The lowest price and the highest Bitcoin price are the only users that specify. The decentralization system is designed to allow everyone to contribute to a price change, in contrast to a national currency that can be hung on economic circumstances and adjust, but bitcoins are not like that. The attractiveness of investors to be the foundation of bitcoin prices, if more and more they come with the money then bitcoin prices will continue high, however, if investors pulled their money for some reason then bitcoin prices would decline even drastically because the investment culture in bitcoin is highly dependent on market conditions.

Day trading is not always profitable, there is always a loss. So for someone who has money but he doesn't have knowledge about trading cryptocurrency is not worth it, it's better to buy a bitcoin and altcoin and become a hodler. The cryptocurrency market is very painful, there is no guarantee for him to treat money well especially to become a trader.

The best way to suggest someone buy bitcoin is to look at bitcoin prices by the end of 2017, yes I agree with that. $ 20,000 is the highest for bitcoin, compared with today's just $7500. But everyone always wants to buy bitcoin at the lowest price, which is difficult to determine when the lowest price. The bearish trend has happened almost 5 months on bitcoin market and until now still in a bearish trend. If you look at the bitcoin price chart will drop more than $7000, possibly around $6000 or up to $7000, if seen from the chart. So with my prediction the best time to buy bitcoin when the price touches $6000-$7000.

Since I plunge into the world of cryptocurrency I have use bitfinex, binance and bittrex.

Actually, the three exchange is indeed worth it to use as a place of trading, a good volume and very safe to use.

But until now, I have survived by using bittrex for a trading place. The reason is just one, many altcoins in bittrex that already exist in the local exchange so for withdraw problem can be overcome easily.

With your statement, is that mean bitcoin is not suitable as a currency? For me, to be called a currency or not it depends on users. Because the basic functions of bitcoin is for the payment system in order to facilitate every human who wants to transact despite having a long distance with fast transaction and transaction fee is relatively cheap. Each user will be different, some only use bitcoin as payment system only and those who use bitcoin as a source of income, because it can be used as a place of investing and trading and this is the excess bitcoin that cannot be owned by fiat currency, so the bitcoin price volatility is an added value not possessed by fiat currency.

I guess the government will be smarter than you think, they will review before issuing a decision to ban bitcoin and cryptocurrency as a whole. The government will know the impact of receiving or prohibiting bitcoin. But what is clear is that if the government sees cryptocurrency from two sides not only the negative side, it is proper for the government to make a regulation to accept the bitcoin and cryptocurrency as a whole. Not for the payment system but as a place of trading or a place of legal investment is better.

To use bitcoin you do not need to listen to what your government says. You are free to use bitcoin even if your country have banned bitcoin, you do not have to comply with anything submitted by your government. Bitcoin is the currency, everyone has the right to have it as you have dollars you can grab it.

But for utilization, the government has more power. The Government will regulate all forms with the payment system or place to earn an income. The government has national money to meet the needs of its people in transacting, so bitcoin should be functional and regulated by the government. So, you can see your country statements that prohibit bitcoin, and as much as possible need to know the specific why bitcoin is prohibited. Having the bitcoin is not prohibited by anyone, but to use bitcoin you need to know the rules applied by your country.

This is included in the speculation, everyone is free to speak whatever they want to say. Bitcoin price up to $ 100,000, $ 250,000 end this year and now bitcoin price will $ 1000 a normal occurrence and should be advised.

Many people say bitcoin is an economic bubble or asset bubble which will explode and make the bitcoin price will continue to weaken. But one thing to be aware of, though bitcoin is a bubble and making the declining price bitcoin will remain a currency, and will still be used by everyone. Bitcoin is very useful and will continue to have benefits for someone who uses it.

Cryptocurrency market is experiencing a prolonged bearish trend, it is almost a few months bearis market is not lost from crytocurrency. Usually, a newbie who came to cryptocurrency will leave this market and look for other alternatives to investing or trading. But for someone who already knows cryptocurrency they will let and enjoy all the bearish process this trend occurs. Hold is the best solution when bitcoin prices drop sharply from the original price, but selling when you're lucky is the second best solution and back again when the bitcoin price decreases.

Talking about Bitcoin prices to $20,000 in bearish circumstances is hard to say 'YES' our mindset will remain fixated on the current state. Someone who thinks, let alone to reach $ 20,000 to reach $ 9000, in fact, will take a long time. How long bitcoin is at the price of $ 8000 and never to get to the price of $ 9000. The bearish market will always bite everyone who will predict future bitcoin prices.

What we need is when the market out of the bearish market and turn the situation into a bull market then someone's suggestion will be positive that will affect the state of the market. If this happens, bull market come $ 20,000 for bitcoin price will be easy to achieve with confidence.

Depending on market conditions, on average I see them (whales) coming to the market if they have good information at least without them entering the market, cryptocurrency markets will go up. So they use this opportunity to outwit the users of cryptocurrency so that their steps are not suspected. In fact it is very easy for whales to get a big advantage in cryptocurrency, it's good if you are a trader joining with community signal to decide to sell or buy bitcoin and altcoin.

Can you look OP? he ask not about ICO or token price but he ask about bitcoin price in the future.

Hodl bitcoin and hodl token are very different, it's too risky to decide hodl token in the long term. But for hodl bitcoin will always make you believe that the price of bitcoin will high in the future.

this bearish trend occurs because the global economy slows down and can be practically down from the previous year. unemployment rate increases, FUD is spread everywhere, trade balance deficit. negative corporate profits and other factors such as, negative news that keeps coming to hit the crypto currency market and many more to consider!. this situation makes some users and traders panicked and continue to sell the coins they hold. if such things continue the market will continue to weaken and difficult to grow again, the positive side of this bearish trend is usually always a reflection to re-see the bullish market, the price will usually exceed the previous nominal, even likely to create new record values.

sorry to hear that , i cannot imagine how your feeling right now. it must be painful to get in the wrong / unfortunate time , $17,000 in price last year was a bubble , it was overpriced and you did not go for a cutloss.

do all of them at once to make your recovery time faster, try your own lending service with a careful way , do make some research from a well known lender around here , invest some on a low priced coin but has a high potential to grow even skyrocketing more than 100times! oh how much did you have lost by the way? may we know?

you and everybody around look very optimistic. most likely it would be like that if you look at the current situation. (for now) bitcoin prices slowly began to rise by 0.49% and followed by 0.75% ethereum different from ltc, eos and xrp to date still declining and have not shown the potential to move on to rise again. the current price of bitcoin has returned to the price of $ 7,554 and the possibility of this price will continue to grow and increase again. the amount of support for bitcoin from a few hours ago will make bitcoin reach $ 10,000 in June that is what some experts say. My personal opinion, the market will soon be green again by the end of June or at least at the middle of it and this bearish trend will end soon, will not be prolonged. bitcoin prices in price charts continue to make positive progress so far.

there is much to know for beginners if you want to trade bitcoins and all of them above exist and correct , agree on that and just want to add some more explanation;

the first step is to research, the most important step of any investment opportunity is to examine the coins you want to buy. Taking this one step will get you ahead of the investors and the most forward traders. If you have done the research, go to the next step.
the second step is to choose the crypto you want, it may seem obvious, but you need to try to select the cryptocurrency you invested. take your time with this. there will always be new opportunities, so do not just plunge into the trade in an effort to catch the pumps alone.
the third step is to find the exchange, there are a number of seemingly endless exchange options. each consisting of pros and cons for different merchants as well as various coin listings available.
the fourth step is to choose a steady strategy. everyone has their own tactics, but they generally fall into one of the categories like, middle class Investors - you have a slightly higher risk tolerance than a long-term hodler. there may be coins that you hold for a while, but you also rebalance your portfolio every month or so. Your ownership may include a mixture of large and medium market capitalization caps. the point is that you make your own strategy, if you already know all four things immediately start trading. here are four basic trading techniques that I know, hopefully help.

Announcement of transaction ban in india makes this virtual currency exchange rate chaotic. the article of policy taken by the government of India outside the predictions of the observers. users and investors who have a virtual currency are predicted to soon withdraw their virtual money before the value continues to fall again. I think the government does not actually prohibit the existence of cryptocurrency in India, but the government only gives new arrangements in it like those done by the country like China and Australia, even Australia announced the new currency exchange rate regulation. this is all more to the rules, not to a ban. so no restrictions need to be revoked. in the end people in the market are the only one who can make this chaos get recovered soon.

they said it is a threat , crypto users should be protected etc , that is all the excuses . we want a freedom and government did not give it . even though it has proven profitable , those people who consider crypto currency are not secure will always try to make an attempt to stop bitcoin operation for no matter what happened.

it is a little bit makes sense when they think it is just security matters indeed but things behind it to dump crypto currency aren't makes sense at all. just some people who taking advantage to spread the FUD.

oh really? i don't think so , the current volatile happened because of the crypto currency nature itself , being decentralized causing fear uncertain and doubt much more intense. every single alt coin are standalone , the influence of each pair are indeed exist but not that much , people too paranoid matching both eth and bitcoin condition to how alt coin nature move every time.

sometimes holding an alt coin could provide you more bitcoin to hold and sell it later , just look at how torn move up while bitcoin and eth dropped .

doesn't matter , a good and skilful also lucky bastards person could turn $100 into trillion dollars , guess how? as i said it was not only skill , experience , knowledge etc but also something like a luck!

knows the potential , do act right after you have made a choice and just wait it patiently , if you could then forgot it for a while and see it later how much your investment has turned , investment always make you amazed if you go all in but get into the right project.