I don't think very many cause. the most likely is due to a lot of negative news. And lately I have heard massive inflation will occur all over the world. Then I'm sure it's one of the great causes.
There are various reasons behind the down fall in the price of crypto. Cryptocurrency decentralised nature is one of the main reasons behind this. Because of this nature it is not under control of any kind of authority or person. So their is lot of irregularities seen in its production and distribution and this thing ultimately result in fall in its price. Another reason its volatile because of which many investors loss their money and take out their money from cryptocurrency and this become an reason behind this.
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Many people like to invite in bitcoin. Bitcoin price is also comparable to gold and like gold it has limited in number so according to time its price increase. Many people like to use it for short term investment purposes. Bitcoin market prices is not stable. Its fluctuate time to time. So it is not good for long term investment purposes. Many companies start investing in it so in future its price will be increase. According to some investors it is good for investment and according to some its is not a profitable thing to he investment because of its high volatile nature and consider it as a bubble.
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I think Ethereum is a very good future. Ethereum is ranked number two in cryptocurrency ranking. After bitcoin Ethereum is the cryptocurrency which use widely. Many government work with Ethereum to improve their country economy and financial growth. Many online retailers and small business use it for their business as a payment method because of its safe, secure and fast transaction facility. And many people use it for international money exchange. Many big companies start investing in it. So I think it has big bright future.
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At present all crypto prices are not stable, this is the time for investors to invest, I believe in the future the price of bitcoin will definitely return green again.
In present time cryptocurrency are not stable. Not all crypto are unstable. Some of the crypto are stable like Monero, Litecoin. But bitcoin is highly unstable in this time. So this is not perfect time for investors to invest in cryptos. And many crypto currency advisors advise that to hold you crypto in your wallet till the right time come to sell it. In this many big multinational companies start investing in many crypto so their is a chance that in future the price of cryptocurrency will be good at future
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It is independent but we value it in fiat at the moment. Everything is valued with something else. Otherwise you could not exchange it for anything.
Yes, Bitcoin is a independent currency. Bitcoin is world first decentralised digital currency which means it doesn't under control of any kind of authority or government terms and conditions. It is totally different from fiat currency. In some countries bitcoin is independent of fiat currency. In those countries bitcoin use directly for shopping, tickets booking or for various other things. But in some countries like India, Bangladesh etc bitcoin does not used widely or many people doesn't use it so in those place bitcoin first convert to the fiat currency then it use.
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Well I wouldn't say BTC "controls" the market.
BTC is the king of cryptocurrencies and it's not going anywhere soon.
Bitcoin doesn't control the market but it influence market profits. It has a huge impact on market. In those country it is accepted in those countries it use for various things like investment, trading, marketing etc. And it is volatile currency so when its price influence it affects an country share market then this thing ultimately affects the world economy. Bitcoin is also linked with many things like many shopping sites,many companies and when its price influence then the market related to it also influences. Bitcoin mainly affects investment markets and trading market.
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In the following year ETH will overwtake BTC as the number 1 cryptocurrency. I would dump your bitcoin while despite everything you can. I don't think so that Ethereum take over bitcoin. Although Ethereum has the potential to rule the economy world but according to the current situation bitcoin is better then Ethereum. In this year bitcoin price is fall but still it price is far better then Ethereum. And in this time 1 bitcoin is approx equal to 27.71ether. Because of this many people use bitcoin for investment and for other money making purposes like trading, marketing, mining, gambling etc. Bitcoin is still accept in many big multinational companies and countries in comparison to Ethereum.
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Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
The truth about bitcoin is it is a decentralised digital currency. Because of its decentralised nature it doesn't under control of any kind of authority or government. And it is a highly volatile currency, so another truth is it is a non profitable cryptocurrency because of its high volatile many time investor loss their money. And bitcoin is also use as for wrong things or for criminal things. Its untraceable money transaction facility is become an asset for illegal money transfer and for some other criminal purposes like cyber crime, kidnapping, etc. Another truth is it has potential to lead the future economy market.
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I think cryptocurrency have a very bright profitable future. Many factors sure us that cryptocurrency have a very bright future. Many people accept it for investment purposes and after seeing cryptocurrency increase market price many multimillion companies also start investing in it and also use for their various purposes and this thing ultimately affects the future of cryptocurrency. Cryptocurrency are also use for all most all the work which are done with the help of fiat currency. It also use as a asset for both national and international online money transfer purposes.
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What can be the best advice for a newbie due to the present market status on learning or investing?
Cryptoncurrency is a good source of income and in the mean time it is an risk factor too. For newbie i suggest them they should start with signature campaign job. Because it is an easy, trusted and regular source of income too. And it will be good if they choose bitcoin signature campaign job. They should also try different options like online small cryptocurrency related job or mining, trading etc. If they want to invest then i suggest them they should try bitcoin for short term investment purposes but it is risky too. And for long-term investment they should try Ethereum.
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Bitcoin's goodness is able to send Money wherever we want in just a few minutes without involving a third party or bank, the badness of Bitcoin is that it is vulnerable to hacking, because if it's loss it is beyond the responsibility of Bitcoin.
Bitcoin most important goodness is its money transaction facility. Which is better then that of any bank's money transaction facility. Bitcoin provide their users an uninterrupted and untraceable, fast secure and safe money transaction facility and also help in international transfer with out any trouble or interrupt of third party. And the bad news is its less availability and high irregularities in its production and distribution in demanded area. And this also responsible for its volatility. Another bad thing about it is its complex nature which is quite difficult to understand for a normal person.
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I like bitcoin better, but also trade ether. If bitcoin goes down hard ether usually follows him. Because everybody starts selling everything. Bitcoin still dictates trends.
Yes both the cryptocurrency are good for investment. Both have profitable investment price and both have a profitable history too. Bitcoin is different from Ethereum because of its volatility and stability. Ethereum is more stable then that of bitcoin. But it has less market price than that of bitcoin. So Bitcoin is perfect for short term investment purposes, where as Ethereum is also good for long term investment. Many big multinational companies start investing in bitcoin and these things help it increase its market price. And this thing is good for investment.
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The best cryptocurrency to invest is bitcoin because it seems it can be even only winner in the very long term. Other ones are very risky, privacy ones can be threaten by governments.
Cryptocurrency is a perfect asset for investment. The increase price of cryptocurrency and profitable past history attract many people to invest in it. Cryptocurrency are mainly use for investment are Bitcoin, Ethereum, Litecoin etc. Many people primarily choose bitcoin for investment because of its higher market price in comparison to all other cryptocurrency. Ethereum is also good for long-term investment because of its stability. Ripple and Litecoin are also good for investment.
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the government worries that if the crypto currency enters the economy of a country, the government will not be able to control it and can damage the exchange rate of the country's currency, and the transaction cannot be monitored whether it is for good activities or actions that violate the law and harm the country or someone
Cryptoncurrency are decentralised digital currency. Which means their are not under control of any kind of authority or government. And many government doesn't want anything in their country in which they have no control. Cryptocurrency mainly influence an country economy growth by directly affect their country share market. Irregularities in cryptocurrency production and distribution always negatively affects an country economy and cryptocurrency are volatile nature and this thing also affects an country economy. Cryptocurrency untraceable transaction is the main reason behind many criminal activities and for this reason many government ban it in their country. Due to cryptocurrency digital nature it does not pay any tax to the government and this thing also affects an country economy.
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Altcoins are also beneficial property which really help. Altcoins are mainly use for money transaction. Altcoins transaction are safe secure and and fast. And it is untraceable and uninterrupted too. You can send money anywhere anytime with the help of altcoins. You can also do international transaction with out any trouble through altcoins. Altcoin are also use for investment purposes because of their less volatile profitable criteria. Altcoins are also use for online shopping, marketing trading etc.
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Its depended by your investment if you have good money then better to buy BTC, because you know the ruler of Crypto market is BTC and other coins price graph also depended by BTC hence if you much money then invest in BTC
In my opinion Bitcoin is best then litecoin. Bitcoin is more popular and more beneficial than that of litecoin. Bitcoin is also accepted in many country and place in comparison to litecoin. In the case of investment Bitcoin is far better then litecoin. Because bitcoin price is too much high then that of litecoin. Bitcoin is also has profitable investment history. Bitcoin has larger block size than that of litecoin help in better transaction facility then that of bitcoin. Bitcoin is also accepted by many multimillion companies for their business and commercial uses.
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Some of us are very new to Btt and also new to Signature bounties.
Please can someone help provide links to signature bounties for NEWBIES
Thanks very much
Signature campaign are the basic or fundamental thing of any cryptocurrency. Every cryptocurrency have their own forum, in which any one can open their account and write on different cryptocurrency related topics. For newbie i suggest thy should start their cryptocurrency journey with bitcoin signature campaign job. Because is is popular and trusted. And bitcoin price is also high. Signature campaign are good for newbie because they are easy to understand and simple to use and the most important thing is it is a regular source of earrings bitcoin.
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If I'm more interested in holding (indefinite time) than day trading, which altcoin should I invest in? Are there any one more indicated for holding, in your opinion?
In my research and according to many economist review altcoins are beneficial cryptocurrency too. In some place ban but in those place altcoins work finely. Altcoins market price is also suitable for investment purposes. And some Altcoin are too much stable then that of bitcoin and this thing help many people in long term investment at cryptocurrency. Litecoin like Altcoin have better block size which help in transaction. Ripple price and popularity are also good for investment and for other purposes. And many companies start accepting altcoins, so altcoins have a great future.
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In my opinion future of cryptocurrency will be good. Although in this time cryptocurrency like bitcoin's price falling down but it is an volatile currency and ups and downs in its price is not a big deal. Many people like to use it because of its increasing market price which help them to invest. Its online transactions facility attract many people to use it. Many online retailers and shopping sites also use cryptocurrency as a medium for transaction. It is also use for many other thing. So I think cryptocurrency future is will be good
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The reason why banks will always be against cryptocurrencies is that, since btc in its nature is a decentralized cryptocurrency and that they will not get anything from it when they allow all people to accept it.
Cryptoncurrency are decentralised in nature and this the main reason because of which many government are against of cryptocurrency. Cryptocurrency give much more privacy to their user in comparison to a normal bank. Because of this many people like to use cryptocurrency and cryptocurrency also used for international money exchange medium which is more easy to use then that of bank. Because of this many people like to use it. Cryptocurrency are also tex free and also charge low transaction cost and these things attract more people to use cryptocurrency instead of bank and this thing creates negative effect in bank progress.
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