Selling Altcoins now, when they cost almost nothing, it's stupid. The cryptocurrency market will still recover and rise. Here you need to have great patience. Only those who are not in a hurry to sell their cryptocurrency will win in the end. However, everyone can do what he thinks is most beneficial.

The risk of investing and even holding Bitcoin becomes higher as its price rises. We have already seen this in the example of 2017-2018. At the same time, it should be said that predictions about too high Bitcoin prices are becoming unrealistic. Bitcoin holders will no longer watch the next time bitcoin will rise to $ 20,000. If this happens, then this time the majority will already sell it to lock in their profits. At the same time, the price of Bitcoin, according to the law of the market, will inevitably fall. Therefore, Bitcoin is unlikely to ever reach a price of more than $ 50,000.

Sometimes it is interesting to see the old topics who and how predicted at the price of cryptocurrency and how well these predictions justified themselves. Yes, we have to admit that these both forecasts - that Bitcoin will rise in price to $ 20,000 and that it is necessary to sell our cryptocurrency, because there will be a sharp drop in price, turned out to be true. And the majority did not agree that bitcoin could soon fall in price. I hope they are smarter now. We all learn from our mistakes. This is a good lesson and a clear example of the fact that Bitcoin is unlikely to ever be able to rise by more than 50,000 dollars.

Banks would continue to exist even if they refused to accept blockchain technology and use cryptocurrency. Banks, and first of all state banks, are part of the state and carry out various specific functions in servicing the state and its economy. Therefore, the state will always protect the existence of banks with all available means.
However, the banks themselves will use and already apply the blockchain technology, and above all this can be seen in the example of the ripple coin, and will also, at a minimum, provide fiat cryptocurrency exchange services.

Of course, the legalization of cryptocurrency by the states will take place without giving up their national money. No state will ever give up their national money. This would indeed be a great folly and would have unpredictable consequences for the economy of this country.
However, the rules for regulating cryptocurrency in each state will be their own. Here, no one has the right to specify how to do this or that state. Regulation of financial relations in its territory is an indispensable personal right of any state.

There is no need to confuse the concept of ownership of the invention of bitcoin and ownership of a certain number of bitcoins.
Nobody has a patent for the invention of Bitcoin, so we can assume that no one has a legal owner for this invention.
Ownership of a specific number of bitcoins can be in any natural or legal person. If the states legalize cryptocurrency, everyone can prove in court the legality of obtaining bitcoins, and therefore the right of ownership to them, which includes three rights - ownership, use and disposal.

Ethereum can outrun Bitcoin and become the leader of cryptocurrency not by increasing its price and capitalization level, but due to the fact that Bitcoin will decrease in its popularity and price. Will this happen soon? Unlikely, but not impossible. Now bitcoin is very low in popularity and it is not yet known how this can be completed.

No, I do not think so. For banks and large financial institutions, cryptocurrency is too risky. However, if this happens, then I do not think that we should be afraid of this. If they own a cryptocurrency, then they will take measures to develop it. To strive to have an cryptocurrency of one kind is meaningless, because in that case it will lose all value. And the manipulation of the cryptocurrency market will be anyway. If you know the basic rules of the game in cryptocurrency, then such a manipulation will not be terrible for us.

In my opinion, the use of Bitcoin and other cryptocurrency by banks will mainly consist in services for exchanging cryptocurrency for fiat and vice versa. And then, this will happen only when the states legalize cryptocurrency and banks receive detailed instructions on the use of cryptocurrency.
I see no reason why banks open a cryptocurrency account. It will be very risky to give out loans in banks for cryptocurrency. In any case, I think that state banks will not do this. Commercial banks may risk, but this service is unlikely to be widespread.

I think that the existence of fiat worry not worth it. He will never disappear. In any case, as long as states exist, their cash money will exist. They can only get a better form, but the essence will remain the same. In order for the ordinary national money of states to disappear, an official decision of these states is needed. And they will never give up the use of their national money in favor of decentralized cryptocurrency. Cryptocurrency, in contrast to the national money, has nothing to do with the economy of any state.

In general, I agree with your statement. Bitcoin, most likely, will never rise in price to one hundred thousand dollars. This is just unreal. We see what happened to the market when Bitcoin rose only to $ 20,000. The cryptocurrency market is in decline for a whole year. And the holders of cryptocurrency will get smarter. They will no longer believe in the constant growth of Bitcoin in the price and as soon as it starts to rise sharply in price, they will drop some of their Bitcoins. Thus, his course will go down. The cryptocurrency market will become more mature and will not allow such high price spikes.

The high price volatility of cryptocurrency is a significant obstacle to the legalization of cryptocurrency by states. Perhaps with this in mind, Bitcoin is also not widely used as a means of payment in business structures. Many commercial enterprises that initially switched to settlements in the cryptocurrency, then began to abandon it, including because of the high price volatility of the decentralized cryptocurrency. Perhaps, in this connection, Bitcoin will be mainly used among individuals, as well as for making very large transactions involving legal entities.

With ethereum, nothing bad has happened and will not happen. This is still one of the most promising coins among all cryptocurrencies. Its price falls against the background of a general fall in the cryptocurrency market, obeying the price dominance of Bitcoin. Over the past week, Bitcoin showed good growth results, from about $ 3,500 to today's $ 4,050. In this regard, ethereum has risen from $ 95 to 128 today.
We expect that next month the planned improvements will be implemented in this coin and then it should increase significantly in price.

In whatever official status the cryptocurrency does not remain, the states will still, if they wish, establish a tax on the use of cryptocurrency and the receipt of profit from it. We know that cryptocurrency is recognized in Japan as a means of payment. However, the government there has set a fairly high level of tax and is now going to soften it.

Over time, governments will certainly create their own centralized cryptocurrency. Recently there was news that the central banks of 15 states, including China, Canada, Sweden, decided to release their own cryptocurrency. If we are confident in the advantages of decentralized cryptocurrency, then we have nothing to fear. Let them create, experiment. I see nothing wrong with that. Centralized coins will only attract people's attention to cryptocurrency in general and increase its confidence in it. Indeed, in this case, the state itself will create and use a cryptocurrency.

Purely legally, the words "private currency" does not apply to Bitcoin and other decentralized cryptocurrency. Bitcoin does not belong to any individual. However, bypassing Bitcoin, I think, may eventually be called a private currency because, as it seems to me, it will be used primarily by individuals. It is unlikely that the states, their bodies and business structures will widely use bitcoin in their activities due to its high price volatility.

If someone does not need central banks, he may not use their services. However, central banks will exist, as each state needs them. Central banks perform their specific functions. These are the development of a common monetary policy, an explanation to the country's banks of the procedure for regulating emerging issues of a general financial nature, maintaining the course of national money, financial support for the implementation of the country's budget, and many others. Therefore, whether we like it or not, central banks will exist as long as states exist.

Even the fact that these 15 states want to create their own centralized cryptocurrencies, that is, in fact, their national money in the digital shell, is vseravno good news. At the same time, people will be interested in decentralized cryptocurrency, because they will see that their states are also switching to its use.
In this list, I was especially surprised by China. There is still a very specific approach to cryptocurrency.

Hacking our wallets, as well as on the stock exchange is indeed one of the biggest obstacles to the development of cryptocurrency. For various scammers, this is a good way to get rich at someone else's expense. The amount of fraud over time will only increase, since it is a good way for scammers to get more money.
However, this proves that the cryptocurrency is not as safe as many believe. These are our realities and this should be taken into account.

Now, indeed, many bounty hunters are faced with the problem of extending the duration of an ICO. In most cases, this indicates that the ICO team cannot even collect the minimum amount of money for its project and thus tries to get out of this situation. This does not directly indicate that these ICO projects are fraudulent. The extension of the ICO has become widespread this year, during a period of stagnation of the market and a fall in investor activity.