One can not deny the fact that now the initial bitcoin accumulates its shortcomings, which have not been eliminated for a long time. In part, it is this state of affairs that leads to a separation from him of his clones with the desired improvements. This is largely to blame for the command of the original bitcoin. He is still holding on and growing in price due to his popularity. However, it may soon end and we will see a completely non-functional bitcoin. Then he will surely lose the battle with his numerous clones.
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The fact that the bitcoin community is growing in quantitative terms is generally good. More and more people are attached to bitcoin, the role and significance of crypto currency is growing and this can not but rejoice. However, even now the crypto currency market is strongly skewed towards bitcoins. He strongly acquires all the features of a pumped bubble. Its growth is not due to the increase in functionality and convenience in use, but because more people are investing in it, hoping to get a significant profit by increasing its price. Demand generates a price increase, an increase in prices generates further demand. There is a separation from the essence of the bitkoyna as a competing crypto currency. This not normal.
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Bitcoin in cash has significant improvements over the original bitcoin. Therefore, in order to keep the original bitkoyin its leadership position, it needs to constantly improve, and first of all to solve the issue with the bandwidth of its transactions. In connection with this bitkoyn cash already looks quite promising, in connection with which many already partially invest in it as a fairly profitable coin.
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After that twenty years, when it is supposed, the last bitcoyne will be produced, if it still exists, it will change almost completely. Strictly speaking, I do not think that in such a long time, the mining itself will remain unchanged. By that time, the very digital currency itself will change very much, so it is pointless to think of such a time ahead.
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Confidentiality for finance is very necessary, and for crypto currency, even more so. Unfortunately, the original bitcoin possesses only relative confidentiality. If you want, using the blockchein journal open to the public, you can track some transactions first, and then you can identify the identity of the bitcoins owner. In a sense, these issues are solved by coins that have separated from bitcoin, such as bitkoyn diamond, which hides the sum and balance in the purse for general access, which is very important, since wallets with large sums are primarily subjected to hacker attacks.
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If you get all 21 million bitokoynov, nothing special with the planet will not happen. By that time bitkoyn will change a lot, for certain it will have new features and capabilities. It is possible that bitkoyn will change so much that from it there will be only a name. If the upper limit of bitcoin extraction remains at the same level, then the bitcoin will basically perform the function of a value store.
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Indeed, if the bitcoin price continues to grow at the same rate, then by the end of next year it may well reach $ 40,000. This means that for a large part of the world's population it will become unattainable in value. Here, too, is the reverse side of the growth of bitcoin cost. Ordinary people with an average income will soon be able to buy only a certain number of satosh, and not full bitokoy. Perhaps, this was provided initially, since one bitkoyn equals one hundred million satosh.
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That will change the fact that you recognise who is hiding behind the pseudonym Satoshi Nakamoto? For me the important thing is that he has given us the opportunity to earn a lot of money and be free. But the constant rising price of bitcoin may make it inaccessible to us. To buy it we have no money and no opportunity to earn.
I also thought about it. Imagine if, according to the forecasts, by the end of next year, bitcoin reaches the rate of $ 40,000. Who can buy it? You need to be rich enough to afford to buy only one bitcoyne. It turns out, bitkoyn in the future will only be for the rich people. The rest will be content with only a certain amount of Satosh.
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Now the bitcoin rate is 10106 dollars. I personally did not expect such a rapid rise from him. This exceeds the most optimistic forecasts, which claimed that only by the New Year he could reach such heights. According to the astrologer's forecast, bitkoyn will grow uncontrollably until the end of winter, after which there will be a correction of his course. You can only imagine what its course will be by the end of winter, if it will grow at such a rate. I already do not know whether this is good or bad. Such a sharp break from the altcoins in the price is not entirely good.
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It seems that the forecast of the "traveler from the future" was not justified. Since 2015, the growth of the crypto currency has not slowed, on the contrary, this year it showed us a tenfold increase. So, no it's not a time traveler. However, the growth bitkoyna, which has overcome its maximum of 10 000 dollars, can not but rejoice. There were predictions of different people on this forum that, from the psychological point of view, bitcoin could not quickly cross the threshold of $ 10,000. And he passed without hesitation.
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I would say that it is completely unreasonable to exchange bitokoyn for altkoins during the period of sharp increase in the bitcoin rate. It is possible to partially make such an exchange when bitkoyn will detect clear signs of his fall, but not now. Until the middle of December, that is, until the next fork bit, this should definitely not be done. If you look into which altcoyins are best to invest, then here is the only leader in this respect is the ethereum. Also, monero, litecoin, ripple are not bad at all. Separately, it is worth mentioning bitcoin cash, which is now growing quite well and has all the necessary technological capabilities to grow in the future.
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Bitkoyn is not held by greedy people, but wise enough. It would not be wise to do yourself a loss. All human actions must have logic and a definite need. If a person invests in bitcoin, he calculates for a certain income and these actions are logical.
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Despite the active growth of bitcoin recently, it would not be wise to turn all the cash into bitcoins. We must always take into account the large volatility of the crypto currency and the possibility of a sharp drop in the exchange rate, even with the seemingly stable growth of its rate. It is best to invest in bitkoyn during the fall, and then only free money, leaving some of the money for everyday ordinary expenses.
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Now the price bitkoyna is 9 704 dollars. Indeed, bitkoniy can pass the mark of 10,000 dollars as early as this week. By the New Year he presents us with an unexpected gift. How will the holidays affect its growth? Until the middle of December, apparently, its growth will be unequivocally due to the forthcoming fork and the formation of some kind of super-bottle, but since mid-December its recession is already possible, since on holidays many people will use money for various gifts and at the same time cryptovata, in including bitcoyne, will be exchanged for fiat, or goods and services will be bought for it directly.
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Bitcoin, of course, will continue to grow in price so far. He will soon reach $ 10,000, perhaps his growth may continue for some time. However, I think that somewhere from February of the next year, as predicted by the astrologer, he will fall in price because of the accumulated deficiencies in him, which recently have not been eliminated. Bitcoin needs real, not imaginary anonymity, and fast and cheap transactions. We need new technological solutions.
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If bitkoyn and will not improve and eliminate its shortcomings, it is even very likely that it will be replaced by a more successful coin. In the future, even bitcoin in cash, bitcoin gold and bitcoquine diamond, which may have separated from him, may compete with him. Now it maintains its position and even decently grows by inertia, using its former popularity, but it can not continue for so long. The initial bitkoyn need urgently improve.
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I also think that bitkoyn now looks obsolete, it is not updated and has not been improving for a long time and this is an indisputable fact. Because of this, almost every month there are his clones with advertised improvements, which have long been to be in the original bitcoin. It seems that someone is profitable this situation.
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Yes, Russia can not understand with a mind. How much I read the news regarding the crypto currency in Russia, I can not decide how the Russian government treats it, so everything there is contradictory and vague. Like the general policy of the Russian leadership in the international arena. One thing is clear, there will not be anything good in relation to the crypto-currency. The management is interested only in their own selfish plans.
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Now the dollar rate is 8972 dollars, coming close to 9000 dollars. This is his next record high recently. Apparently, the growth of his course was connected with the last fork on November 24, when the bitcoin diamond was severed, and again with the forthcoming fork in the middle of December and the appearance of some kind of super-bottle. Many are now seeking to invest in bitcoin to get these free coins. As for ethereum, it also grows, yesterday was 664 dollars, now fell slightly to 459 dollars. The growth of the etherium can not but rejoice, because he has long been on the course at a $ 300 course.
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I agree with the statement that the original bitcoin is more like digital gold now, as it becomes more a function of a value store, and bitkoyn cash is increasingly used as a means of payment and, thus, they seem to complement each other. However, this was due to the fact that bitkoyn discovers his shortcomings as a means of payment, and bitkoyn cash does not have these drawbacks.
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