We wont know unless it happens!
Yes, none knows the reality. Just based upon the speculations as well trust associated with the increasing investor base people have the predictions about the value of bitcoin. Most of the time till the price goes high people think of the growth and later used to feel bad of missing the opportunity. As in the statement the price spike happens often and very few trust and invest.
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Such a scenario never prevails, because what we have reached in the short term of less than ten years time is a big growth. Another thing is that, bitcoin and altcoins have been related in one way or the other. So, certainly there will be some sort of impact felt upon altcoins based on the bitcoin's growth. Similar situation is taking place at present.
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Op has requested to know whether a fork or segwit is supposed to take place by the end of the ongoing month. Its good to buy bitcoin unlike the price as well without giving consideration to the special events like fork or segwit, because in the past such incidents have taken place and growth continues.
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If i choose Between bitcoin and dogecoin I definitely choose bitcoin, it's the most profitable I think.
Not only in terms of profiting, but the way it has got its usage is big compared to dogecoin. Bitcoin has got multiple usage, whereas dogecoin is accepted in very few gambling websites. Bitcoin was the first of digital currency and later soon after that dogecoin came into existence, but it was unable to reach the growth as expected.
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Each has got different perspective upon gambling as well on trading. When it comes to gambling the strategies will be effective to some extent, whether it is dice or some other game and over which luck decides the end result. When it comes to trading, user gets the chance to make earning understanding the market. Based in this fact, I think trading is better than gambling.
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If the price can reach 10000$ in this year then definitely there will be a correction, the reasonable price for me is around 7000$ or 8000$, but seems like this closing year can bring my expectations, of course en this situation I will find an opportunity to buy and sell and buy it again
The price will surely reach $10000 or even higher than the quoted value before the year end. Everything is completely upon the market acceptance, price correction after each phase of growth is assured. Same will be taking place this time too. The growth happening will take the price stay above $10000 from the beginning of the year 2018.
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Gambling is not something that can be mathematically calculated. gambling games are heavily influenced by luck and this becomes a hallmark of the gambling game. when we want a victory in the game gambling then it can not be ascertained, any clever person and as good as any analysis done then the results of the gambling game can not be predicted. fully gambling is a luck that is impossible to predict.
Yes, gambling is completely upon luck. To some extent one can predict the outcome through the past history of the teams involved into the particular event. Math too can help in the predictions of the dice and few slot games that are dependent on the calculation.
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If you are intrested in future techonlogies I will recommed invest in to NEO, IOTA because they have 0 fee transaction, fast confirmations and have clients for desktop PC's including different type e-wallet
That's a true fact. In reality I have the thinking that the altcoins were into development upon various platforms such as ethereum smart contract, waves and so on. It is good to make a diversified investment n such a manner selecting few assets from those list of assets on specific platform.
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The transaction fee issue arises often and gradually fades of as the transaction that were unconfirmed for a long time period gets confirmed. I won't do much of transactions and most of the time while making a transaction used to provide the fees suggested by the wallet and the same has helped with faster transactions. I have the thinking that we should have the mind to accept little increase in fee, because the price last year same time and present is much different and we expect for a fee that was provided during the last year same time when price was around $750.
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You can sell most of tokens which you got from bounty companies if you need money right now. But its really pretty idea to hold small part of tokens and wait when they grow.
Every tokens won't get listed to the exchanges in a short. Even after the distribution it takes time for the tokens to get listed into the exchanges. In the meantime some tokens pumps high and some does not, need to keep track of the tokens price variation happening with time to get the best earning.
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Before 2010, if you analyze about bitcoin. It was provided as an giveaway for several purposes starting from marketing to other forms of rewards. Not many people bought it, and later now the change has taken place. Further it got into gambling and other dark web necessity. So, by now even if none buys bitcoin, the value will be found the same.
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DGB seems low in value. For people who have been with plans of investing could go with this. The days of DGB going to moon has passed. Now it's the time to make use of it on trading as it shows small signs of growth in between. I don't think long term holding is profitable.
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