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The total capitalization of the crypto-currency market will reach 1 trillion thanks to the growth of interest in altcoins. btc will not reach 50000 because he has competitors more cheap and popular coins.
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BTC in the future will often be used as a banking cell, its price will stabilize even higher and thus attract more attention. Altcoins will be the currency in small transactions.
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BTC is an excellent currency to become worldwide. At the moment, USD is a world currency and its price is based on oil production, which is heavily artificially overstated. the cost of BTC is also artificially overstated and revalued. And why can not it become a single legal currency?
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At all times, trade has been a difficult business because laws and trade rules are changing, people's thinking is changing, technologies are developing. All this affects the processes of trade.
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I have been in touch with the cryptocurrency for the last 7 or 8 moths and i have noticed that when ever the price of the BTC goes up the other coins also go higher. It looks like they have some kind of market influence on each other.
Could you explain it? if yes then with reason.
And what is the difference between those other coins and BTC market?
In my opinion whole crypto market is standing on the shoulders of Bitcoin and somewhat on ETH as well. There are many reasons for BTC to be the leader of market. It is always on the top of the list and one of the initial crypto in the market. And on every trading platform trading is dependent on BTC and ETH. That's the reason in my opinion. The entire crypto-currency market is tied to BTC and ETH. Many coins with large capitalization are traded on different exchanges, sharks are speculating and manipulating the rate of specific currencies. |
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There is nothing surprising in that altcoin is falling and BTC and ETH are rising. This phenomenon is temporary, this has already happened.
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Determining the real project is really not easy. The main thing to study the topic with the scope of the project of interest, as far as this topic is attractive and relevant in principle.
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I started dealing with crypto currency to get an additional source of income. In the future I want this to be my main income.
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Evidently, currencies are evolving with the growth of world progress. I think that very soon the crypto currency will replace the fiat money forever.
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Children need to be trained to earn crypto currency, also the basics of blockchain. Very soon this will work. And if you simply put BTC on a purse, and in the future just give this money for an outdated model of education, then the children will not learn anything.
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Bitcoin is a dynamically growing coin, growth will continue, but kickbacks will be. I think BTC will go to the range of 8000-11000 until the next pump.
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To trade wisely, one must be wise. To be wise you have to work hard on yourself, read, study, analyze thoughts and actions.
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There are a lot of garbage coins on the market. If you have any coins in your wallet and want to sell them profitable you need to study well the projects that issued them, and then decide to keep these coins or sell them immediately.
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legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam
Legalization of bitcoin is legal in the other country but not in all country . Government should take actions in legalizing bitcoin because it is helpful in our society . all countries have their own interest in legalizing bitcoin, because the considerations of each country must be different. it is not easy to legalize bitcoin because it will be considered a profit and loss so as not to disrupt the financial stability and banking of the country. development can not be dammed bitcoin in time should also be accepted The process of legalizing bitcoin will be very long, confusing, painful for many bitcoin owners. Do not just legitimize what is decentralized. |
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I think that the countries that have banned bitcoin are only slowing down in development. Civilized countries develop the crypto industry, introduce the study of crypto currencies in the secondary school curriculum, prepare laws regulating crypto currency, hold forums and conferences with reports.
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Bitcoin is a brand. But over time and the growth of competition in the crypto-currency world, it may happen that there will be new brands capable of competing with BTC.
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I believe that the price is most affected by human greed, and other negative character traits.
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Why, until now, government all over the world still doesn't trust bitcoin?
Not all governments distrust bitcoin. For those who do, they are not so convenient with the principle with which bitcoin operates. The decentralization of bitcoin takes the power back to the people in terms of their finance transaction which no more becomes a subject to third party interruptions as seen with the governments and banks. Governments around the world have signaled their ongoing or imminent intent to legislate and regulate cryptocurrencies around the world, and it seems the largest banking and financial firms are waiting for more clarity before they forge ahead with plans to enter the market. Governments around the world often make similar statements, but no concrete action is taken. They want to regulate in such a way as to have the maximum profit from the turnover of the Crypto currency, but this is not easy to implement. |
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Crypto currency is no longer the future, it is the present. The educational system needs to be modernized in accordance with the development of technologies. Introduction to the secondary education system, compulsory study of blockchain and crypto currency is a big step forward, but this step had to be done yesterday.
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