Ethereum is not free in its price. Its price depends on the price of bitcoin. Bitcoin carries out price dominance over the rest of the crypto currency, including ethereum, because of its high level of capitalization. To reach the ethereum in its value of $ 2,000, bitcoin needs to have a price of about $ 25,000. By the end of this year, bitcoin will be difficult to achieve this price.

Banks in general do not like changes in the financial sector, and such significant and so revolutionary. England generally fell asleep with its reactionary character. And the charge of the crypto currency in its possible use for illegal purposes is already traditional. Therefore, there is nothing surprising in this statement. The time will come, and this bank will provide services in the crypto currency.

If the situation is very successful, bitcoin may reach a price of $ 25,000 this year, but there is little chance of that. If before this bitcoin will not grow in price smoothly, and again there will be its price surge at the end of the year, this can cause a psychological barrier for investors and they can be afraid to invest further so that the last year's situation does not repeat.

Of course, our coins and tokens will still grow in value. However, given that the market is in decline all year long, while we can not say whether the rise of the crypto-currency market will be significant at the end of the year. It is possible that the growth of our coins and tokens will not be as large as we expected at the beginning of the year. Well, then we will have to wait for the next rise, maybe it will be more successful.

Let's speculate. States can allow the circulation of decentralized crypto currency in their territory in parallel with their national money. The state will not support this crypto currency, because it is not interested in it because of its uncontrollability and high volatility. For the same reason, states are unlikely to use it widely in calculations between themselves. Decentralized crypto currency will be predominantly used by citizens. And now how to install. will they use the crypto currency as a global means of payment?

I agree with you, but bitcoin will never be stable in price over time. In addition, if the cost of bitcoin increases with time, the volatility of bitcoin will also increase, because the possible amplitude of price fluctuations will increase. This can be seen even on the example of its fall in the price from 20 000 to 6 000 dollars. At a cost of $ 100,000, bitcoin would have dropped to $ 30,000. Simultaneously with the increase in the price of bitcoin, the risk of investing in it will increase.

Interesting. Your reasoning attracted my attention. In my opinion, the fastest grows in price and only bitcoin drops even faster. In my opinion, there is still no such coin that in a few months from six thousand dollars in price rose to twenty thousand dollars and then again dropped to six thousand dollars.
However, the price of other coins and tokens so far depends on the price of bitcoin and this is the huge shortcoming and immaturity of the crypto-currency market.

You can not blame people for cowardice just because they do not want to invest in bitcoin. I think it's no secret that the current bitcoin is quite risky for investments. Especially this served as a lesson after the December price surge and the drop in the price of bitcoin. Now potential investors are afraid of repeating the same scenario. The lesson is obvious and many lost in price when they bought bitcoin within 15 000 - 20 000 dollars. Perhaps they were not cowards, including saying that it was a clever move - to buy bitcoin when he is very. long continued to grow in price, too, can not.

The Chinese government is very. highly appreciated blockchein technology, although it negatively relates to decentralized crypto currency. Now in China, the largest number of patents for the introduction of blockchein technology. Therefore, the government in every possible way encourages the introduction of this technology. But on the other hand, there was information that the Chinese government has developed a two-year program to completely ban decentralized crypto currency and its first phase is completed in June next year. Until now, it is a little incomprehensible that the Chinese government is going to offer instead of decentralized crypto currency. After all. this vacuum vseravno need something to fill the bulet. Simply prohibiting crypto currency will be ineffective.

While the idea of using bitcoin as a reserve currency of the world can only be perceived as a joke. The bitcoin, which still has a throughput of only seven transactions per second and the reserve currency of the world, when it is very little used as a currency, and is primarily used as a speculative means of accumulating value, is incompatible concepts.

Even the head of the Savings Bank of Russia, Herman Gref, who is loyal to the crypto-currency, who previously stated that this bank will create its own crypto currency before the adoption of the relevant laws on crypto-alaen by the State Duma, now says that in Russia, a crypto currency is recognized as a special asset deprived of the legal status of a payment instrument. Crypto currency in Russia will be an outcast, the right to use it will have privileged categories of citizens, probably especially close to the emperor.
Under what ideas then are going to unite territorially in the "crypto-currency state"? The Emperor needs new slaves? Or someone launches a touchstone to see how the community will react to the new kind of Putin's hybrid war with neighboring states?

We can see. that the strategy of simple retention of crypto-currencies this year did not justify itself at all. While there will be a price dominance of bitcoins over other types of crypto currency, this strategy will also not be relevant for individual coins. Therefore, we must proceed from the specific situation that is emerging in the market. The strategy is to not have any pre-established strategies. You must proceed from your vision of the market and intuition.

Even though bitcoin has recently been growing in its capitalization, I do not think that you need to completely switch your attention to it and consider the altcoins unpromising for investment. The market of crypto currency is constantly changing, and bitcoin is still not in the best shape in terms of its functionality. In addition, given that it is furthermore mainly used as a speculative means of accumulating value, I do not think that this side of its use has a good prospect for bitcoin as for the crypto currency.
These global shortcomings do not exist among the altcoyins.

The price of bitcoin, in my opinion, has nothing to do with the possibility of replacing it with ordinary paper money. Bitcoin is not at all capable of substituting for itself fiat, because it must be a decision of the state, and the state will never make such a decision, because this would be a real disaster for him. State money should be linked to the state of the country's economy. Money can not exist on its own, apart from the development of the economy.
In addition, I do not think that bitcoin will ever reach a price of $ 213,000. As soon as the price of bitcoin starts to rise, many factors will appear that will prevent such growth.

In very good circumstances, this is quite possible. The psychological barrier here is the price of 20 000 dollars, that is, the previous price record of bitcoin. If investors overcome it and bitcoin will pass this price, then the price of $ 25,000 will be achieved relatively easily.

Very unexpected results of studies predicting the price of bitcoin, expressed in this forum. After all, these predictions are different, sometimes diametrically opposite in content, but in the end, 80 percent accuracy is obtained. However, everything can be. After all, predictions were made not just by the first people on the street, but by people who have some experience in cryptography.

In my opinion, it is impossible to distinguish traders so clearly between these two categories. As a rule, we earn profits in the crypto currency, and in part then we deduce it into a dollar or another currency. It is difficult to find such traders who would work only with crypto currency or only with fiat.

Slowly, does this here mean slow transactions? Although ethereum is really still a slow coin with its throughput of fifteen transactions per second, however, in the coming months a Plasma project must be implemented that will allow this coin to have scalability of hundreds of thousands of transactions per second, and in the future millions of transactions. The EOS coin should already have such a transaction speed according to its technical characteristics. So with the speed of these coins will be fine and in three years.

Crypto currency will never replace fiat, as if someone did not want it. States can not allow the transition to the use of any money that will not be tightly tied to their economy. This is the law of the functioning of money. Without such a binding, the economy of the state will collapse at once. Crypto currency can go in the state only in parallel with the national money of the state.

I think that the purpose of this forum is to talk about the topic of crypto currency, discuss news about the crypto currency about its main problems and ways to eliminate them, promote the popularity of crypto currency and further its introduction into our life. That everyone who comes to this forum, could find for themselves a lot of useful information about the nature and functions of the crypto currency, so that an outsider could find here full and objective information about the crypto currency and its advantages over the rest of the currency.