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Indeed, we can't but have this kind of situation. Anything that have advantages must surely have disadvantages. Fiat currencies also have huge number of disadvantages.
I always knew that the perpetrators of financial cime will see cryptocurrency as a safe haven and this is a disadvantage.
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This will still not impact so much on volatility as the forces of demand and supply will not stop playing their respective roles of changing the price accordingly. Regardless of whether all bitcoins are mined, price will remain subject to fluctuations. Price will only rise over time due to scarcity.
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Road accidents are caused by a number of factors. Some are caused by the driver’s negligent and others by the failure of government to fix damages on the road or proactively circulate any dangerous development on any route. You need to see some roads in the third world countries, they are already death trap and yet people have no choice but to use them.
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Having bought bitcoin, what to do next largely depends on you because it can be a matter of your schedule. If you are less busy, you can learn trading and trade your bitcoin or other altcoin but if you are very busy, you will have to hold your bitcoin and watch it grow over a long period of time.
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Very bright future ahead. Future of bitcoin is great but you have to see both sides of the picture.Bitcoin has grown a lot in last 3 months just like a rocket .Now its risky for newbies to invest for short term. People who had large volume of Bitcoin reaped heavily during the price surge. This is destined to reoccur in time to come.
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This is a good news. Korea seemed like a country where so much strict regulations on cryptocurrencies was emphasized. I am in support of regulating cryptocurrencies in order to prevent financial crisis but selfishness must not be involved.
Many will be happy about this development.
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This is a welcome development in my own view as it will take the cryptocurrency world to the next level which is the level of sanitation. So many people including me have been scammed by some ICOs in the past and as we speak they still keep scamming people. This will help eradicate scam and boost confidence for the cryptocurrency world.
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The most practical method of making profit from cryptocurrency is buying when the price is down and sell when the price is up. Waiting to make gain may take a while as price may not get bullish on time. But on a longer wait, you can make good earnings.
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Yes, digital currencies will replace paper money. The days of paper money are numbered. Online money transfer is now prominent in most of the countries. However, the time for paper money to completely vanish will vary from country to country. It will happen faster in the developed countries.
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