More and more coming into use cryptocurrencies will eventually change existing financial system, but banks will remain in a transformed form. They will act as hedge funds and carry out operations for safe storage and issuance of loans in cryptocurrency.
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Confirming Twitter Application #445
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The best solution is to invest in projects that have existed for several years and demonstrate stable growth and development of their platform. In my opinion, these are coins like Dash, Monero.
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To a large extent, it doesn’t matter who invented bitcoin. But based on patents filed in the United States in 2008, bitcoin was created by Neil King, Vladimir Oksman and Charles Bray, who used the same speech figures in the patent as in the work of Satoshi Nakamoto, distributed on October 31, 2008.
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I agree with author of the topic a hundred percent. Man himself is creator of his own happiness. If one thinks only of the bad, then only the bad will be around and vice versa. You need to be more optimistic and then life will be better. There is always a good in every evil.
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After significant drop in bitcoin price of $1,000 per day or other coins by 20%, it seems that the biggest mistake was not to sell them a day ago. But if you think about it, it often turns out that the biggest mistake was made in haste and rashness, when it seems that everything is lost, and you sell at the lowest price, turning out to be a big loss.
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#Proof of authentication Joined campaign: Twitter Bitcointalk username: BTalarmus Telegram username: @FrostyC Twitter profile: https://twitter.com/BTalarmus
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By the end of the year, the bearish price trend, which dominates throughout 2018, should end. This will be facilitated by the ever greater legalization of bitcoin in different countries of the world and the tenth anniversary of its creation.
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I think that over time, very large hedge funds will be created, which will stabilize the price for large players. In addition, when bitcoin capitalization becomes several dozen times larger, the volatility of the price will also decrease by the same order.
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After a big fall, a new phase of growth should begin. Bitcoin doesn’t have as much emission as altcoins, and cost of its mining is very high. Proceeding from this, it should not fall very much in price, and in the long term should only grow, which he does since 2009.
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Bitcoin by its nature should only self-regulate. At present, it is still at a very early stage of its development and is therefore very prone to speculative influence, as well as the influence of powerful mining pools. Over time, it should increasingly decentralize and gain weight, which will help it become a truly independent means of payment.
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Many are waiting for this pump for several months, but there are constantly news about the prohibition of bitcoin in China, the refusal of the Goldman Sachs to use cryptocurrency and so on, while for that reason there are large sales of cryptocurrency from the same wallets. This is manipulation of large whales, who will sooner or later change their tactics and will organize pump, but when?
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