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ETH has made such a long way, that it objectively can not cost $30) It's used more and more daily so price will inevitably go up
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Definitely, once first Pcs were developed, no one could say that it will be a thing of a past in just a couple of years. You can't stop the progress but cryptos are here for a long time
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BTC hasn't been much volatile since 2 years. I suppose 7-12$k is where the natural bounds of market prices are.
More holders is not a bag thing too, they just make the asset more trusted and stable. Until there is no massive panic sale
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I think that the demand now is great, because the price is low. Offer is not big, because most hold. Still, it makes rates go down and not the opposite.
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We for sure have very different year than we had previously. I can't expect BTC go up and up again. It's searching for balance, and who knows, it is probably somewhere around 10-12k.. anyway, it has been so long with down movement that I bet it will go up very soon
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Bitcoin has value because cryptos are the future. People invest in next generation technologies, though even now, there are not many real life applications, but many experts and even governments see potency in it
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It's already probably the most popular global cryptocurrency. Though it's not official in many countries, people keep using it and sending their funds daily from one point of our planet to another. You can't pay anywhere you want with even a dollar, so you can't require it from such a new thing as BTC
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The.more = the better, no doubt. In case you are short of money, I would say $200-500 in different coins is a good point to start if you have some talent. Not a big deal if you lose them all either
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I've also read this american survey, but you have to understand that $1800 is minimal price based on the costs for mining. So it can't cost less, mining is getting more expensive. But we also know that the rate of BTC is very much depends on subjective factors, like mood, news, trends, speculations and so on.
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No, that would mean collapse of all cryptocurrency industry. On in the opposite, it is only the beginning. But if alts can survive and raise in rates while BTC would decline, that can be a great shift
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I mean it was the 1st and still is the most recognizable coin, 1st in terms or current capitalization but now I suppose ETH and even NEO and even BTC Cash have much more potential and especially speed
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Many people keep saying it's too volatile and unstable, but I can't see it now. It stays in range of 10000 +- for more than a year and I can't see it change in folds anymore. It's much more predictable then it used to be. It's quite stable and this year will show how much.
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I can't share the above mentioned opinion. If BTC has broken the lswas that used to work for years, then we can't be too assured in out predictions. People now better understand what BTC is and how it actually works (is not working, actually). So, I would say 13000-15500$ can be some good price range by New Year's eve
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What's the problem here? In case you want crypto to become legal, it has to be regulated and also taxed. No one can make you show your personality, but official projects always presuppose that you know and can trace those, who is in charge for it
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ImO everything under $10 k is great for investment. If you believe in BTC you know that it"s not supposed to drop lower than 6-7k, ni reasons for that, so why wait? You can lose some now, but it can be too expensive to buy very soon, just like last year
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I like the buy and hold strategy. I argue that long-term investment is more profitable. profit and loss is something that is reasonable in trading. What can we do with our strategy? All that must be balanced with patience.
Same for me. I mostly hold and buy some coins adding them to what I already have not risking investing in new ones. I just don't feel the market now at all. I need time to get some clarity and decide if strategy can be changed
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Can't agree more. Society will never accept it as a mean of payment under current level of volatility. It just crosses over all the other advantages, because you lose money for nothing and take risk. That is not for everybody.
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Natural correlation plus issuing of futures plus current negative background plus holders plus bulls. Way too many factors at one time. Should.change soon but not too fast
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Hold, or hodl, as it's listed above)) See no fast rise in the nearest future, so I'm actually looking for new coins to buy and then keep them until Fall/Winter season P.s. some.technics above are hilarious
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No reason to see it drop below $600, but we actually have to wait until hardfork and news from US SEC, they can somehow drop down the rates
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