If bitkoyn will grow unregulated in its value, and then also sharply fall in price, and this movement will be repeated, governments of different countries will be forced to restrict bitokoy in circulation in order to protect their economies from unbalancing. Therefore, in order to grow and develop as a financial instrument integrated into the economy of most countries, we need to ensure that bitkoyn grows smoothly and its volatility is not so great.

Bitcoin can not be attributed to the Ponzi scheme, because it does not conform to such a scheme and is not a fraud. Bitcoin is to some extent a financial bubble, but not a Ponzi scheme. Some properties of the bubble bubble have due to the fact that, being unsecured, it grows in price by increasing demand for it, and demand is growing, because its price is growing and people are investing in it, hoping to profit from its growth in value.

The way it is. Recently I read that most of China's crypto-currency traders are women. I can not even explain the reason for this phenomenon. Do Chinese housewives spend their free time at home using a computer? Very versatile Chinese women.

With this reasoning, I completely disagree. In principle, bitcoin is not much different from other digital coins. It is very popular because it was the first crypto currency and very high in value, because as the first crypto currency became very widely known, while some other types of crypto currency are still unknown to the broad public stake. The Altkoins play and will continue to play a very big role in our life, until they simply have not yet manifested themselves, since the crypto currency and the infrastructure under it are only developing. This can not be done in a few years, since the crypto currency is too revolutionary and unusual.

The fact that bitkoyn does not play any role in the real world, such a statement does not correspond to reality. Bitkoyn now has a strong influence on the economy of most countries. China even recognized bitcoin as a threat to the economy of its country. For bitkoyn it is possible to buy now almost everything, having paid directly to them as a means of payment, or before transferring it to fiat. Therefore, we can not assume that it does not affect the real world in any way.

To sell now bitkoyn or not, it's personal. Now, probably, many partially translate bitcoin into fiat, or are just preparing to buy for bitkoyn in connection with the New Year holidays and Christmas. In addition to the usual correction bitcoin, perhaps this also affects him in lowering his course. We will see if it will stay in place for some time, or even drop a little, then, most likely, it is. So it was a good time to use the bitcoin stop and take some profit. However, it must be borne in mind that soon again bitkoyn will quickly rise up.

Becoming bitcoin as a digital currency and recognizing it as a legal tender will take a very long time. However, in the end, I think bitkoyn will be recognized as legitimate in almost all states. Crypto currency is so new and peculiar kind of financial calculations that its appearance has caused an ambiguous reaction of different states, which are still studying it and trying to classify it as a subject of financial relations.

It is unambiguous that the appearance of bitcoins in the financial market is a new era in the functioning of the world currency. Crypto-currency as a whole made a revolution in financial calculations and by its value it is comparable to the invention of the Internet in the nineties. This is very noticeable both in terms of the total capitalization of the Crypto currency, and at the bitcoy rate today. Bitkoyn has had such a significant impact on the economy of most countries that they are all forced to regulate its circulation and, as a rule, decide on the issue of recognition as a payment instrument.

Now bitcoin has problems with its use as a means of payment. His transactions are slow, do not cope with bandwidth and hang. Also, many complain about the high commission costs in carrying them out. If these problems are solved, bitkoyn could be a good payment system for its use at the world level, because it is relatively fast, simple and safe.

If you look at price dynamics recently on bitcoin, you can see that bitcoin has been growing very fast over the past few days and from about 9,000 has reached 17,000 dollars. Yesterday, it was quite a strong decline to $ 15,453, now its rate is 16,112 dollars. That is, it can be assumed that while its some volatility manifests itself, and not a fall in the rate. Therefore, you need to watch him for a while. As soon as bitcoin finds a steady downward trend, then, in my opinion, it is also worth temporarily selling some surpluses for your needs.

In this region there is a very tense situation in connection with the worsening situation with North Korea and the threat of war. Therefore, prices are rising in ordinary money and especially in the crypto currency, because it was very convenient in case of rapid evacuation. Therefore, bitcoin costs more than 20 000 dollars. There is nothing surprising in that the government of South Korea wants to protect its economy from unbalancing and therefore wants to introduce some restrictions on the crypto currency. In fact, earlier in this country there was a normal approach to the crypto currency and this country was one of the first places in terms of the volume of the sale of the currency on the exchange. Taxation of the crypto currency is also a common practice of all states.

Bitkoyn will not be late to buy until in connection with the increase in its rate people simply can not buy it, so it will be so expensive. However, people with small incomes will be able to buy only a certain number of satosh and be content with this. Therefore, investing in bitkoyn need early, until it reached the cosmic heights in its value.

The digital currency can only greatly squeeze ordinary paper money from circulation, but it is unlikely to replace them in the foreseeable future. In life, there will always be situations when using the crypto currency will be inconvenient, or even impossible for a number of reasons. In addition, it should be taken into account that some citizens simply do not want to communicate with the crypto currency due to some beliefs or their physical defects, or simply the lack of technical means for using crypto currency. It should also be noted that according to the laws of each country, domestic paper money is required to accept in payment any state and non-state structures and organizations. In addition, the use of national money is the right of every citizen and it is unlikely that these laws will be changed from the narrowing of the rights of citizens.

It seems to me that the growth of the bitkoyna rate since September 30, simultaneously with the ban on bitcoin mining in China, is a mere coincidence. After all, the miners of China did not immediately cease their activities, and quite a long time still engaged in bitcoin mining. In addition, there were many ways to withdraw the produced bitkoyna on the world's crypto-currency markets, as evidenced by a sharp increase in applications for trade and increased trading on exchanges of neighboring countries - Hong Kong, South Korea, as well as Japan.

Bitcoin is now both a bubble and a good investment. It now behaves like a usual financial bubble, which grows in price only due to the increase in demand for it, but due to the fact that it continues to bloat successfully and bring big profits due to its growth in price, it is still profitable to invest in it and yet he did not burst, get a decent income. I think that in the nearest foreseeable future it will not burst, it still has the potential for growth.

China really has the most numerous equipment for mining bitkoyna and a large number of miners to extract bitokoyn. However, it turns out, the policy of the Chinese government first to ban mining, and then use electricity for this, is not entirely reasonable. As we could see, many miners began to look for countries with a suitable climate, electricity price and loyal legislation with respect to the crypto-currency, where it would be possible to obtain bitokoyn profitably. In particular, some of them settled on the Quebec provinces in Canada for such mining. It seems to me that China loses its potential due to its stupid position with bitcoin mining.

My biggest fear as a bitcoat holder is that since the value of bitcoin lies in the demand for it and practically only its price is kept, that for some reason the demand for it will fall and bitcoin will almost immediately depreciate. I understand that bitkoyn still has the property of a bubble and it will eventually bloat so much that it bursts. I hope that nothing will happen to him in the next few decades.

It's interesting to look at the topic for January of this year, when the year 2017 was just beginning and people were thinking about what this year will bring for bitkoy and what will be its value at the end of the year, considering that at that time its rate was about $ 1000. No one even imagined that he would rise by the end of the year more than ten times.

The phrase "if bitkoyn stops" is very vague in content. Bitcoin is impossible to stop in development. If his development team stops supporting him, he will continue to exist for a long time until he is technologically outdated and his place will not be occupied by more perfect coins. However, this is impossible, since there will be many enthusiasts who will provide bitcoin support in the event that his team refuses from him. So I think that with Bitcoin nothing can happen.

Crypto currency really displaces ordinary paper money from circumvention. However, this will happen until a certain point. It can not completely replace conventional paper money. If a person comes to a restaurant and is told that they accept only payments in the crypto currency, this person can sue such a restaurant and will certainly win the dispute. National paper money should be accepted for payment at any outlet and in any institution on the territory of that state, otherwise it would violate the laws of the state and at the same time violate the rights of citizens to choose the form of payment and the right to use national money.