Certainly yes , social media has the biggest role in spreading information through communities ( as everyone has an easy access to these platforms) consecutively, it helps bitcoin ( and other coins ) to grow up ; ( personally , my first correspondence with digital coins was through Facebook, as well as a lot of people who are now expert in that field)
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Bitcoin is still fresh & young coin ( as well other cryptocurrencies ) so it won't burst ( at least for some years from now ) ; in fact the recent massive growth can't uniquely determine bitcoin future, other factors are to take in consideration too
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It can even surpass 20k ( as it's keeping growing fast since it was 9 and remain in the same development rhythm ) and as you know there are 15 days left before 2018 , which is sufficiently enough period for bitcoin to hit higher levels
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Waves is a good coin to invest in for long term (3-5 years) , because , if you follow its development instant by instant; you won't go far enough with it . It's right that fluctuations are often happening executively, but as I said , it's not for short term investment, the best didn't come yet.
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Every coin or token out there except for Bitcoin is considered an alternative cryptocurrencies also known as altcoins. No matter how popular they get as with Ethereum, Dash or Litecoin, they are still considered an altcoin. I am not sure if that will ever change but it shouldn't matter since not all altcoins are on the same level.
Yes , because an "altcoin denomination" isn't used in the meaning of devaluation of these several coins, it's just used to make difference between Bitcoin ( as it's the main and the first coin to be produced in cryptocurrency world ) and other coins
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I think investing in both altcoins and ICOs is far from being the right decision ; knowing that a large number of these ICOs is susceptible to end up with big scam fraud, unlikely to altcoins, where you can control the operation instantly to insure avoiding losses, as well as get profits from it . PS : not all ICOs are really bad , but in case you decide to invest in, you ought to attentively choose the right one
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I think it is useless , because, review websites owners get paid to post these reviews by ICO CEO . Instead of this, I'd rather review'em by myself ( an ICO must meet some criteria to be legit to invest in, I guess )
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Japan and Japanese companies were always leader in the use of digital currency and support blockchain technology ( as it is one of the most developed countries that digitalise their daily life issues ) . But what I wondering about is : in the case of a massive BTC price change , will these employees get recompense ? Anyway, they are really lucky
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Confirming that I received the tokens ( but as they said the withdrawal amount is different from the main balance ) Please tell us when and where we can redeem them into Eth ot BTC ?
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As I heard, the problem ( caused by kittens game which does use Eth blockchain ) was fixed , wasn't it ? Maybe this is an issue related to the pump in its price recently
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Technology has digitalised many daily fields , so why not to digitalised finance? For a fast, easy, and safe transferring of money through internet in a decentralised way ; and due to the high profitably that can be gained from such system, I guess , many people as well as governments would move to it . About dangers, ( this item has been already discussed ) but I can say : bitcoin can be a useful tool for digital finance related crimes
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Your idea seems to be lightning and bright, but it should be practically easy to applicate ( because the hardest path to achieve such project is the applicative step-by-step ). So it's important to develop your idea by planning progressive procedures and measures that should be taken. Good luck
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Developed countries will regularise it ( in the limits ) in order to disciplinary gain profit as much as they can ; but 3rd world countries most likely will avoid all such headache by banning its use ( because they don't know how to treat these digital figures )
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What will be the state of Bitcoin after all coins are mined?
In case bitcoin survives till that time, no bitcoin to be created, but it will be used as it's a rare precious coin . Is one 1 Satoshi, 00000001 the absolute smallest demonimation or can fractions thereof be created if needed?
I think, their is a necessity to create smaller fragments of bitcoin since its price is progressively going up and up , because, at a specific time, 1 satoshi will be significantly worthy
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For a healthy development, each price pump ( that reaches new values ) should be followed by a correction as pullback in order to stabilise the market , because , progressive improvement is - I think- the optimal case for such coin
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Fees were always the main problem in bitcoin ( especially when it reaches new values); I think people will reduce their number of transactions==> trading volume will be reduced ( they will use it just to store their money in a digital format that has potential to grow ) ; in the other hand , they will move to an altcoin that seems to be fulfilling their requirements
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There has been a lot of altcoins ( and they are still being produced) but just small percentage of them will survive ( especially those who can solve digital related problems) ; you can surf coinmarketcap website to take a view ( but the inconvenient with it : it's not instantly updated so you have to frequently visit it )
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Yes, forks can bring something positive to bitcoin ( unless they are just made to collect some bucks and ignore the new born coin ) ie, some people ( who do not know about digital coins) discovered BTC through these forks ( free advertising for BTC ) . To know more about this issue, I invite you to read this article : https://www.coindesk.com/forks-might-help-bitcoin-reach-true-destination/
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It has been always OK to invest in altcoins as well as in bitcoin because they both can give in return huge profits , but the thing you ought to consider is the choice of which altcoin to invest in ( since you have large interval of choices
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It's due to "CryptoKitties DApp" which is an online game where users can collect and breed virtual cats ; it uses etherium blockchain , the thing that has led to this slowness . PS : it becomes one of the most smart contract on the Eth blockchain with more than 4% of the total transaction volume
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