The price depends on supply and demand like everything.
As can be seen as so far the price of bitcoin has been strongly correlated on the nr of accounts that hold bitcoin.

The question is what will bitcoin ultimately be used for. Payments / Loans / Equity / Derivatives?
If its just payments it will be a part of a 90 trillion dollar supply
If it includes everything it will be a part of a several quadrillion dollar global market

There are many alternatives to bitcoin today but bitcoin is still the most widespread and distributed currency.
If it will remain this case looking at history we can expect 90% of the other coins to disappear.

Expect it to fly high if it stays the big gun.

https://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18

Bitcoin now can be access by a gadget mostly mobile phones with internet. Beggars will be gone when we are already on a paperless society. When that time comes, beggars would be begging for food and not begging for money anymore.

It's correct comparison I think. Since both have huge supporters and investors, we can compare this both.But of this bitcoin is all best one to inverse in money for short term profit. For long term profit and future ,you can try of Ethereum. Now the price of Ethereum reached 1000$+,soon it will reach 3000$ in the January end.

Us, for now, I like the most is the chance of everybody to earn money that helps to sustain financially for living or even to save more money that can be used in future. The fastest way to pay bills that accept bitcoin that can save time with no hassle at all. To learn how to invest do some trading if you already have the proper knowledge of it.

AFAIK, bitcoin is still thriving today, so I don't know why would bitcoin end. It has crashed, but it doesn't mean it going do die. LOL. We have seen this from the past and bitcoin recovered as well.


And please stay away with that kind of articles. You can't compare bitcoin with the tulip mania. Bitcoin supply is limited, while tulips supply is not. That's why the tulip business suddenly die because everyone during that time simply plants tulip in their garden and as a result, the market has heavily saturated. As compare to bitcoin that that limited supply of 21M only, and the demand is getting bigger while the supply can't cope up, making the price goes higher overtime.

There is no hard and fast rule that this is the right time to go for investing into bitcoin. the only thing which you need to take care of before investing into bitcoin is that you need to invest your money into bitcoin at the time when the market value of bitcoin starts falling down and other than this, you need to learn something good before investing in bitcoin as knowledge plays a key role in making smart decisions.

I think it is not easy task, besides, I think minors shall not be actively involved in crypto, as much of them have no their own income, and they also have no enough general knowledge and experience to make correct decisions and to risk.

I don't think cryptocurrencies are about to overtake fiat currencies. But that even isn't their purpose.
They are too unstable with too much different limitations and the financial system based on them would be too chaotic. But still they have and will have in the future very importnt rule and with time more and more people will accept them.

Based on my experience bitcoin have many advantages because aside from earning extra income you can also secure your future financial state by investing some of your earnings and wait to increase the value of bitcoin then cash out.

Paper currency will still exist and will not disappear, and its use is also easier than crypto money in transactions. Crypto money is more suitable for investment than for transactions.

Off courtse bitcoins are getting a international currency becuase lots of people dont know waht to do with the bitcoin and just want to store them i think there are world wide .There are certain national currencies held all over the world in reserve by central banks in order to facilitate global trade, this is the modern economy that no nation exists by itself or tries to operate a colony type empire

It will happen as still bitcoin progress is in beginning and people are still learning about bitcoin and when their learning will get completed and whole economists will give green signal to the bitcoin then regions will declare bitcoin as national currency and believe bitcoin will give a lot of success and profit to the region and there will be economic stability in that region and bitcoin is alternative name of progress so it will be helpful.

I like that. We should stay positive about bitcoin and the future of the world economy. There are maximum chances that with the increase in popularity, bitcoin will become soon a global currency without any hurdles from governments or other entities. Moreover the increase in number of crypto currencies will also make legalization of bitcoin around the global Easier. I am very positive about the bright future of bitcoin.

I think it is an asset because it needs to be used like a currency to be a currency. For example it needs to be used for goods and services in our everyday lives and I hope in the near future when more businesses adopt this medium of exchange then we can call it a currency.

I will prefer bitcoin on gold because bitcoin is much more better then gold I try gold so many time but I never get profit from it then I stop buying gold and I will suggest to every one never invest in gold bitcoin is totally different than any other crypto and even from gold you can invest in bitcoin and it will give you a profit and you will never lose because bitcoin is a very good hope and it’s also very stable with high price in market.

I invest some of my money in Bitcoin. But the price cuts Bitcoin worries me and makes me nervous. It's good that I have invested only a portion of the money in Bitcoin.

I think 2018 will be Ethereum`s and Ripple`s year. Ethereum is one of Bitcoin's earliest competitors in terms of capitalization, for the second half of 2017, the currency showed a colossal rise in price. In the future it can completely replace the current electronic instrument of the financial market, thereby becoming a full-fledged alternative to bitcoin.  Ripple is one of the few digital cash flows that has concluded contracts with large banks, which is why the currency has a good future. The system allows you to make money transfers between banks on the network in real time. The currency has already been invested about 250 million US dollars in.

I guess the answer in this topic is "NO"!. Actually it can lead it to more corruption. Why? A corrupt government official can hire someone to sell his/her stolen money and buy Bitcoin locally. How can you spot it anymore? How I wish all government corrupt people will change their lives.

Of course, if you take into account the price on Bitcoin, then for the time being, Bitcoin really is the largest crypto currency in the world. But I did not compare the currency with the real currency. They occupy different positions in the financial world and therefore their value is incompatible.

They are more profitable to provide resources to their customers
Many people who want to invest in bitcoin are credible, easy and certainly committed because the stock market is stupid and investors who think that they will be rich, investing only $ 1,000 in 2000 Bitcoin and your choice is Bitcoin and billion times richer and your average share in the stock market is the same From time to time