We can expect anything from bitcoin. Bitcoin price was $1000 in December 2016. Within a year it has crossed $19500 mark. This price hike was completely unexpected for all. Its price is now settling near $15000 mark. For the year 2018 crypto experts have predicted target price of $40000. But it seems difficult. Being a decentralised currency bitcoin posse more volatility than other currencies, more volatility means more risk to its investors. Transaction charges and transaction time is also an issue with bitcoin currency. This volatility is diverting its investors towards much safe Altcoins. Addition to that many countries is banning bitcoin currency in their economy for security reasons. Latest hit by South Korea. In such circumstances target of $40000 seems difficult.

Volatility is an integral feature of any currency, whether digital or physical. Physical currencies are centralised in nature so their volatility get controlled or regulated by their regulating authority. Bitcoin being a digital cryptocurrency is decentralised in nature. Its price and volatility is determined by the flow of demand and supply. Restricted supply, growing demand and lack of regulating authority made bitcoin the most volatile currency. Limited volatility is always welcomed by currency market but un controlled volatility is risky. Many investors have suffered by the volatility of bitcoin currency. These investors are now diverting their investments from bitcoins to Altcoins. However some are in fond of bitcoin`s volatility, they are still investing in bitcoin currency.

After touching $19600 mark bitcoin price is rolling down continuously. It has now settled near $14000. Bitcoin has given its investors far more then they have expected. These investors are now withdrawing their profits due to year end and festival time. Many bitcoin users are facing problems of more transaction settling time. Dur to overload of transactions bitcoins transaction settlement time has increased alot. Same is the case with transaction charges. Bitcoin miners are charging more transaction charges. As a result common investors are shifting their investments from bitcoins to much cheaper Altcoins.

Bitcoin is a decentralised currency. There is no regulating authority to keep control over its movements, volatility or on its price. Same is the case with transaction charges. People were fed up with bank, ATM, debit credit card charges, so they choose bitcoin currency. Earlier times bitcoin`s transaction time and transaction charges both were far less. But with growing price of bitcoin currency transaction charges are also increasing. Same is the case with transaction settlement time. We don’t know why this is happening.  Maybe bitcoin miners are doing this to earn more bitcoins.As a result bitcoin investors are shifting themselves to much cheaper altcoins.

In current rapid changing world people want everything new every day. People get attracted towards digital currencies from fiat currencies because they were tired of those physical currencies and its limitations. Same will happen in future, if any new currency gets launched and people get attracted towards it. Bitcoin is in crypto market from last nine years. People have invested in it and earned a lot. But now are tired of the same system of work. Bitcoin is a decentralised currency so change, modifications, introduction of new concepts in its structure is not possible. This may be one of the reason bitcoin is losing its popularity and dropping.

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From last two and more years crypto currencies are showing good price movements. Bitcoin has crossed $19000 mark by the end of the last year. Altcoins are also attracting good investments. There are more than 1000 altcoins currently operating in market. Among them very few are popular one. Bitcoin and Ethereum seems to be the cryptocurrencies that will sow consistent growth in coming years. Ethereum is a shadow of bitcoin currency. As bitcoins are becoming more ans more volatile, investors are diverting their fund to altcoins. For such investors Ethereum is the best alternative.

All are investing in bitcoins. From small investors/ traders to long term investors, billionaires even financial institutions are investing in bitcoin currency. Bitcoin price was near $1000 last year, it has crossed $10000 mark by the start of the December. From start of the December to mis of December it crossed $19000 mark, how? Such sharp rise is price was not because of common investors, billionaires have already entered into bitcoin currency. Many crypto experts have already predicted this. Now bitcoin is at $13000 marks. Many of the billionaires have booked their profits.   

No, you cannot. Banks are not accepting bitcoins. First you have to convert your bitcoin currency to fiat currency and then transfer the fiat balance toc your bank account. from where you can withdraw your money. Bitcoin exchange will do this for you. After converting bitcoin currency to fiat currency you may have to pay taxes as per the rules of your country.

Young generations is used with internet, mobile and mobile applications. So they can use any new technique or concept quite easily. Earning money is important but saving the same for future is also important. If we motivate the young people to learn and take interest in bitcoin currency it will help them in future. If they start getting knowledge about cryptocurrency since their young age, it will help them to earn and invest in future. Bitcoin is a currency of next age, young generation.

If all the economies of the world starts using digital money instead of physical money all of a sudden, many people get suffered. Poor people will be the first persons got hit by this digitalisation. Physical money is the most popular currency of the world. All national have their own fiat currency. Physical money is east to transact, easy to operate, transfer or exchange. All class of society can use it without any barrier. on the other hand digital money needs some basic set up such as mobile or pc, mobile wallet, internet connection etc. This is not possible for all the class of society. Due to this its use get restricted.

Ethereum and bitcoin works on the same platform. If bitcoin is gold then, ethereum is immediate silver. Bitcoin is the first cryptocurrency introduced to the world. So its dominance remain there for a long time. it holds 41% share in cryptoccurrency market. It is difficult for any cryptocurrency to go ahead of bitcoin in near future. But, if you see the recent developments and movements in ethereum  currency, it has the potential not to cross bitcoin but to reach near its price. If not near then $10000 is confirm in coming years.

Bitcoin will be there as long as currency market is going on. Fiat currency and bitcoin are two different instruments, one cannot compare between them. Bitcoin cannot reach fiat currencies numbers and fiat currency cannot have returns like bitcoin currency. People or investors are not going to lose their interest in cryptocurrencies, instead it will go on increasing. Bitcoin`s figures of last three months shown this. So no need to worry about bitcoin currency.

Volatility is the key factor of cryptocurrency. Bitcoin is the most volatile coin among all cryptocurrencies. Sharp rise and sharp fall in price is a normal thing about bitcoin currency. The day China banned bitcoin, its prices fall 20% sharply. But later recovered rapidly. In the middle of December bitcoin prices crossed $19000 mark, but later on due to profit booking prices fall sharply and bitcoin rolled back to $13000.  Since January 2018, bitcoin prices started rising and now they are near $16000. So crashes and recoveries are not new to bitcoin currency.

Bitcoin has nearly 41% share in cryptocurrency market. All altcoins in total have remaining share. Bitcoin is the first cryptocurrency introduced to the world. So dominance by bitcoin is obvious. But now due to some reasons bitcoins dominance is shaking. Other cryptocurrencies, altcoins are sharing bitcoins investments. Bitcoin is banned by many countries due to security reasons. Bitcoin high price and high volatility is stopping many investors to invest in. These investors are switching to second best assets, altcoins. Altcoins are cheap as compared to bitcoins but posses almost all features of bitcoins.              

Will poverty or need of needy people get evaporated by our bitcoin donations? No, nothing like that will happen ever. Bitcoin is not a fiat currency; donation of fiat currency will help the needy or poor immediately, they can use it for buying the things they are in need of. Bitcoin is a digital cryptocurrency, use of it requires certain infrastructure. User of bitcoin currency need mobile, mobile wallet etc. Is it possible for a poor to have all these things. If he has these things how can we call him poor? And merely by donating nothing will change, instead we must use bitcoin to creating jobs for them.   

Volatility is an integral part of any currency. Bitcoin is more volatile than all other currencies. Because of this volatility bitcoin is becoming more and more popular. Bitcoin investors/investors are using this volatility to earn money from bitcoin currency. In 2018 bitcoin price will set a new price record. But however it does not mean it will become more volatile than now. More and more investments and more capital in bitcoin currency make it less volatile in future.   

Bitcoin is the first crytocurrency introduced to the world. After bitcoin many crypto`s get introduced but bitcoin is the most popular and trusted currency. Its unique features like limited supply, decentralised nature and peer to peer operating system attracted many investors all over the world. Its own security system “Blockchain” is studied and praised by many financial institutions, experts all over the world. Many banks are ready to implement same system in their network. Its less transaction time and charges are the most popular features among trades. These are the reasons/features, why people are choosing bitcoin currency.

If this happens it will be the biggest news of crypto world. But in near future it seems impossible. Bitcoin investors have full faith and confidence in their investments. Last year China banned bitcoin currency, bitcoin price dropped by 20% a day but recovered later. Speculators sell large amount of bitcoins by the end of December resulting fall in bitcoin price. But bitcoin recovered sharply. This shows bitcoin`s popularity among its investors. Ethereum work under the shadow of bitcoin. Above mentioned situation  seems impossible in near future

Bitcoin is a digital currency and a good return giving investment. Bitcoin is not here to eliminate any currency, it is here to help people to perform their transactions smoothly with less charges. Why to eliminate banks? Banks are the vital part of economy and society. Every country of the world has its own bank. Banking industry is operating all over the world. Many international trades get settled with the help of banks, banks work as a mediator between two nations. Elimination of banking system is not possible and also beneficial for the society.