Yes they will try and get themselves going. In fact whatever that will replace the bank will still be within the banking pattern with little change maybe because of the modern kind of operation and cryptocurrency adoption. However, it will still have a level of centrality, housed under a roof with known physical address and controlled by the government.

We are not to get surprised about the drop. The bear has been waiting to come before price hit to 30k but instead of the bear at 26k, the price jumped and kept jumping to 34,000. The price jump deceived many traders to hodl longer but now we don't need to shout as the expected has happened. At every bull, we need to expect some correction.

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We may not be sure that the price of bitcoin can not drop to 20,000 or below anymore. Bitcoin is a highly fluctuating cryptocurrency and moving upwards and downwards. Therefore, the possibilities are there for such happening.
It has happened in the past , from 2017 that price came to 20,000 but it dropped in 2018 and 2019 back to around 5,000 and beloe in 2018. So, if that has happened, it can repeat itself again as a correction from the bull run.  If in example the whales decide to cash out heavily, then expect that price can drop for them to back back.

You may need to search through coinmarket.com through these means

bitcoinprice

Bitcoin's 10 Biggest Moments in 2020

I think you have same way or view about this as me because I also don't figure out any difference in it. Before this new bitcoin bull , bitcoin users have known and associated with one All Time High and that means the highest bitcoin price at every point which happened in 2017.

Even as no other price came above it unlike we have seen in the current bull over taking in price by day and weekly but we are sure of the highest price.

Why the confusion of New All Time High where we are sure to see the highest price by ourselves. I think cmc is there for the check of highest price if we are not lazy to research. IMO ATH is what it is .

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What my suggestion can go now is DIA. It is looking like a good project for longtime investment. DIA is a stable coin and know that it will be more useful now that bitcoin has gone high because investors would like to secure their gain by converting to Dia or tether. So any of them may profit you.

You are indeed confused if you are thinking of investing in all coins. Lol and do you know how many coins involved ? I think you have to check cmc https://coinmarketcap.com/
So I believe it is impossible for you to invest in all coin. Advise is that you can check on the link to pick few of your choice especially those at the top to invest on. That will be a good idea and not investing randomly, some projects are just shit project.

Then consider your post to be backed up with a source to your information.

Anyway, IMO I think that financier is generally someone who has seen some better advantage than they can do and can sponsor, encourage or advise that a financial obligation is taken up and in this extent relating to trade and cryptocurrency, they can be banks, cooperate institutions. To another point in that, the government can also be financier in there project and they sell out bonds and security to individuals or institutions for investment in different areas of government sectors.
A financier has strong believe that invested money is going to bring better profit than they are able to generate.

I agree that 6,000 may be a dream destined not to come through but buying immediately because we want to catch up for profit is not a proper business plan. Waiting for the correction can be okay and more down is proper to make a come back to hodl because bitcoin is flying more by next year.

My surprise and concern is why the need for second shutdown when they say the vaccine is out and functioning? If the vaccine is active then it should be used on the affected people and not to shutdown again because it will further impoverish the countries and people more.

Shutting down will imply that vaccine is not out yet. More effort need to be made to ensure the vaccine is taking care of the covid-19 pandemic.

I like that, that even the correction is firing high. Bitcoin technical analysis have all been defied. This is surprising the way the price is climbing too high to have an accurate prediction. I guess 28,000 was reach last week and we could see note of high beyond 27,000. Hodlers time and more keep fighting to go in for it which is one reason for this bull.

Looking at your topic I was thinking maybe it is about the debt we owe to the world, that all of us should live a good life lol.

And with you coming into business angle, to that I can contribute to our conscience that even as we do business, we should not cheat others, we don't need to scam people online off what they have. And that we should remember things go around, the deeds we do can come back to us, either directly to hurt us or families when we are no more.

Yes.


You didn't give clarification of the account. Whether crypto account/wallet or whether bank account.

If it is crypto wallet account, then you can freely do that with trust to whosoever with hope that you won't be betrayed. You can disclose your wallet code to the person.

For bank account, I think you can do such or you are already doing that when you fill your bank form for opening an account. Usually, the bank provides a column where you fill someone's name that is close to you called next of kin. Automatically, a next of kin can handle your account if you not available again either by death. Although, there are other forms and confirmation to be done by the next of kin.

But if you also want to transfer your account to another person, I think it is still possible with the bank, maybe like a gift to the person.

Don't spread fud or fear to get into the price rally. Don't be surprise that price may not get down to your expectation. Correction may come but I don't expect 10,000 price for bitcoin. The analysis are not predicting bitcoin to fall back to such price.

From the price this month, it has shown more green move for further accumulation of gains to the bitcoin fold. December didn't show any sign of new ATH and now price is around $26,500 which is tremendous achievement already.

2022 from now is like a year and half. If we are to look at the price since 10 year ago to how bitcoin has achieved it price yearly, we can't believe that such is possible to happen. Likewise in my own, I think it is a difficult price for us but we know that with bitcoin, anything is possible.

This is funny to say you will live your life on a specified amount of money. Things are not working like that. Some questions are to be raised here, how old are you at the moment? like health issues can come too etc. Things can change and you maybe looking at the money that it is big but change can happen at any time in our lives