Long back itself south Korea is contributing big to the growth of bitcoin. This has been one among the Asian country that has been providing good support to the growth of cryptocurrency. Even now through bithumb, largest exchange of South Korea almost each and every activity is taking place in a regulated manner. Now the news from South Korea makes it much more easy accessible to the public.
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Whales at times try to manipulate the market which is with the large volume of bitcoin the users keep hold. As bitcoin is speculative, surely bitcoin is manipulative and whales does it. Whales initiate the manipulation and the small scale holders who gets into panic just execute it better leading the price fall low, and further the whales use it an opportunity to invest for a bigger profiting.
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Now there are good prerequisites for the restoration of BTC prices this year, an excellent opportunity to start investments, while the price is low.
Yes, now the price is quite acceptable for investment in bitcoin. Those who do not do this now at the end of the year will be sorry when they see the price of $ 30,000. Once missed it is missed forever which is true with bitcoin. When people were with expectations to invest at a lower price, sudden price increase happened as a surprise. Possibly this price seems to be the real growth without any manipulation. As mentioned in the above quote missing opportunities to make an investment now will surely make users feel bad by the year end.
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I think it's all depends market makers, ETH bull run we are waiting for you ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . The major focus is upon ethereum next to bitcoin, long ago itself ethereum marked to grow high and reach above $1500. Also a large speculations indicating the ongoing year to be the year of ethereum was found around, but till now the large bull run haven't been experienced. Hoping for it to happen soon, as the market is recovering slowly.
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Even now there are ban over bitcoin as well cryptocurrency on various countries. Some has taken back the ban understanding its need, while some has been under hard study to make use of it in an effective manner. From my experience nothing could happen even if countries ban bitcoin, because one who believe in bitcoin will continue using bitcoin overcoming any problems.
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As bitcoin is going high leaving the altcoins back without any form of mutual growth it looks like a time period for investing into altcoins. Probably the growth of altcoins too gets initiated anytime soon as the market is getting stronger with the bitcoin dominance level going above 46%, investing at present could get assured profit from altcoins.
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1M seems a big thing to be reached, still we don't know what happens in the future when there is an increase in demand and decrease in supply as the production through the mining gets halved at certain time interval. To me 2020 is a big year that's been under hard expectation long back itself. With this I strongly say that, a massive growth will happen by 2020 and it won't take it to 1M
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From the bank, the same thing happens to the manufacturers of wagons for horses. They will leave the market as useless. Banks have always been a means of enriching rich people, but there were no alternatives before. Now the alternative is and the world will come to it.
Agreed, banks make rich more rich and the poor go poor. Even government stand on their side. This needs to be eliminated, and some survey has given a data stating massive loss has been faced by banks once after the existence of cryptocurrency. Fearing this cryptocurrency will be adopted by the banks. At present cryptocurrencies were serving as an alternative and the same will happen further with increased users. It won't go mainstream from my opinion.
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In the past read in an article stating the purchase of a house with bitcoin and with the excess amount got using bitcoin on purchase bought a Lamborghini. After that now only hearing a news where a luxury brand car is being bought with bitcoin. As in the Op, can hope the acceptance of bitcoin from different large scale companies soon.
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This is the data of the past generation. With the present generation almost 80-90% of the population were much close to technology related activities. In this regard people making use of computers or accessing it is a simple thing. In a much shorter time period they'll learn about bitcoin as well, which assures the success of bitcoin as well other digital currencies.
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to attract people, by giving free coin is useful than bounty program. airdrop is the best way to get some money here, easy to do than the other ways. maybe if you have one account, it dont give you much coin, but if you have many account just for airdrop, the payment is like bounty
As mentioned airdrop is an added way of promoting their service. Apart from the different campaigns the airdrop of the respective token leads to make people invest more. Among the entire list of airdrops very few will be successful getting a big reward for the participation while majority end up with mere dollars when calculated on the whole.
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Market is not recovering anything, they are increasing prices little and dropping again %60-70, from 6.5 months we are seeing same things. When everything will be good we dont know unfortunately.
That's not the right thing, because in recent days as the price went low the dominance of bitcoin too decreased drastically,, now once again the dominance of bitcoin has increased and is getting little above 45%, from my understanding such a dominance level is the true form of recovery. So, what's been taking place with the market is not a joke anymore.
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With more cryptocurrency exchanges into existence cashing out of bitcoin is getting easier. In my country we haven't got coin.ph and similar exchange which supports cashing out. We've got access to localbitcoins.com which lets us cash out bitcoin through different transaction process starting from PayPal to bank deposits.
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Unlike the time period bull run is always good to the entire users, right now the bullish trend after a long gap gives a positive thought about the market. This trend needs to continue making the market grow and reach the predicted price for the ongoing year. More new investors were expected to get into the community.
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2018 is a much expected year but to the entire cryptocurrency community it was a big backlog. Now things seems to take hold for a good breakthrough and reach at least a value above $10000 at the earliest. By now, around a week ago the bull run for the year has begun. Hoping for better days along with bitcoin.
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Recently bitcoin dominance went low with with other altcoins contributing high. Once again after a long bitcoin dominance has gone above 45%, which seems to be a positive thing on the growth of cryptocurrency. As the adoption of bitcoin keeps increasing the circulation leading to increased market capital always keeps bitcoin to be dominant.
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With the growing adoption of bitcoin as well other cryptocurrencies the usage as a currency has grown high. Some countries have developed their own cryptocurrency for the transaction purpose within the country limit and bitcoin is being planned to be used for transactions beyond the country limit.
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The present market can be considered as a good time to make an investment into altcoins, because majority of altcoins that were highly potential were low in value. Myself has made an investment into few altcoins with the bitcoin as the price of bitcoin is high compared to the altcoins. Investing on altcoins with bitcoin right now will get a larger volume of altcoins.
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It is hard to choose which is gonna be successful, because even perfect projects go as a scam when there is lack of development. As in the Op the active market of projects goes low at times and now it has grown above 1650. Same time some projects delay in listing, those will be successful after certain time period.
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Users who have been waiting to buy bitcoin for a long even after it going low to $6000 now feel bad of missing it expecting further price drop. Even the present value is not a big thing with regards to the upcoming price pumping. With this into consideration it is good to buy as much possible by now which will profit at the earliest.
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