I think that its decline will stop only after the new year arrives. After new year's day it is most likely that it will fully recover by then because there will be no big event coming real soon that would have the need to spend some money. I guess the holidays also has a direct effect on the Bitcoin rates. As you can see just after Christmas is when Bitcoin started recovering. Hopefully after the new year, it will fully recover.
You're right, so far you can't see the possibility of growth to levels before the holidays. Most likely, higher increases should be expected after the new year.
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For now, I don't think so. Bitcoin has a strong position in the market. In the future, other cryptocurrencies will become stronger, but ethereum not take over the BTC next year.
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It seems that the price is trying to recover right now. It touched $17,000 today if i am not wrong, but then it started to go down again.. I dont know why it is so volatile right now. It clearly went down by less than $15,800 once that it touched the 17k.
really? Imight be out of fucos on this day cause i didn't notice bitcoin valied touch down again the 17k valued. However as i see the valued in this moment is always volatile in 15k I hope it will exceed after the end of 2017 It doesn't look like the value of bitcoin has risen to the previous level by the end of the year. Rather, the price will be around 15-16k $.
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Ethereum is one of the best Altcoins in every aspect. It's 2nd best coin in the market and one of the most profitable coins you will ever invest in.
Ethereum is a good cryptocurrency. It has a good reputation and great development potential. It is worth investing in eth for a longer term.
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Bitcoin price falls over the past few days. Maybe some people sold out some bitcoin before Christmas to buy presents. Now is the time to relieve the falls.
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I think No, it is not a panic time but an indication that you must be ready for any investment. when bitcoin price are down to the lowest level. The lower price of btc, the best time to invest so that when the price rise you can surely earn and its called cycles it happens
People who buy expensive are panicking and now they are wondering whether to sell or wait until the price increases again.
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How to choose the currency we buy as a beginner? who can give me some advice? Thank you
For a newbie, you can buy currency with a good reputation like ethereum, for example. First, do some research about cryptocurrencies, look for useful information. Learn more so you don't lose money.
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The bitcoin market is unstable. A lot of people invest money without knowledge about it. The price falls a few days, which may lead to panic and sell. Although I hope that this is just deeper correction and after Christmas will start to grow again.
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This is probably not possible this year. At the price of 30k $ have to wait until next year. For now, it can't reach 20k $ and stay at this level.
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I believe that every market needs time to rest. Correction only has a good effect on the market. A temporary drop in price is not a reason to panic. It is not a crash.
I feel it will happen on bitcoin cash price will having a dump soon just my speculation. This is just hype I guess thats why many traders into bcc. Yes in bitcoin it is a correction happen yet it is always have time to recover. Yes, there is a lot of hype around Bitcoin. The price will probably dump, because it is already high. I wonder how much money people can still invest.
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I don't think so. Governments don't have any means to stop bitcoin, knowing that everyone can use the computer as they wish.
It's not known whether the government will succeed in stopping bitcoin, but they can introduce such a law that the use of cryptocurrencies will make it more difficult. Then some people may be discouraged from investing in bitcoins.
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I believe that every market needs time to rest. Correction only has a good effect on the market. A temporary drop in price is not a reason to panic. It is not a crash.
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Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet. BTCSo now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Cool idea. You can make a paper wallet, buy small bitcoin amounts every month. As a result, for some time you can earn a pretty good amount for a child. Password, seed can be deposited in a bank deposit box, for example.
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Investing all your money online is very risky, but a big risk high gain. It is better to spread the funds in various investments. Gold will always be a good investment, as well as real estate. Money in the bank - low interest. Often interest is lower than inflation. It all depends on risk appetite.
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Of course, bitcoin can lose its value. It will not fall to 0, but the market needs to stabilize. The price may fall for some time, and then it will probably increase. It's still an unstable market.
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Yes, it requires hard work, but I don't think it will affect the reduction of unemployment. It's a more alternative source of money for most ordinary investing people.
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I would choose investments in both gold and btc. There is always something left in the event of a crash, I do not lose everything. I think investing funds in different currencies is a good idea.
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Judging the pattern and graph, I believe each btc will cost 20k before Christmas arrives. What do you think?
I don't think so. Now the price is around $ 17,000 and it is not growing so fast. The market seems to stabilize slightly. Some small investors can sell btc before Christmas. Rather, $ 20,000 will reach after the new year, but it can not be predicted 100%.
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Bitcoin will not die. You can see it at the current price. More and more people are interested and invest in cryptocurrencies. Many countries accept bitcoin as currency and their number increases.
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I'm very surprised. I guess no one predicted such a price increase to $ 17,000. It happened so fast. I just wonder whether this growth will continue.
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