It seems to me that Bitcoin can be used as an international cryptocurrency by large businesses and large companies for financial transactions that will be much more effective than any banking services.  Of course, the obvious problem before introducing Bitcoin into everyday use is scaling, which in any case needs to be dealt with.  Of course, a simple person will not be able to use Bitcoin as a means of payment, since he does not have certain knowledge, but you need to start somewhere and the business is the best opportunity for this.

To date, there are a lot of predictions about the further development of events in the cryptocurrency market.  But all these forecasts differ from each other and each analyst gives not very convincing facts to confirm his words with all.  Based on this, I am mistrustful of most forecasts, but nevertheless I have very high expectations for halving 2020, which should improve the situation in the cryptocurrency market.  As proof of my expectations, you can take the halving of 2013 or 2016, when Bitcoin began to rise in price thanks to this process.

I do not want to underestimate the degree of danger of any virus or disease, but nevertheless, even in this particular case it seems to me a lot of information is exaggerated.  Perhaps on a global scale, the government does not have any ability to cope with problems and therefore escalate the situation.  But one way or another, due to the quarantine rules introduced in large cities and practically because of the self-isolation of most countries of the world, large companies and Big Business are failing.  Many enterprises and factories do not work, and this already affects the financial condition of people.  In general, the situation negatively affects the economy of individual countries.  But what is happening today in the cryptocurrency market, It seems to me that this is primarily due to the fault of speculators who want to get some benefit from the current situation.

Historical indicators indicate that halving in any case should positively affect the price of bitcoin.  But I have the impression that many cryptocurrency users do not think about the results of their desires when they expect a drop in the price of bitcoin in order to buy a cheaper coin.  Each time the market falls, it is very difficult to lift it from the bottom.  It is necessary to take into account the fact that with negative events in the cryptocurrency market, many potential investors are disappointed and leave the market.  I believe that the situation cannot be brought to such a degree of complexity.

I believe that cryptocurrency users should be more optimistic in the current situation, especially if you take into account the previous halving in 2013 and 2016, you can see that the results of the cryptocurrency market improved significantly after this event.  in addition, from 2016 to the end of 2017, we observed a very sharp and active growth in bitcoin up to $ 20,000.  I believe that this year will have almost the same results.

Nevertheless, what is possibly happening on the cryptocurrency market may be the result of certain manipulations by speculators, or maybe everything happens as a result of the general decline in the markets of the world economy.  It is worth paying attention to the fact that all large business fails.  But for some reason I don’t understand why the dollar is growing in price in my country, although we still have no problems with coronavirus, Nevertheless, the cryptocurrency that is legalized in the country still continues to believe, while in my opinion non-cash payment systems  should be valued much higher.

I constantly adhered to the strategy thanks to which I invested a certain part of my monthly Bitcoin income and Ethereum on a monthly basis.  This month is no exception for me either, but taking into account the current cryptocurrency price indicators, I have increased the amount of capital that I can allocate for investing in cryptocurrency this month.  In addition, I believe that the upcoming halving in any case will improve the performance of the cryptocurrency market, despite the current drop in prices, which in my opinion is an artificial manipulation.

In the face of such a problem that the whole world is facing today, in my opinion cashless payments for each person should be a priority.  Based on this, I believed that cryptocurrency would be very much in demand not only as an investment in order to minimize the risks of falling prices in markets in different directions, but would also use it as a means of payment, and at the same time, the demand for cryptocurrency should increase it  cost.  But everything happens in a completely different scenario.  I believe that all these problems and panic were exploited by speculators and scammers who are trying to make money due to the current situation in the world because of the coronavirus.

It seems to me that the teams of specialists still have a lot of work to do to improve all the platforms that are in demand, as well as increase the technical characteristics of all cryptocurrencies.  Indeed, today the main problem, for example, Bitcoin is this scalability, and If you pay attention to Ethereum, which surpasses Bitcoin in some technical characteristics, then Ethereum, in my opinion, the main problem is its unlimited amount, which over time will affect its value in a negative way.  Before cryptocurrency will be used as a means of payment, and not a means of earning thanks to volatility, it is necessary to improve its quality for everyday use.

To date, there are many payment systems that people use in everyday life.  Of course, Bitcoin is still not very popular, although a huge number of people who do not participate in activities on the cryptocurrency market hear about it almost every day in the media.  In any case, the popularity of cryptocurrencies is growing every day, but nonetheless, I believe that Bitcoin can take the place of an international cryptocurrency, but only in a narrowly focused specialization.  At least in order to use Bitcoin in everyday life, you need to solve the scalability problem, although for large businesses to make large transactions, without involving banking systems, Bitcoin can fully satisfy their needs.

It seems to me that the situations in each individual country are completely different, because cryptocurrency users are constantly complaining about this.  For several years of my activity in the cryptocurrency market, I constantly use bank cards to buy Bitcoin or withdraw cryptocurrency to Fiat, living in Ukraine.  At the same time, I do not feel any infringement of my rights, and yet in my country, cryptocurrency is recognized by the government and perhaps that’s all said.

That is why I believe that even the most thorough analysis may not give a 100% guarantee on the success of your business or your investments.  There is always a chance that the fraudster will be much smarter than you can identify.  Maybe I don’t have enough experience, but as a Bounty Hunter, I also always hope for other users who work with me in the bounty company, as well as for the Bounty manager, who also has a fairly high rating on bitcointalk, which is already good  chance to prevent fraud.
You are really right about the dangers that await any cryptocurrency user, but you should also pay attention to the fact that Coinmarketcap is no longer an authoritative resource that you can trust without question.  There is quite a lot of information on CMC abuse on bitcointalk when incorrect or incorrect information is provided to users.

I also do not mind advocating privacy, and I would also like the government to control my financial turnover.  But it seems to me that cryptocurrency risks staying in demand only on the black market if the state cannot control the cryptocurrency market.  I really understand that the government wants to maintain a monopoly on printing new money, and the use of Bitcoin, which has a limited amount, is contrary to their plans.  Nevertheless, in the world, everything happens not as we want.

I believe that any cryptocurrency that is in demand on the cryptocurrency market and has a high rating can be a very good gift.  Any values, including valuable metals, stones or stocks, as well as today, even Bitcoin is a very good gift for anyone.  Of course, it will not be superfluous to conduct a brief and informative conversation about Bitcoin with the person to whom you are giving a gift. 

In any case, the number of fraud among new projects in the cryptocurrency market has significantly decreased, compared with 2016 and 2017.  Already today, cryptocurrency users and investors have become much more attentive and smarter, doing a thorough analysis of all available information in order to determine the prospects of a new project and identify fraud.  But it seems to me that more people are dissatisfied with the cryptocurrency due to the fact that they do not receive the income they hoped for, since the cryptocurrency market does not show bullish run, as it was in 2017.  people hoped for faster and more profit, and not for the results of long-term investments.

In fact, no one is immune from fraud.  Of course, the results of our research depend on our professionalism and previous experience, but nevertheless this does not always give the desired results.  I am wary of any investment in new projects, but deal with them as a Bounty Hunter.  And if I invest my money, then only in proven projects that will definitely have prospects in the future, as well as in already held cryptocurrencies that have a very high rating.

The biggest investment in my portfolio is Ethereum.  Of course, it’s very unfortunate that I did not follow what was happening on the cryptocurrency market and did not benefit from such price fluctuations when the price of Ethereum fell from $ 200 to $ 119 per coin.  Nevertheless, I decided to invest a certain amount in Ethereum again when the price dropped to $ 129.  I think this is a good chance, given the possible increase in prices due to bitcoin halving, which in turn should affect other cryptocurrencies.

Today, life is quite complicated and therefore the mentality of people is almost similar in every country, because they perceive negative things much faster than good ones.  That is why I am worried about the fate of cryptocurrency, since the directors show the cryptocurrency in a bad light, because they show how criminals can use cryptocurrency to finance crime.  Although if you think about this topic more carefully, then Nobody forbids dollars, when the forbidden funds are most bought and sold for this currency.

While Bitcoin fell to $ 5,100, I immediately drew attention to the stock market and commodity market quotes.  I made sure that almost everything falls in price.  Even oil has fallen in price by almost half.  Of course, the United States finds leverage to somehow preserve the value of its national currency, because unlike the dollar, the national currency of my country has significantly decreased in value.  I believe that there are very important points in the financial and economic world that affect the current situation.  Although so far I have blamed speculators for manipulating the cryptocurrency market, But it seems that they have nothing to do with it.

Undoubtedly, today is a very good opportunity to buy cheap Bitcoin before the next halving, since prices have decreased by more than 30%.  But regarding the provision of passport data at the time of purchase, Bitcoin scares few.  I personally do not see anything wrong with what KYC will require for me when buying Bitcoin for cash.  Moreover, in my country there is no state ban on the use and trade of cryptocurrency, although there is a minimum amount for which additional documents may be required.  but for me it’s not cretical.  Why are you so negative about Kyc and afraid of it?